EA based on the MT4 Envelopes default indicator

The entry price, the take profit and the stop loss, are entered by fibonacci level (percentage)

EA EAC | Envelopes Alone Candle by MRVGMX

Indicator Envelopes MT4 Default

-------------------------------------------------------Setting Panel----------------------------------------------------------

Period:                                14 (Input manual)

Shift:                                    0 (Input Manual)

MA Method:                        Simple (Choose option) (Simple, Exponential, Smoothed, Linear Weighted)

Applied Price:                    Close (Choose option) (Close, Open, High, Low, Median Price, Typical Price, Weighted Close)

Deviation:                          0.10 % (Input Manual)

--------------------------------------------Orders & Money Management--------------------------------------------

Entry at point %:                100.0 (Input Manual)

Take Profit %:                     261.8 (Input Manual)

Stop Lost %:                       -20.0 (Input Manual)

Use OCO:                            True/False (The order cancels with the next signal-order if it is not executed)

Orders limit:                       0 (Input Manual) Cero = unlimited

Money Management:          True/False

Risk:                                      2 (Input Manual)

Lot Size:                               0.01 (Input Manual)

Close by Margin Eq:        True/False (Close all orders if Margin equity its 1:1 and auto start again)

-----------------------------------------------------------Filters---------------------------------------------------------------

Use MA:                              True/False

Period:                                 200 (Input manual)

Shift:                                     0 (Input Manual)

MA Method:                     Simple (Choose option) (Simple, Exponential, Smoothed, Linear Weighted)

Applied Price:                    Close (Choose option) (Close, Open, High, Low, Median Price, Typical Price, Weighted Close)

Direction:                            Both sides (Choose option) (Booth sides, Just Buy, Just Sell)

--------------------------------------------------------Colors and Arrow---------------------------------------------------

Buy Color:                           Royale Blue (Choose option)

Sell Color:                           Tomato (Choose option)

Show Signal:                      True/False  ( Circle above/below of the candle)

Size of the signal:             2 (Input manual) (Size/Width of the signal)

--------------------------------------------------------Colors and Arrow---------------------------------------------------

Use Alert:                           True/False

Use Email:                           True/False

Use Notification:              True/False

Magic Number:                1000 (Input Manual)

Example of Message Notifications and Alerts *********************

EAC BUY EURUSD MN 2017.09.07 14:00

EP. 1.43020 - 100.0%

TP. 1.45790 - 128.0 %

SL. 1.38620 - 20.0 %

C. 1.38650 (Close Price)

Signal Rules

General Notes

·         All the orders are pending orders at close candle

·         All the order are by candle

·         Entry Point, Take Profit, Stop Lost are by Fibonacci levels, them the number could be any number or percentage, positive or negative.

SELL

1.       The candle must be above or below the two lines of the envelopes, without touching any line, solitary candle. (It does not matter if it is above the envelope or below, what matters is that its alone.)

2.       The close candle it’s a bear candle

BUY

1.       The candle must be above or below the two lines of the envelopes, without touching any line, solitary candle. (It does not matter if it is above the envelope or below, what matters is that its alone.)

2.       The close candle it’s a bull candle