Envelope Lateral Ea Audcad
Envelope Lateral Ea is a fully automated Forex Expert Advisor for scalping trading on AUDCAD. It operates based on Envelope indicator, and operation type is Mean Reverting.
This EA is based on Australia and Canada economy and monetary policy. We can enter in "mean reverting" in good price with this EA.
It is advised to use low spread ECN brokers with a starting balance of 50.
Do not launch this robot in other pairs, only AUDCAD is recommended. If requested, I will publish versions for other currencies.
This EA does NOT use: martingale, arbitrage, grid, fast scalping (HFT), no overfitting or other dangerous strategy.
Working timeframe: H1
I recommend only this timeframe.
- MaxSpreadPoint - max allowed spread for opening positions.
- MagicNumber - magic number, identification number for a symbol.
- StopLoss - stop loss (I recommend the default parameters).
- TakeProfit - 0.
- Equity for microlot - 10 000. By decreasing the number, you increase the risk.
- Breakeven - insert breakeven or not.
- Breakeven Point - points for an inserted breakeven.
- Breakeven value - breakeven value.
- ActiveTrailing - insert trailing.
- TrailingStop - distance of trailing stop.
- TrailingStep - step.
For other questions, please contact me!