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REGISTER PARTICIPANTS Expert Channel Trader Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 8, 2020.

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  1. James Goldman

    James Goldman Moderator
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    channel-trader-logo-200x200-5330.png

    Scalper Robot built to work with GBPUSD but it can obtain good results also with EURUSD, XAUUSD and USDJPY.

    Frequency: about 3/4 trading per week.

    It's a "channel follower" with adjustable profit and trailing stop option,

    It can be customized to work with other pairs and work as "event-trade".

    Martingale with adjustable distance from open position and profit to close all positions.

    In case of drawdown the EA will open a position in the same direction at the distance specified in Pipstep parameter, and it will manage all position opened.

    Once a desired profit (Profitto_pareggio) is reached, it will close all positions.

    • risk - it works only if Lot is 0.0 (Autolot). 10 means 10% of account.
    • Magic - Magic number for orders opened by EA.
    • Magic_Pyramid - for martingale orders. It has to differ from Magic.
    • Trail_active - if true EA will manage orders with a trailingstop.
    • Lot - put 0.0 in order to have autolot (EA will calculate automatically lot size basing on free assets and risk parameter).
    • TrailingStop - 30 means 3 pips (Only if active).
    • Slippage - slippage! Change it only in case broker has a big spread (not recommended).
    • Pipstep - 100 is optimized with GBPUSD (martingale).
    • Profitto_pareggio - desired profit for martingale (in case of drawdown).
    • GMT_Offset - 25 means autoGMT offset detecting (for backtesting put GMT offset of the broker).
    • delta - 100 is optimized for GBPUSD.
    • profitto - profit in pips (60 means 6 pips).
    • Sth - change if you want use this EA as event-trader.

    channel-trader-screen-4216.jpg channel-trader-screen-8217.jpg

     

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