Auto Channel Trader1.1

EALegit summary — unaudited listing

Auto Channel Trader is a MetaTrader expert advisor that builds a price channel from swing highs and lows over a user-defined moving average period, fitting lines through these points and extending them forward. It places buy orders near the lower boundary and sell orders near the upper boundary, with the trigger distance, order distance from the channel, number of trades, and take-profit offset all set as percentages of the channel width. Position size is based on a percentage risk of the account balance, and trades are managed with a trailing stop loss set as a percentage of the channel width plus a take profit near the opposite channel boundary. The seller does not specify particular symbols or timeframes, and notes that actual losses may exceed the configured risk during volatile or shifting channel conditions.