ChannelTrader works on H4 timeframe with EURUSD and GBPUSD. It uses simple channel strategy. Works well on trend condition market. Don't use it in flat or swing market conditions. The price is for 3 months license. Here you can see the live results of ChannelTrader online running.
Parameters for EURUSD:
Channel(185) - the width of channel;
MAPeriod(89) - the period of moving average which determine price channel;
StartChannel(0.25) - the value, that determine start of the price channel;
Stop(20) - the value is used to calculate stoploss;
Shift(15) - the value is used to recalculate stoploss and take profit;
Performance report on EURUSD H4 timeframe from 2001
Initial deposit
5000.00
Spread
4 points
Model
"spread/2 points"
Total net profit
44296.52
Gross profit
119280.90
Gross loss
74984.38
Total trades
212
Winning trades
84
Losing trades
128
Largest winning trade
2049.83
Largest losing trade
2032.98
Max consecutive winners
6 (9864.16)
Max consecutive losers
8 (5099.66)
Avg consecutive winners
2
Avg consecutive losers
2
Max consecutive profit
9864.16 (6)
Max consecutive loss
5099.66 (8)
Absolute drawdown
1889.49
Max drawdown
6028.88 (11.8%
Parameters for GBPUSD:
Channel(235) - the width of channel;
MAPeriod(89) - the period of moving average which determine price channel;
StartChannel(0.22) - the value, that determine start of the price channel;
Stop(21) - the value is used to calculate stoploss;
Shift(29) - the value is used to recalculate stoploss and take profit;
Performance report on GBPUSD H4 timeframe from 2001