Smart Channel Trader

? V1.1 – Includes range filter and fine-tuned SL/TP/RSI settings based on 2024 – 2025 real tick optimization.

? V1.2 – Linear Compounding Logic

? New in Version 1.2 – Linear Compounding Feature

SmartChannelTrader now includes a linear compounding system designed for small accounts and controlled risk escalation.

? How it works:

• After each consecutive loss, the risk per trade increases step by step (e.g., 1%, 2%, 3%, …).

• After the first winning trade, the risk resets to the initial value.

⚙️ Key Options:

• Supports both percentage-based and fixed lot sizing.

• Automatically tracks losing streaks.

• Maximum compounding steps are user-defined. (Input: Max steps before risk caps out)

This feature helps traders maintain discipline and structure in position sizing, particularly on smaller trading accounts.

Smart Channel Trader is a fully automated Expert Advisor that trades based on price action within a dynamic horizontal channel. The EA identifies areas of potential price exhaustion and opens trades at the edges of this virtual channel, always using fixed Stop Loss and Take Profit for clear risk control. No martingale, grid, or recovery methods are used — only clean, logic-driven entries.

✅ How it works:

A simple yet effective horizontal channel is drawn around a midline based on recent price movement, simulating potential support and resistance zones.

When price reaches the outer edge of the channel, the EA checks two conditions before entering a trade:

- **RSI Filter**: Confirms overbought/oversold conditions using the Relative Strength Index.

- **Range Filter**: Prevents entries during tight consolidation or sideways movement, improving execution quality and avoiding false signals.

If both filters confirm the setup, the EA opens a trade in the opposite direction (mean reversion logic).

Every trade includes a clearly defined Stop Loss and Take Profit — no hidden risk, no recovery logic.

✅ Features:

- Dynamic horizontal channel that adapts to current price zones

- RSI filter blocks trades during strong trending conditions

- **Range filter** avoids low-quality trades during flat market phases

- Fixed or risk-based position sizing (% of account balance)

- Clean and efficient logic with no dangerous money management

✅ Safety First:

- All trades have predefined SL and TP

- No martingale, no grid, no stacking

- Only one trade per symbol at a time (protected by Magic Number)

⚙️ Recommended Use:

- Pair: EURUSD

- Timeframes: Optimized for **M15** (default), but also works well on M12 and M30

- Includes recommended `.set` files and optimized default settings

? Optimization Tip:
For best results, always optimize SmartChannelTrader over the last 2 months of data, and re-optimize every 2 weeks to adapt to current market conditions.

? For Small Accounts – Under $1000:

- Supports fixed lots from 0.01 or dynamic risk-based sizing

- Fully compatible with micro/cent accounts

- Compatible with brokers offering 1:100+ leverage

- No complex configuration — plug, test, and deploy

- Use with a low-spread ECN broker and fast VPS for optimal execution

?️ Start small, scale smart.

? Try the free demo version on EURUSD and explore its logic.

? Ready to trade channel edges with confidence? Unlock the full version and take advantage of filtered, high-quality entries.