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ChannelTrader trades on channel limits and work great in trend
condition market. Works well on EURUSD and GBPUSD on H4 timeframe. It
uses simple channel strategy. Works well on trend condition market.
Don't use it in flat or swing market conditions. Original strategy described on http://www.finlist.ru.
| ChannelTrader |
Below you can see the how expert advisor is working:

The trading results results on the EURUSD: 
| 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 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;
The trading results results on the GBPUSD:

| Performance report on GBPUSD H4 timeframe from 2001 | | Initial deposit | 5000.00 | | Spread | 4 points | | Model | "spread/2 points" | | Total net profit | 50669.16 | | Gross profit | 130358.15 | | Gross loss | 79688.99 | | | | Total trades | 185 | | Winning trades | 71 | | Losing trades | 114 | | Largest winning trade | 2479.27 | | Largest losing trade | 1339.83 | | | | Max consecutive winners | 6 (13312.81) | | Max consecutive losers | 7 (5628.93) | | Avg consecutive winners | 1 | | Avg consecutive losers | 2 | | Max consecutive profit | 13312.81 (6) | | Max consecutive loss | 5628.93 (7) | | | | Absolute drawdown | 2238.48 | | Max drawdown | 7511.24 (35.5%) |
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; |