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Moving Average Envelope tfmt4

The Moving Average Envelope system has an entry based on the price breaking out of an upper or lower envelope created by a percentage of a simple moving average. As the price breaks out of the envelope, this EA opens a new position to catch a trend if the price continues to move. The SMA in the middle of the envelopes is used as a trailing exit when the price reaches it. Note that the envelopes must be set for each timeframe and symbol as they are not dynamic to set the correct envelope range around the price. Use our free Moving Average Envelope indicator on your chart to find the appropriate percentage for your chart.

Note: The default input values are not optimized. Demo the EA and adjust the inputs to find the optimized combination for your risk tolerance and to maximize profitability. Trend Following systems are designed around long term probabilities. Although Trend Following systems have lower win rates, profitability comes from large trends as Trend Following cuts losses short and lets winners run. Test on a portfolio of symbols as profits from trending symbols will offset the small losses and provide profits when other symbols are not trending.

Entries and Pyramiding:

Entries occur when the price exceeds the upper or lower envelopes. The EA adds the position as soon as the price goes above the upper envelope or below the lower envelope and does not wait until the following bar. If you set the Max_Units input above 1, additional entries will occur and pyramid in ATR increments specified by the ATR_between_Pyramids input.

Exits:

Exits are trailing with the simple moving average in the middle of the Moving Average Envelopes. For long positions, the EA exits when the price reaches or goes below the moving average. For short positions, the EA exits when the price reaches or goes above the moving average.

Position Sizing and Stops:

This EA calculates the position sizing using the Percent Volatility method which is directly tied to the stop. The stop uses the ATR_Periods and Stop_Range_ATR inputs to calculate the ATR and then multiply the two values to set the stop distance from the entry price. Stops are not coded into the position but this EA closes out the position if the price reaches the stop value. As additional units are added through pyramiding, the stop moves to correspond to the latest entry price. Using the stop value, the Risk_Percent input, and your account information (tick size, lot size, digits, etc.), the position sizing uses the monetary value of the distance from entry to stop and keeps the number of lots limited to the percentage you specify.

Inputs:

  • MA_Periods: The number of bars used to create the simple moving average in the middle of the envelopes.
  • Envelope_Percent: The percentage of the moving average to add to the moving average to create the upper and lower moving average envelopes/bands.
  • Risk_Percent: The percent risked per position if the price reaches the stop. Example: If you want 2% of your equity to be risked per position, enter 2 to this input.
  • ATR_Periods: The number of bars to use in the ATR calculation.
  • Stop_Range_ATR: This value will be multiplied by the ATR to determine where the stop will be from the entry price. Example: If you want your stop to be set at 2* ATR from the price, enter 2 to this input.
  • Max_Units: The maximum number of entries (including the initial entry) as the position gains profits and the EA adds pyramid positions.
  • ATR_between_Pyramids: This value will be multiplied by the ATR to use for calculating when to add the next position through pyramiding. Example: Set this to 1.5 and the next pyramid position would be added when the price reaches your entry plus ( 1.5 * ATR ) for long positions or entry minus ( 1.5 * ATR ) for short positions.
  • Slippage: Amount of allowable slippage when entering position.
  • Reduction_Percent: Enter an amount by which to reduce your equity for the position sizing calculation. Example: If you are in a drawdown period you can enter 20 to this input and the position size will be 20% less than without the reduction. The position sizing calculation would treat your equity as 80% of what it really is to lower your risk until the drawdown is over.
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My telegram channel:   https://t.me/new_signals My telegram contact:  https://t.me/ PAVELUDO Discussion group:  https://t.me/LittleCrazyEA My WeChat ID: PavelUdo LittleCrazy MT4 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $200. Timeframe: M15 Currency pairs: AUDNZD, NZDCAD, AUDCAD LIVE Signal: LittleeCrazyWay
187 USD
Hippo Trader Pro
Hippo Trader Pro
Michela Russo
30% discount only today (299 -> 199) Hippo Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian and European Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Another EA ! (All future updates included) -> To Recei
199 USD
Aura Turbo
Aura Turbo
Stanislav Tomilov
Price: $399 1 of 10 copies left at this price Next price $499 Real Monitoring    https://www.mql5.com/en/signals/984822          >>>>   Settings file with a Stop Loss   Signal MT4  https://www.mql5.com/en/signals/954082   Signal MT5   https://www.mql5.com/en/signals/1024756 Telegram channel:  https://t.me/aura_gold_ea Aura turbo is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of c
399 USD
Klondike EA
Klondike EA
Dmitrii Golubev
Telegram channel:  https://t.me/Successful_Forex_EA ====>  Live Signal Conservative risk:   https://www.mql5.com/en/signals/954865 ====>  Live Signal Aggressive risk: https://www.mql5.com/en/signals/1020067?source=Site+Signals+My ====>  Live Signal Real Money: https://www.mql5.com/en/signals/970517?source=Site+Signals+My ====> Best Recommended Broker: http://icmarkets.com/?camp=58357 ====> Recommended Broker: https://gobymylink.com/?cpa_partner_id=12655487
349 USD
EA Prime Trend
EA Prime Trend
Vitali Vasilenka
Anger conquers fear p.s Thomas Shelby    LAST 1 OUT OF 10 COPIES AT  $14 9  Next price will be $249. A unique indicator for trend trading, filtering and all the necessary functions in one tool!   The intelligent algorithm of the Prime Trend indicator accurately detects the trend, filters out market noise and generates entry and exit signals. The indicator has built-in functions for setting 2 levels of take profit (for displaying the direction of the trend and calculating profit in t
149 USD
North East Way EA
North East Way EA
PAVEL UDOVICHENKO
ONLY 7 COPIES OUT OF 10 LEFT AT $4274 ! After that, the price will be raised to $5342. My channel:   https://t.me/new_signals My contact:  https://t.me/ PAVELUDO North East Way EA  it is a fully automated “pullback” trading system, which is especially effective in trading on popular “ pullback ” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading - the return of the price after a sharp movement in any direction. Timeframe: M15 Base currenc
4 273 USD
Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. The EA draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the rever
199 USD
Trend Line GRID mt4
Trend Line GRID mt4
Evgenii Aksenov
This super Expert Advisor has earned more than 565% of real profit, which is confirmed by a Real signal and continues to consistently bring profit for me and its buyers! We have kept the price low and have been improving TL GRID EA f or a very long time   Today, we have 3 copies left at the price of $199 !!! Next price $249     User's Manual:   here           Live signals:     here            Our programs :  here            Subscribe to our  Telegram This is a grid EA ba
199 USD
Mr Fibonacci Robot
Mr Fibonacci Robot
Mohammadhossein Yoosefiizad
️️️️️   Mr Fibonacci Robot Mix Ichimoku And ADX ️️️️️  Best time frame M5 .  Change Lot Size to 0.01 for Martingale Mode.  Manual PDF of Robot This Is a a full feature pro version - You can enjoy free version   HERE  OR   HERE ️️️️️   Dear friends who bought our robot, please update to the new version.  ️️️️️  ️️ GOLD SET FILE HERE ️️ New Set file for Currency pairs and GOLD HERE .Comment #15 Free trial for one month If you need help : My WhatsUp
325 USD
Matrix EA
Matrix EA
Nguyen Van Tuyen
MatrixEA is a fully automatic expert built for the    EURCHF, EURAUD, USDCHF  currency pair. MatrixEA does   not use  Martingale and Grid, All Trades are covered by  StopLoss  and   TakeProfit .  MatrixEA has been tested for more than    10 years  in Strategy Tester . MatrixEA   trades in most time frames, but the suggested time frames are:  M5 , M15 **********************************************************************************************************************************************
219 USD
Fussy Logic EA
Fussy Logic EA
Alexander Sevastyanov
Fuzzy Logic EA EA is developed using custom Fussy Logic algorithm providing deep history exploring and making decision based on it. It is working on all timeframes but I advise to use it on H1 timeframe. You do not need to optimize or adjust EA inputs as it never work. Optimization is histoical fitting and will lead to losing in live trading. All you need is to select Money Management mode and choose appropriate risk level. All the rest EA will do itself. EA is observing all 28 main currency pa
150 USD
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
495 USD
Advanced Hedge MT4
Advanced Hedge MT4
Ho Tuan Thang
ONLY 3 COPIES OUT OF 10 LEFT AT $249! After that, the price will be raised to $349. LIVE Signals:  https://www.mql5.com/en/signals/1011582 LIVE Signals Mt4:  https://www.mql5.com/en/signals/1042621 Join our MQL5 Group Chat  to know when EA will be sale and actions :  https://www.mql5.com/en/messages/01443A3BA25ED701 Adavanced Hedge MT4 is an EA that work with hedge strategy. It can trade Crypto, Forex pairs, Metals, Indice but need your optimize . Fully automatic adviser, with a system for recov
249 USD
Aura Gold EA
Aura Gold EA
Stanislav Tomilov
Price: $499 4 of 10 copies left at this price Next price $599 Telegram channel:  https://t.me/aura_gold_ea Aura Gold EA  is a fully automated EA designed to trade GOLD only. It is based on machine learning cluster analysis and genetic algorithms. EA contains self-adaptive market algorithm, which uses price action patterns and standard trading indicators (CCI,ATR). Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used, no martingale, no grid, sc
499 USD
MS Pips Bot
MS Pips Bot
Sergey Magalyas
MS Pips Bot is the result of more than 3 years of market research. Have time to buy an Expert Advisor at the best prices!!! $ 99 price of the advisor only for the first 5 sales. $ 149 advisor price for 6-10 sales $ 199 price of an advisor for 11-20 sales. $ 249 advisor price for 21-30 sale. $ 299 advisor price for 31-40 sale. $ 349 price of the advisor for 41-50 sale. $ 499 from 51 sales is the final price. The Expert Advisor uses advanced entry algorithms and has built-in spread filters and in
199 USD
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Volatility Breakout tfmt4
Volatility Breakout tfmt4
GTV Holdings, LLC
Using the width between the Bollinger Bands called BandWidth, this system finds times of low volatility also known as a squeeze. It is called a squeeze because as the bands compress, they tend to expand again into higher volatility and the price can trend along the upper or lower band. This system finds low volatility and enters a new position when the price moves to the upper or lower Bollinger Bands. The SMA used to create the Bollinger Bands is used as a trailing exit. After the price follows
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ATR Envelope tfmt4
ATR Envelope tfmt4
GTV Holdings, LLC
The Average True Range Envelope system has an entry based on the price breaking out of an upper or lower envelope created by an ATR multiple around a simple moving average. As the price breaks out of the envelope, this EA opens a new position to catch a trend if the price continues to move. The SMA in the middle of the envelopes is used as a trailing exit when the price reaches it. Use our free ATR Envelope indicator on your chart to find the best ATR values when creating the ATR envelopes. Note
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Volatility Breakout tfmt5
Volatility Breakout tfmt5
GTV Holdings, LLC
Using the width between the Bollinger Bands called BandWidth, this system finds times of low volatility also known as a squeeze. It is called a squeeze because as the bands compress, they tend to expand again into higher volatility and the price can trend along the upper or lower band. This system finds low volatility and enters a new position when the price moves to the upper or lower Bollinger Bands. The SMA used to create the Bollinger Bands is used as a trailing exit. After the price follows
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Triple Moving Average tfmt4
Triple Moving Average tfmt4
GTV Holdings, LLC
Using three moving averages, this Expert Advisor opens positions when all 3 MAs are moving in the same direction. As the fastest moving average crosses back, the EA exits the positions. You can choose moving averages with fewer bars to catch shorter term trends or lengthen the number of bars in the moving averages to catch longer term trends. Note: The default input values are not optimized. Demo the EA and adjust the inputs to find the optimized combination for your risk tolerance and to maximi
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Donchian Price Channels tfmt4
Donchian Price Channels tfmt4
GTV Holdings, LLC
Price Channels are also known as Donchian Channels being named after Richard Donchian.  They use the highest and lowest price of a set number of periods to create an upper and lower channel or envelope around the price. The upper channel shows the high of the number of periods chosen. The lower channel shows the low of the number of periods chosen. For example, the screenshot shows the Price Channels using 20 periods. The upper channel in the screenshot shows the highest high of the previous 20
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ATR Envelopes tfmt5
ATR Envelopes tfmt5
GTV Holdings, LLC
ATR Envelopes use a multiple of the Average True Range and add an upper envelope line and lower envelope line around a moving average. ATR Envelopes are also known as ATR Channels. Typical use is to indicate when the price breaks out of the envelope as the ATR measures volatility. Way of the Turtle by Curtis Faith uses this type of indicator as it shows tests of an ATR Channel Breakout trend following system. You can change the moving average period, the Average True Range period, and the number
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Percent b Bollinger BandWidth tfmt5
Percent b Bollinger BandWidth tfmt5
GTV Holdings, LLC
%b shows you as a percentage where the last price is in relation to the lower and upper Bollinger Bands. If the price is at the moving average line, %b will show on the secondary chart window as a value of 50 which is 50% between the bands. %b can be a negative value (below the lower band) or above 100 (above the upper band) when the price is outside of the bands. This indicator also includes an upper line and lower line that you can specify. By default these are set at 0 and 100 for the 0% and
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Percent Volatility Position Size tfmt5
Percent Volatility Position Size tfmt5
GTV Holdings, LLC
This indicator uses the chart information and your inputs to display the lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation. You can use this indicator to learn more about a better position size calculation than a fixed lot system. The indicator adds text directly to the chart to show you the current position size calculation, the risk % input, the ATR Range input, the ATR value from the prior bar, the account equity at r
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Bollinger BandWidth tfmt5
Bollinger BandWidth tfmt5
GTV Holdings, LLC
The Bollinger BandWidth is the numerical difference between the value of the upper Bollinger Band and the lower Bollinger Band. As volatility increases and the Bollinger Bands get wider, the BandWidth indicator value will increase. As volatility decreases and the Bollinger Bands get closer, the BandWidth indicator value will decrease. The BandWidth indicator helps show volatility as it increases and decreases. Typical use is to find times of low volatility that start to breakout as the price mov
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Donchian Price Channels tfmt5
Donchian Price Channels tfmt5
GTV Holdings, LLC
Price Channels are also known as Donchian Channels being named after Richard Donchian.  They use the highest and lowest price of a set number of periods to create an upper and lower channel or envelope around the price. The upper channel shows the high of the number of periods chosen. The lower channel shows the low of the number of periods chosen. For example, the screenshot shows the Price Channels using 20 periods. The upper channel in the screenshot shows the highest high of the previous 20
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Bollinger BandWidth tfmt4
Bollinger BandWidth tfmt4
GTV Holdings, LLC
The Bollinger BandWidth is the numerical difference between the value of the upper Bollinger Band and the lower Bollinger Band. As volatility increases and the Bollinger Bands get wider, the BandWidth indicator value will increase. As volatility decreases and the Bollinger Bands get closer, the BandWidth indicator value will decrease. The BandWidth indicator helps show volatility as it increases and decreases. Typical use is to find times of low volatility that start to breakout as the price mov
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BandWidth Squeeze tfmt4
BandWidth Squeeze tfmt4
GTV Holdings, LLC
This indicator lets you customize your own squeeze criteria to see when the Bollinger Bands squeeze and when the bands start expanding again. BandWidth is the numerical difference between the upper and lower Bollinger Bands. This indicator shows the BandWidth line and a squeeze or threshold line that is the lowest BandWidth plus a percentage you specify. The squeeze line is in yellow. The BandWidth that is below the squeeze line is in green and the BandWidth that is above the squeeze line is in
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Percent b Bollinger BandWidth tfmt4
Percent b Bollinger BandWidth tfmt4
GTV Holdings, LLC
%b shows you as a percentage where the last price is in relation to the lower and upper Bollinger Bands. If the price is at the moving average line, %b will show on the secondary chart window as a value of 50 which is 50% between the bands. %b can be a negative value (below the lower band) or above 100 (above the upper band) when the price is outside of the bands. This indicator also includes an upper line and lower line that you can specify. By default these are set at 0 and 100 for the 0% and
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ATR Envelopes tfmt4
ATR Envelopes tfmt4
GTV Holdings, LLC
ATR Envelopes use a multiple of the Average True Range and add an upper envelope line and lower envelope line around a moving average. ATR Envelopes are also known as ATR Channels. Typical use is to indicate when the price breaks out of the envelope as the ATR measures volatility. Way of the Turtle by Curtis Faith uses this type of indicator as it shows tests of an ATR Channel Breakout trend following system. You can change the moving average period, the Average True Range period, and the number
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ATR Squeeze tfmt4
ATR Squeeze tfmt4
GTV Holdings, LLC
This indicator lets you customize your own squeeze criteria to see when the ATR shows low volatility to a squeeze situation and when the ATR begins to show high volatility. This indicator shows the ATR line and a squeeze or threshold line that is the lowest ATR plus a percentage you specify. The squeeze line is in yellow. The ATR that is below the squeeze line is in green and the ATR that is above the squeeze line is in red. As you calculate your squeeze line, you can use this indicator to see w
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Moving Average Envelopes tfmt5
Moving Average Envelopes tfmt5
GTV Holdings, LLC
Moving Average Envelopes use a percentage of a simple moving average to create an upper and lower envelope around the moving average. Using the middle moving average value, the chosen percentage from the input is multiplied by the MA value to add upper and lower envelopes. As the MA value is different among markets and currency pairs, you must manually adjust the chosen percentage for each chart. If you do not see the envelopes on a chart, change the percentage to a smaller value until you see t
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ATR Squeeze tfmt5
ATR Squeeze tfmt5
GTV Holdings, LLC
This indicator lets you customize your own squeeze criteria to see when the ATR shows low volatility to a squeeze situation and when the ATR begins to show high volatility. This indicator shows the ATR line and a squeeze or threshold line that is the lowest ATR plus a percentage you specify. The squeeze line is in yellow. The ATR that is below the squeeze line is in green and the ATR that is above the squeeze line is in red. As you calculate your squeeze line, you can use this indicator to see w
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BandWidth Squeeze tfmt5
BandWidth Squeeze tfmt5
GTV Holdings, LLC
This indicator lets you customize your own squeeze criteria to see when the Bollinger Bands squeeze and when the bands start expanding again. BandWidth is the numerical difference between the upper and lower Bollinger Bands. This indicator shows the BandWidth line and a squeeze or threshold line that is the lowest BandWidth plus a percentage you specify. The squeeze line is in yellow. The BandWidth that is below the squeeze line is in green and the BandWidth that is above the squeeze line is in
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Markets Money Position Size tfmt5
Markets Money Position Size tfmt5
GTV Holdings, LLC
This indicator uses the chart information and your inputs to display a calculated lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation and splits your account equity into two parts, each having its own risk percentage. The concept behind "Market's Money" is using a lower risk percentage for your base account equity and then using a higher risk percentage for any equity above your base equity. This lets you potentially grow
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Percent Volatility Position Size tfmt4
Percent Volatility Position Size tfmt4
GTV Holdings, LLC
This indicator uses the chart information and your inputs to display the lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation. You can use this indicator to learn more about a better position size calculation than a fixed lot system. The indicator adds text directly to the chart to show you the current position size calculation, the risk % input, the ATR range input, the ATR value from the prior bar, the account equity at r
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Markets Money Position Size tfmt4
Markets Money Position Size tfmt4
GTV Holdings, LLC
This indicator uses the chart information and your inputs to display a calculated lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation and splits your account equity into two parts, each having its own risk percentage. The concept behind "Market's Money" is using a lower risk percentage for your base account equity and then using a higher risk percentage for any equity above your base equity. This lets you potentially grow
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Moving Average Envelopes tfmt4
Moving Average Envelopes tfmt4
GTV Holdings, LLC
Moving Average Envelopes use a percentage of a simple moving average to create an upper and lower envelope around the moving average. Using the middle moving average value, the chosen percentage from the input is multiplied by the MA value to add upper and lower envelopes. As the MA value is different among markets and currency pairs, you must manually adjust the chosen percentage for each chart. If you do not see the envelopes on a chart, change the percentage to a smaller value until you see t
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Turtle Price Channel Breakout tfmt4
Turtle Price Channel Breakout tfmt4
GTV Holdings, LLC
Made famous by the Turtles, this system is a Price Channel breakout also known as a Donchian Channel breakout. As trends develop and the price begins to make new highs or new lows, the price will break through the upper or lower price channel. The system enters and has a secondary price channel working as a trailing exit. This EA uses Percent Volatility position sizing to be able to treat any symbol or tick value the same to keep losses small with a fixed risk percentage as the lot size is calcu
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Donchian Filter tfmt4
Donchian Filter tfmt4
GTV Holdings, LLC
Similar to our Turtle EA , this system is a Price Channel or Donchian Channel breakout system that adds 2 moving averages. The moving averages help confirm the trend direction to filter out false breakouts and reduce whipsaws. Of the two moving averages, one has more bars in its calculation and the other has less bars in its calculation. Long positions are taken when the shorter MA (less bars) is above the longer MA (more bars) and the price breaks out of the upper price channel. Short positions
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Double Moving Average tfmt4
Double Moving Average tfmt4
GTV Holdings, LLC
This is a 2 moving average system that is not in the market all the time. Entries occur in the direction of the MA cross when the price closes to the outside of the faster moving average. Positions exit when the price closes back on the inside of the faster moving average. Note: The default input values are not optimized. Demo the EA and adjust the inputs to find the optimized combination for your risk tolerance and to maximize profitability. Trend Following systems are designed around long term
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Quadruple Moving Average tfmt4
Quadruple Moving Average tfmt4
GTV Holdings, LLC
Using four moving averages, this Expert Advisor opens positions when all 4 MAs are moving the same direction. As the fastest moving average crosses back, the EA exits the positions. You can choose moving averages with less bars to catch shorter term trends or lengthen the number of bars in the moving averages to catch longer term trends. By having 4 moving averages, you can work on finding the longer term trend and filtering out the market noise. Note:   The default input values are not optimize
10 USD
Turtle Price Channel Breakout tfmt5
Turtle Price Channel Breakout tfmt5
GTV Holdings, LLC
Made famous by the Turtles, this system is a Price Channel breakout also known as a Donchian Channel breakout. As trends develop and the price begins to make new highs or new lows, the price will break through the upper or lower price channel. The system enters and has a secondary price channel working as a trailing exit. This EA uses Percent Volatility position sizing to be able to treat any symbol or tick value the same to keep losses small with a fixed risk percentage as the lot size is calcu
10 USD
Donchian Filter tfmt5
Donchian Filter tfmt5
GTV Holdings, LLC
Similar to our Turtle EA , this system is a Price Channel or Donchian Channel breakout system that adds 2 moving averages. The moving averages help confirm the trend direction to filter out false breakouts and reduce whipsaws. Of the two moving averages, one has more bars in its calculation and the other has less bars in its calculation. Long positions are taken when the shorter MA (less bars) is above the longer MA (more bars) and the price breaks out of the upper price channel. Short positions
10 USD
Moving Average Envelope tfmt5
Moving Average Envelope tfmt5
GTV Holdings, LLC
The Moving Average Envelope system has an entry based on the price breaking out of an upper or lower envelope created by a percentage of a simple moving average. As the price breaks out of the envelope, this EA opens a new position to catch a trend if the price continues to move. The SMA in the middle of the envelopes is used as a trailing exit when the price reaches it. Note that the envelopes must be set for each timeframe and symbol as they are not dynamic to set the correct envelope range ar
10 USD
ATR Envelope tfmt5
ATR Envelope tfmt5
GTV Holdings, LLC
The Average True Range Envelope system has an entry based on the price breaking out of an upper or lower envelope created by an ATR multiple around a simple moving average. As the price breaks out of the envelope, this EA opens a new position to catch a trend if the price continues to move. The SMA in the middle of the envelopes is used as a trailing exit when the price reaches it. Use our free ATR Envelope indicator on your chart to find the best ATR values when creating the ATR envelopes. Note
10 USD
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