Envelopes System

5

The Simple Envelopes forex trading strategy combines the popular envelopes indicator and two others(ATR, Trend indicator) to look for trade entry  in the direction of the major trend.


What are Moving Average Envelopes?

A moving average envelope consists of a  moving average and two other lines.

One line is above the moving average and the other line is below the moving average.

Together, these two lines form an upper and lower envelope.

Entry example: 

Upper Envelope: 14-day SMA + (14-day SMA 0 0.01)+ pips_set = open short position (TF=H1)

Lower Envelope: 14-day SMA - (14-day SMA 0.01) - pips_set = open long position (TF=H1)



Input Parameters:

input string          comment="Envelopes System";//Comment   
extern int            spread=5;//Max Spread 
input int             slippage=1;//Slippage
input int             MagicNumber=1;//Magic Number                                               
input ENUM_START      Start=3;
input string          a2a=" ";//--------> STRATEGIES <---------------------------------------
input ENUM_TIMEFRAMES TimeFrames=PERIOD_H1;//Time Frames
input int             period_env=14;//Period
input ENUM_MA_METHOD  method=MODE_SMA;//MA method
input double          deviation=0.1;//Deviation
input double          pips_set=2;//PipsSet
input string          a3=" ";//--------> FILTER <--------------------------------------- 
input ushort          atr1=200;//Max ATR (Open position if iATR(1440) < Max ATR)
input ushort          atr_n_open=8;//Min ATR (H1)
input string          a4=" ";//--------> TREND <--------------------------------------- 
extern ushort         period_trend=230;//Trend in pips. 0=Off 
input string          a5=" ";//--------> MAIN <--------------------------------------- 
input ushort          SL=400;//Stop Loss
input ushort          min_tp=15;//Min Take Profit (first position)
input ushort          max_tp=30;//Max Take Profit (first position)
extern ushort         max_grid_tp=150;//Max Grid Profit (0=off) 
extern double         tp_chart=7;//Take Profit 
input ushort          max_next_tp=40;//Max Take Profit (next positions)
input bool            swap_true=true;//TP+Swap+
input string          a6=" ";//--------> MM <---------------------------------------
extern double         Lots=0.01;//Lots
extern double         MaxLots=2;//Max Lots
input double          power=13.0;//Power
input string          a7=" ";//--------> GRID MANAGMENT <--------------------------------------- 
extern ushort         PipsStep=26;//Min PipsStep for grid
extern int            MaxTrades=12;//MaxTrades




















Reviews 1
mumeeza98
288
mumeeza98 2021.09.19 20:26 
 

Excellent EA ,optimized for the last 15 years with lot size 0.01 depending on balance ,no loss,reasonable profit,minimum DD,no fear of loosing account.I was infact,in searh of such an EA.

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Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
Iberian EA Ultimate - FX H4 is a fully automatic professional Forex expert advisor. This EA trades according to trends (NO scalping, NO martingale) This EA combines various strategies to verify the possibility of a trend and a series of global validations to give the final approval to the opening of the order Despite its complexity, detecting trends is not always the greatest difficulty, it is also necessary to know when to close the operation. In this case, the success of the EA is supported b
RiskShield Dragon   — Automated Multi-Currency Advisor Combining intelligent algorithms, robust protection mechanisms, and flexible configuration, **RiskShield Dragon** delivers consistent profits with minimal risk. --- ## Key Advantages * **Multi-Currency & Multi-Threaded**: Supports over 20 currency pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, and more) simultaneously on any timeframe. * **Minimum Deposit from 10,000**: Optimized for trading with a starting balance of 10,000 account uni
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The Forex grid trading strategy is a technique that seeks to make a profit on the natural movement of the market. The robot is designed to trade on GBPUSD, but can also trade on other pairs. EA has the advantage of simplicity and a unique position enhancer. What is important. Positions are opened at the close of the candle.  Input parameters: Start   Trend in pips. Comment; Max Spread (Digits 5) Slippage Magic Number  Stop Loss Take Profit (first position)  Average Take Profit  PipsStep for gri
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Nimitz-type expert. Simply atomic. I am an automated trading geek but I think the future for me is hybrid trading. I think hybrid commerce has a huge future. While many grid traders finish up with huge drawdowns, I don't believe it is inevitable. Of course, risks are and always will be. Many of my testing and investigation suggests that grid (position averaging) trading is possible with consistently very modest drawdown. If achieved, this then makes grid trading a very attractive proposition. Ma
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A real girder with "blood and bones". Virtual Bot  will open virtual trades, using them to monitor the market to determine the entry point(according to the inputs parameters), at which point Virtual Bot  will start opening real trades.    It is recommended to test this Expert on demo account or cent account.  Input Parameters input group           "..........Choice..........." ;         input start_enum      start= 2 ; //Start input uchar            starting_real_orders= 4 ; //Start opening rea
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Katana FX Infinity uses a newly developed innovative technology involving a "smart multiplier". Simply put, Katana intelligently selects the size of the positions It works best on EURUSD, GBPUSD, EURCHF, USDCAD, AUDCAD but can be traded on virtually any chart. Katana FX Infinity is a middle-term trend advisor working best on TF H1 with the usage of the price channel. Like all my EA, it undergoes rigorous testing. He works on a real account and is constantly being improved. I have been creating
Black Horse MT5
Szymon Palczynski
Rediscover trading. The future of Forex is intuitive hybrids. Hello, my name is Szymon, I am a professional algorithm developer for trading on financial markets forex. Working experience in finance and programming for more than 10 years. I specialize in grid systems and martingale. Black Horse EA is an automated forex robot (this is not your usual grid or martingale). This EA trades based on the breakout of price levels (according to the mathematical algorithm, it determines the area of ​​a rang
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mumeeza98
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mumeeza98 2021.09.19 20:26 
 

Excellent EA ,optimized for the last 15 years with lot size 0.01 depending on balance ,no loss,reasonable profit,minimum DD,no fear of loosing account.I was infact,in searh of such an EA.

Szymon Palczynski
17262
Reply from developer Szymon Palczynski 2021.09.20 10:07
Thank you for the review.
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