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You ask for improvements...change the time for pairs to the non trading sesssion for example EURUSD 22 to 4 hour...(you can set the first value higher than last)Thankyou
Better than after first breakout would be to take the trade when the price is going far from channel...then the probability is high to reverse to it....
And not fixed pips...I would take percentage of channel of the last 20 candles....so for example if the price is away 100%=width of channel ...then the probabilty is high to reverse
TP I would choose the first border of channel when the price reverse or X percent of the channelwidth ...
SL maximal RR=1:1 but this would mean the price goes twice the average channel width...rarely this will happen....
Breakeven to 1 point would be nice if price reaches channel border and the tp is set to the other side....
I ll just code this...but I ll wont post this public cause we are reaching a high money making probabilty level....
Every1 is invited to join & test & work hard on this....
