The Binario EA, developed by Gordago Software Corp places long and short trades in the forex market based upon a tunnel of two 144 exponential moving averages. A pending buy order is placed at the 144 EMA high price and a pending sell order is placed at the 144 EMA low price.
Once the currency price hits one of the EMA’s, the other serves now as the trailing stop which will be updated every time period. You can modify the following EA settings: TakeProfit, TrailingStop, PipDifference, Lots and MaxRisk
Download link: Click here to download the Binario_31.ex4 forex robot
Binario EA Example (EURUSD H1)
Platform: Metatrader 4
MT4 Expert advisor (EA) type: Channel trading