Standard Deviation Channel Lines

Experts MetaTrader 4 Free

“Standard Deviation Channel  Lines” EA draws Standard Deviation Channel  Lines  on chart and trades with its trend,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ.

    • Try it on demo first.
    • This EA trades only with the price of open candle!
    • If you do not want to trade with increasing lot size when you lose  a trade set:”IncreaseFactor=0″
    • I combined together a simple EA with two moving averages and Standard Deviation Channel  Lines,
    • The Trend Line do not work on test mode,
    • The optimization tests can be performed only with moving averages,
    • -In live trading only, Standard Deviation Channel  Lines and moving averages will work together,
    • During tests, the EA  only draws the Standard Deviation Channel  Lines on the screen in  visual mode without considering it in the creation of trades,
    • The Standard Deviation Channel  Lines will function as a filter .
    • In this situation the probability of winning trades increases.

      Inputs

      •  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
      •  TP_In_Money- Take Profit In Money   (values: 10-100).
      • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
      • TP_In_Percent- Take Profit In Percent (values: 10-100).
      • ————[Money Trailing Stop For Multiple Trades]———————-
      • Enable_Trailing-Enable_Trailing with money  (values:true/false).
      • Take Profit In Money (in current currency) (values: 25-100).
      • Stop Loss In Money(in current currency) (values: 1-20).
      • Loss Index (values: 1.1-2).
      • ————————————————————————————
      • DEViation length (bars)(values: 10-100).
      • DEViation color.
      • DEViation value(values: 0.5-3).
      • Lots – Lots size (values: 0.01-1).
      • Lots size Exponent  (values: 1.01-2).
      • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
      • Stop_Loss – Stop Loss (values: 30-500). /set value 600 for  Multiple Trades
      • MagicNumber – Magic number (values: 1-100000).
      • TakeProfit – Take Profit (values: 50-200). /set value 600 for  Multiple Trades
      • FastMA – Fast Moving Average (values: 1-20).
      • SlowMA – Slow Moving Average (values: 50-200).
      • ———————CONTROL DRAW DOWN—————————–
      • UseEquityStop –  (values: true).
      • TotalEquityRisk- (values: 0.01-20).
      • ——————————————————————————
      • Max_Trades(1-12). 
      • FractalNum= Number Of High And Low(values: 1-10).
      • IF YOU USE ONLY 1 TRADE:
      • /////////////////////////////////////////////////////////////
      • USETRAILINGSTOP-If use trailing stop (values:true/false).
      • WHENTOTRAIL-When to trail (values: 40-100).
      • TRAILAMOUNT-Trail amount (values: 40-100).
      • Distance From Candle -Distance From Candle (values: 1-100).
      • USECANDELTRAIL=If use trailing stop (values:true/false).
      • X=2-number of candles (values: 1-100).
      • USEMOVETOBREAKEVEN-Enable ” break even ” (values: true/false).
      • WHENTOMOVETOBE-When to move break even (values: 1-30).
      • PIPSTOMOVESL=30-How much pips to move stop loss  (values: 1-30).

      -You should optimize this EA every few months and use the exact same  inputs from above .
      -You can use it as  hedging grid EA or a single trade EA.
      -How to perform back test:https://bit.ly/2CD7XWD

      Standard Deviation Channel Lines-DEMO

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