Free Forex MQL Training
Free Forex, Candlestick Charts, and MetaTrader Training
| A Semi-Automatic Channel Trader Expert Advisor |
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| Written by Al Parsai | |
| Tuesday, 17 March 2009 | |
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If you would like to trade base on bounces from a channel or crosses over a channel you may use this Expert Advisor to do the job for you. All you need to do is to attach the EA to a chart, move the channel lines in proper location, and then define the direction of the trade and the trade settings. The EA enters the trade without your presence when the price approaches or crosses the channel lines*.
How the "TradeChannel" EA WorksWatch the following video for more information about this EA. Click here to see the video in full size.
Download TradeChannel [download]Click here to download the EA. This is the compiled version of the EA which can be used both on demo and live accounts. The source code is only available to my paid students. If you would like to register to my online MQL course and have access to the source code of this Expert Advisor and many other EAs, Indicators, and Scripts click here.
Important Note: This EA is not a fully automated trading system. I have designed it to help you with your existing trading strategy. Do not consider it as a trading system. It is just a tool to make your trading experience more comfortable. I strongly suggest finding a trading strategy that matches this EA before using it. Also I do not take responsibility of the results you may get by using this Expert Advisor or any other tools published on ForexBrace.com. Neither this website nor I offer financial advice. I am also not responsible for any malfunctions of the programs offered on this website. Risk Warning!
*I cannot be held responsible for the malfunction of this Expert Advisor. User discretion is advised.
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| Last Updated ( Monday, 16 March 2009 ) |
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