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SPD Envelopes Scalper

This Expert Advisor is based on a scalping strategy that uses Moving Average Envelopes Indicator.

The Moving Average Envelopes indicator reflects the price overbought or oversold conditions, which help to identify the entry or exit points as well as possible trend break-downs. The moving average envelopes consist of an upper envelope placed above, and a lower envelope placed below. The distance between the moving average envelopes or the width of the bands/channels based on the volatility measure.

If the price rises above the upper envelope and then closes back down inside the envelope indicates a signal to sell. Likewise, when the price falls below the lower envelope and closes back inside the envelope, it indicates a buy signal.


Key Features

  • Timeframe: M5,M15
  • Currency pairs: EURUSD
  • Initial deposit: $ 1000 up or recommended $ 3000
  • Use an average position algorithm
  • Use only five-digit accounts
  • It is recommended to use very low spread ECN Broker, VPS (Virtual Private Server) is required for faster connections to send orders


Parameters

  • MagicNumber - Magic number to set the ID for each EA
  • Lots - initial lot size
  • UseLotsize - set as Auto_Lots or Fixed_Lots
  • Multiplier - previous lot size will multiplied
  • Initial_TP - initial take profit value in points
  • MaxSpread - maximum allowable spread value in points
  • Slippage - slippage in points
  • UseBreakeven - set as true or false
    • BE_FIXED - move your stop loss to breakeven point when you get profitable
  • Drawdown Percent Settings
    • ClosePending - set as true or false
    • DDPercent - set the percentage to cut off the loss, % drawdown
    • MaxSlippage - maximum allowable slippage in points
  • Variable_Settings - use default or change values of variables by optimizing
    • UseParameters - set as Default or Input
      • Default - set parameters for automatically
      • Input - enter the parameter value
        • Env_Period - moving average period
        • Env_Method - moving average method, ENUM_MA_METHOD
          • enumeration values (0 - MODE_SMA, 1 - MODE_EMA, 2 - MODE_SMMA, 3 - MODE_LWMA)
        • Env_Shift - moving average shift
        • Env_Price - applied price, ENUM_APPLIED_PRICE
          • enumeration values (0 - PRICE_CLOSE, 1 - PRICE_OPEN, 2 - PRICE_HIGH, 3 - PRICE_LOW, 4 - PRICE_MEDIAN, 5 - PRICE_TYPICAL, 6 - PRICE_WEIGHTED)
        • Env_Dev - deviation (in percents)
  • News Filter Settings
    • URL_News - http://ec.forexprostools.com
    • NewsSymbol - Set true = download news for only currency on chart or false = download news for all currencies on chart
    • BrokerGMTOffset - Your Broker GMT Offset
    • LowVolatilityNews - Set true or false for Low Volatility News filter
    • ModerateVolatilityNews - Set true or false for Moderate Volatility News filter
    • HighVolatilityNews - Set true or false for High Volatility News filter
    • NonfarmPayrollsNews - Set true or false for Nonfarm Payrolls News filter
    • StopBeforeLowNews - Set minutes for Stop Before Low News
    • StopAfterLowNews - Set minutes for Stop After Low News
    • StopBeforeModerateNews - Set minutes for Stop Before Moderate News
    • StopAfterModerateNews - Set minutes for Stop After Moderate News
    • StopBeforeHighNews - Set minutes for Stop Before High News
    • StopAfterHighNews - Set minutes for Stop After High News
    • StopBeforeNFPNews - Set minutes for Stop Before Nonfarm Payrolls News
    • StopAfterNFPNews - Set minutes for Stop After Nonfarm Payrolls News
    • CloseAllOrdersBeforeNews - Set true or false for Close All Orders Before News
    • DrawNewsLines - Set true or false for drawing the news lines
    • LowColor - Set color for Low Volatility News filter
    • ModerateColor - Set color for Moderate Volatility News filter
    • HighColor - Set color for High Volatility News filter
  • Day Of Week Filter Function:
    • StartTradeTime - Set time to start trading
    • EndTradeTime - Set time to end trading
    • TradeFriday_Mode - Set ON/OFF for Friday trading
      • start_time - Start trading hour on Friday 
      • end_time - End trading hour on Friday
  • Display Settings - apply default or change display position
    • Top - distance from the top
    • Left - distance from the left
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GOLD EAGLE  is a swing strategy ideal for a flat market, which takes up to 80-90% of the time. The GOLD EAGLE EA is optimized for the XAUUSD (GOLD) pair. This is a trend scalping strategy using the TrendLine PRO indicator as an input signal. The EA opens the first order at the signal of the indicator and fixes the profit at a given level, but if the price does not reach the profit and rolls back, an additional order automatically opens averaging the level of the total profit making it closer t
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RSI Divergence Trader
RSI Divergence Trader
Bogdan Ilie Talpos
Try the default settings on M5 - EURUSD, EURCAD, EURAUD; M15 - USDJPY Monitoring Signal with default settings:  https://www.mql5.com/en/signals/1113703  Monitoring Signal with more aggressive settings:  https://www.mql5.com/en/signals/1160841 Recommended broker:  IC Markets   Recommended account: 1:500 leverage, low spread (ECN), minimum 500$ ================================================================================================ I believe that the RSI is the best indicator out there an
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The Grail Gold
The Grail Gold
Antonis Michos
-35 OFF  If you have bought ANY of my Products then you are ELIGIBLE TO JOIN the Private group !!! TELEGRAM group: send me message to add you to our community PRIVATE GROUP(unfortunately there are a lot of scammers to public ones...) IMPORTANT: DUE to massive data used for generating positions,testing will be very very slow. The Grail Gold is a complex neural network system using hundreds of conditions in order to generate positions.From the simpler one( oversold-overbought) to the
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PriceTracker
PriceTracker
Stanislau Siatsko
PriceTracker   is a very rapidly developing project with a huge set of strategies and various trading Logics. This is a robot that: does not use indicators, no need to optimize, no need to select parameters and adjust to the history, trades in different styles and strategies can trade any currency pair, and any trading instrument. The Lowest Price (1700$ ---> 625$) for PriceTracker EA will be frozen the   LAST 2 Days: October 22-23   |    details here >>>>> We all know that the classics of any
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Carousel Triple Correlation
Carousel Triple Correlation
Stanislau Siatsko
Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all trading in all pairs is conducted only from one chart! Insofar as this is a multicurrency EA, where the conditions of three different instruments are taken into account when opening positions, which cannot be seen and implement when testing in MT4. For testing, use the MT5 version:  https://www.mql5.com/en/ma
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Trend Line PRO EA mt4
Trend Line PRO EA mt4
Evgenii Aksenov
The Expert Advisor trades on the signals of the   Trend Line PRO   indicator Important! After buying Trend Line EA, contact me to get personal invitation in the INFINITY support chat Orders are managed automatically. The EA has a Recovery function that increases the order size if the previous trade was closed with a loss. You can use from 1 to 3 orders at the same time. The Expert Advisor fully complies with the indicator signals and FIFO rules, does not use the grid function, which allows you
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Bonanza EA
Bonanza EA
Elizaveta Erokhina
Gold Bonanza is an advanced trading system which was optimized for XAUUSD currency pair. The EA uses complicated filtering techniques to search for accurate entry and exit points. My adviser is intended for a long-term trading. It utilizes its own price action algorithms in combination with the author's indicator. Gold Bonanza is a fully automated adviser that doesn't require any special skills from you. All you need to do is just install it and the EA will do the rest for you. Check out my back
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AW Recovery EA
AW Recovery EA
Alexander Nechaev
The Expert Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one instrument. The system of automatic calculations will allow you to prepare settings in a few clicks. The use of closing losses in parts allows you to reduce losses with a smaller load of the deposit, which ensures safer work with losses, in
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Midnight Blitz MT4
Midnight Blitz MT4
Scott Fredeman
CURRENT PRICE $150.  Future price is $299...then Future price will be $499. Early Users of Midnight Blitz get the lowest price. The strategy was Back-tested Stable from 2007 to 2021 using every tick based on real ticks in MT5 using Dukascopy Real Ticks 100% tick quality. Live Testing is being compared to back-testing week by week. If the back testing resembles the live trading over the next few weeks Live Beta Testing will be complete. LIVE SIGNAL - CLICK HERE DOWNLOAD THIS DETAILED BA
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TripleHHH
TripleHHH
INREXEA LIMITED
TripleH Price up : Price will be going up. Last 2 copies for this price , next price will be 2088. Target back to 3888 . BackTest which can not see the full functions which all pairs are communicating among each others . Please watch signals : SignalMinitor   Our Ea Style :  We do not offer any trial version  We do not trust any backtest result  Please only use one EA in the same account  No .set file to make a fully Dynamic strategy to fit different brokers and currency Upgrade to the newe
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Hunting Cat Scalper
Hunting Cat Scalper
Pak Hong Poon
Hunting Cat Scalper is a fully automated trading robot on mainly USDJPY. It well identifies potential breakout levels in certain price patterns and then trades along with the breakouts.  Current price: $299 Next price when certain number of copies are sold --> $349  Live signal: Set A (stable and low floating drawdown):  https://www.mql5.com/en/signals/1039521 Set B (high win rate and growth curve):  https://www.mql5.com/en/signals/1072005 Main Features Identifies breakout levels in price patter
299 USD
Torpedo Gold
Torpedo Gold
Antonis Michos
-35 OFF  If you have bought ANY of my Products then you are ELIGIBLE TO JOIN the Private group !!! TELEGRAM group: send me message to add you to our community PRIVATE GROUP(unfortunately there are a lot of scammers to public ones...) Torpedo Gold is my new NEURAL network project using advanced parameters for finding entries such as distances,Candle sizes,candles formations,break outs in an advanced way etc. Recommendations: Only GOLD 5M chart and 15M (For lower than 5000 accoun
110 USD
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Version 2.1 2018.11.19
SPD Envelopes Scalper v2.1 Upgrade:
- Added a new parameter: TradeFriday_Mode - Set ON/OFF for Friday trading
- Added a new parameter: start_time - Start trading hour on Friday
- Added a new parameter: end_time - End trading hour on Friday
Improved time filter function:
- StartTradeTime - set time to start trading
- EndTradeTime - set time to end trading
Version 2.0 2018.05.30
SPD Envelopes Scalper v2.0 upgrade:
- Display Function:
Improved the display function.