Price Channel EA RobotFX - MetaTrader price channel Expert Advisor (how to trade the price channel)

#Download #channel expert advisor 4 #MetaTrader The MetaTrader Price Channel expert advisor works by drawing the support and resistance levels, then opening trades when the price bounces from the channel’s levels. #RobotFX #Price #channel #expertadvisor main functions ✔ draws the channel according to the trend (uptrend or downtrend channels) ✔ trades long in an upwards channel and trades short in downwards channel ✔ manages the opened trades by trailing the price, recovering losses, calculating the lotsize automatically etc The price channel strategy involves two trend lines positioned above (resistance) and below (support) the price. The price action is contained between these two parallel trend lines. The separation between the two trend lines needs to be wide enough to trade inside the Price Channel pattern. Traders can buy at the channel support level and sell at the channel resistance level, then exi