Home Forex Service Review Smart Channel EA for MT4 Review

Smart Channel EA for MT4 Review


Smart Channel EA MT4 can be found on the MQL5 marketplace, it was created by Eshan Tarakemeh and was first uploaded to the marketplace on the 12th of February 2020, it has since been updated on the 8th of March 2020 and is currently at version 1.1.


Smart Channel EA MT4 is an expert advisor for the MetaTrader 4 trading platform, its main purpose is to use trend lines and advanced channels to place orders, open and close positions, manage risk per trade, spread, slippage, and trailing stops in order to take profits automatically.

The main list of features for the Smart Channel EA MT4 software:

  • Money Management (Calculate Risk-Reward ratio, Volume, profit, and loss)
  • Trend-Age-Aware Risk Management
  • Hides Stop-Loss and Take-Profit from your broker
  • Status reports through push notifications, email, and popup alerts
  • Supports both pending and instant execution order types
  • Share your channel configuration with your friends
  • Shows channel configuration errors and warnings
  • Easy adjustment graphically and numerically
  • Trailing Stop-Loss and Take-Profit
  • Spread specification table

Service Cost

The Smart Channel EA MT4 expert advisor can currently be purchased for $69, this is a discounted price, the EA will normally cost $129, this is a one-time payment that will get you up to 10 activations of the software. There is no option to rent it. There is a free demo version, but this can only be sued with the strategy tester within the MT4 platform.


At the time of writing, there are no reviews or ratings for the Smart Channel EA. This means that we do not know how popular people are finding it or whether it is doing what it is supposed to be doing. There are also no comments so we do not know whether the developer is actively supporting it after purchase. We would suggest contacting the creator with your questions, this will allow you to make sure that it will do what you need it to, and also ensure that you will receive support once it has been purchased.


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