Gliding Channels Trader CF V1 1 Beta.mq4
Gliding Channels Trader CF V1 1 Beta.mq4 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around price channels. This copy is version 1.1. It has 13 settings, for example Start Bar (default 3), Line Width (default 2) and Stop Loss (default 57). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1 · Free
About Gliding Channels Trader CF V1 1 Beta.mq4
Gliding Channels Trader CF V1 1 Beta.mq4 is an expert advisor (trading robot) for MetaTrader 4. It has 13 settings, such as Start bar, Line width and Stop loss. MQL source code included.
Files in the download: Gliding Channels Trader [CF] v1_1 beta.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Start bar | 3 | |
| Line width | 2 | |
| Stop loss | 57 | Stop loss distance |
| Stop loss step | 10 | Stop loss distance |
| Slippage | 1 | Maximum slippage allowed when opening a trade |
| Sensitivity | 2 | |
| Lot size | 0.01 | |
| Use dynamical sl | true | |
| Show labels | true | |
| Channel as ray | true | |
| Channel as background | false | |
| Show alerts | true | Turn this alert on or off |
| Channel color | LightGreen | Colour on the chart |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Channels & Envelopes · MT4 Expert Advisor · MQL4 Source Code