{
  "id": 6553,
  "rank": 1132,
  "name": "Channels",
  "aka": [
    "Instantaneous Trend Line bands (generalized)"
  ],
  "family": "K",
  "subtype": "K1",
  "one_liner": "A trading system based on the account balance and the result of the last trade, using channels formed by indicators with a period of 220.",
  "market_regime": "any",
  "timeframes": [
    "H1"
  ],
  "symbols": [
    "EURUSD"
  ],
  "sessions": [
    "From hour - trading start hour; To hour - trading end hour"
  ],
  "indicators": [
    {
      "name": "Moving Average",
      "params": {
        "period": 220
      },
      "applied_to": "close"
    },
    {
      "name": "Envelope",
      "params": {
        "period": 220
      },
      "applied_to": "close"
    },
    {
      "name": "Envelope",
      "params": {
        "period": 220
      },
      "applied_to": "close"
    },
    {
      "name": "Envelope",
      "params": {
        "period": 220
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "not explicitly stated"
  ],
  "entry_short": [
    "not explicitly stated"
  ],
  "exit_rules": [
    "not explicitly stated"
  ],
  "filters": [
    "Use trade hours - enable working hours"
  ],
  "stop_loss": "Stop Loss BUY (in pips)",
  "take_profit": "Take Profit BUY (in pips)",
  "position_size": "Lots - the volume of position to open",
  "evidence_type": "source_code",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": [
    "UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score."
  ],
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/6553-channels",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/code/19971",
  "limitations": "These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms."
}