Flet-Canal_2.4 - Expert for MetaTrader 4
Flet Canal advisor reacts to the breakdown of the flat range. The robot is configured to search for low volatile zones on the chart with the subsequent installation of two orders. When the range is broken, one order is the operating and the second is deleted. This is the algorithm for the first version of the FletCanal adviser, which you can download for free on the MTDownloads website.
Version Flet-Canal v.2.4 has these additional functions:
- Works based on a new indicator with the possibility of smoothing;
- Establishes orders on all determined channels regardless of whether there is a position in the market or not. The number of market orders setting the MaxOrder parameter can limit this function.
- It is possible to set up stops: simple or dynamic. If the simple ones are equal to zero, dynamic stop-loss will work. The values of the restrictive levels can be changed.
- The "money-management" function is built-in.