This universal Expert Advisor is based on a channel trading strategy, when signals to buy or sell occur when the price crosses the lower or upper levels of the channel, which is built by our own indicator. When the price moves against, averaging positions are opened through the distance. Positions are closed according to three scenarios - by a fixed TP, at the median and / or the opposite border of the channel.
The advisor's algorithm is based on a deep understanding of technical analysis and personal experience in exchange trading, has passed the test of time, therefore it guarantees accurate signals and well-thought-out decisions. Traders are also given the opportunity to use their own risk management system with two filters from the set to control the deposit drawdown.
This expert advisor is ideal for working both on the flat market and during sharp or protracted trend movements (due to the Martingale method, according to which averaging positions are opened in accordance with the multiplier and distance set in the settings).
Therefore, with various settings, taking into account the selected type of trading, this expert advisor is suitable for both scalping and intraday, medium-term and long-term automatic conservative trading.
This expert uses a universal panel for all our experts, which displays the following information necessary for the trader:
• Ticker of the traded instrument
• The number of open BUY and SELL orders
• The size of the current unfixed drawdown or profit (with a drawdown of up to 20% - standard color, with a drawdown of more than 20% - red, with profit - green)
• The size of the fixed profit for the current day, week and month
• Two buttons for closing all open BUY or SELL orders manually, if the trader so desires.
The chart also displays the zero price of the grid from all open orders (breakeven level) as a yellow line.
This expert advisor can be used to trade all instruments without exception on all markets and on any timeframes, but for this it is necessary to first select the appropriate settings for them.
You can download the demo version in
https://www.mql5.com/ or contact us