Trading Robots for MetaTrader 4

Here you will find many programs for the MetaTrader 4 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 4

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EA Channel Exit

ea-channel-exit-logo-200x200-7603
129.00 USD91.59 USD

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Information

Experts
MetaTrader 4
Oleg Pavlenko
2.2
5

Overview

EA Channel Exit - can trade in automatic or semi-automatic modes

Calculates the trading channel based on the input settings and opens positions when the price goes beyond the channel boundaries

It can partially hedge the first opened position

All positions can be protected by the stop loss and take profit levels (real or virtual)

It can fix a profit based on a percentage of the balance or when a fixed profit is reached in the deposit currency

Does not use dangerous strategies such as Martingale or grid

Minimum deposit amount: 200 usd for one pair

Broker: any, recommended brokers: TickmillRoboForexIC Markets, ValuTrades (Seychelles only)

Account type: any, recommended account types: ECN, Pro, Pro STP, Raw Spread

Currency pairs: any, recommended pairs: EURUSD, GBPUSD, USDCAD, GBPNZD, GBPCAD

Timeframe: any, recommended H1

The indicator that is used in this strategy is here: https://www.mql5.com/en/market/product/65313

All settings are specified as for 4-digit quotes. For 5-digit numbers, everything will be recalculated automatically
Input settings:

GENERAL SETTINGS
Select Language - Select the interface language
Allow Trade - Includes/Disables automatic trading
Max Spread - Maximum allowed spread
Start Hour - The start time of the auto trade
End Hour - The end hour of the auto trade
Working Timeframe - The Working timeframe for calculating and opening positions. The Expert Advisor can be installed on any timeframe, but it will only trade on the TF that is specified in this setting
Channel Multiplier - A multiplier for determining the channel width
Channel Length - The length of the channel
Send Push notification - Allow / Prohibit sending messages about trading operations to the terminal on your smartphone

MONEY MANAGEMENT
Reserve - How much money to leave in reserve. Specified as a percentage of Use Funds
Use Funds - What funds to use for automatic calculation of the volume of positions
Use Autolot - Enable/Disable automatic calculation of position volume
Autolot Size - The amount of funds in the deposit currency for automatic calculation of the position volume
Fix Lot - Fixed lot size. It is also used for automatic calculation of the volume of positions when the Use Autolot = True parameter is enabled
Lock the first position - Includes/Disables locking of the first opened position
Lock lot multiplier - Multiplier for locking the first position
Max Open Orders, one directions - The maximum number of open positions in one direction
Min Open Orders to increase the lot - The minimum number of open positions, after which the EA will open increased volumes
Lot Multiplier for increase - Multiplier for increased volume positions
StopLoss - Stop Loss Level
TakeProfit - Take Profit Level
Basket TakeProfit - Take Profit level for a basket of orders
Close All profit, %  (if 0->OFF) - The percentage of profit from the deposit to close all positions
Min count Orders for Close Profit in % Minimum number of open positions to close as a percentage
Close All profit, money  (if 0->OFF) - The amount of profit in the deposit currency for closing all positions
Min count Orders for Close Profit in money Minimum number of open positions to close in the account currency
Reverse Signal - Flip the signal, it will open positions in the other direction
Use Virtual TP - Use virtual Take Profit levels
Min count Buy in Basket for close - The minimum number of BUY positions in the basket for setting the total TP
Min count Sell in Basket for close - The minimum number of SELL positions in the basket for setting the total TP

OTHER SETTINGS
Show Trading Statistical - Enable/Disable the display of trade statistics on the chart
Show Button Panels - Enable/Disable the display of panels on the chart with position control buttons
Draw Channel - Enable/Disable drawing channel levels on the chart
Draw Profit on the Chart - Enable/Disable the profit display for closed positions on the chart
Magic ID - Magic number of orders

30 DAYS MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.

Refund requests received more than 30 days after purchase will be rejected.

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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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