The Expert Advisor builds channels based on the data obtained using ATR and MA indicators according to the equations:

• Upper channel border = MA + ATR * (FIBO);
• Lower channel border = MA - ATR * (FIBO),

where FIBO has the following values:

• Style of Trade - Aggressive = 1.61852;
• Style of Trade - Average = 3.26704;
• Style of Trade - Calm = 4.85556.

Trades are opened inside the channel with the intervals defined in the settings. Long and short positions are opened independently. Positions are closed when one of the two events occurs:

• Total profit in points is reached;
• Total profit in percentage is reached.

I recommend using the EA on flat symbols with a relatively small amplitude.

The best results are achieved on CHFJPY M15.

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