Enveloryx GBPAUD


ENVELORYX GBPAUD H1

Emixo. Version 1.00.

Envelopes and Stochastic. Defined rules. H1 operation.

ENVELORYX combines a change in Stochastic direction with an Envelopes band crossing. It waits for both conditions and manages the trade using built-in exit rules, Stop Loss and Take Profit.

The strategy reference is GBPAUD H1. Setup focuses on four practical choices: fixed trade volume, instance identifier, entry spread limit and the Emixo panel.

Two conditions for an entry

Stochastic uses parameters 47, 9 and 21; Envelopes uses a 76-period setting and 0.62% deviation. Conditions are evaluated at the opening of a new H1 candle using the data required by the built-in rules. There is no need to add indicators to the chart or configure their parameters manually.

The EA waits for sufficient data and usable quotes. It does not target a minimum number of trades per day or week: an entry is considered only when the strategy conditions occur.

Fixed volume, chosen by you

The initial volume is 0.01 lots per entry. Entry_Amount lets you choose another fixed size, subject to broker minimum, maximum, volume step, available margin and execution conditions. Volume does not increase automatically after a loss or grow with the account balance.

Unsupported volume is not silently rounded. A lot size describes trade volume, not a percentage risk setting or a minimum capital suitable for every account.

Built-in exit rules

Exits can follow four consecutive candles with bodies of at least 28 pips in the direction required by the rule, an opposing signal, or the Stop Loss and Take Profit levels. The built-in distances are 1850 pips for Stop Loss and 209 pips for Take Profit, using the strategy's original pip units. Signal-based management can close a trade before either level is reached.

Spread, commissions, swaps, gaps and slippage affect the actual outcome. A Stop Loss cannot guarantee an execution price or an absolute maximum loss. Positions may remain open overnight or over a weekend: there is no mandatory automatic Friday close.

Four practical inputs

  • Show_Panel: show or hide the Emixo panel. Default: true. Hiding the panel does not disable the strategy.
  • Magic_Number: identify the instance. Default: 2470. Additional supported identifiers range from 30012000 to 30012999.
  • Entry_Amount: fixed volume for each new entry. Default: 0.01 lots.
  • Max_Spread: entry spread limit in broker points. Default: 50. On a five-digit Forex quote this normally corresponds to 5 pips; zero disables this filter.

Indicator settings and strategy rules are built into the EA. The input guide also explains invalid volume, insufficient margin and data that are not yet available.

Trading symbol and timeframe

ENVELORYX trades the actual host chart symbol, including the broker suffix, such as GBPAUD.r. Its operating timeframe remains H1 even when the host chart displays another period. Use GBPAUD on an H1 chart to follow the strategy's reference configuration.

A different symbol is not rejected solely because of its name, but it has different prices, volatility, contract specifications and execution conditions. Running on another market does not establish that GBPAUD results are transferable.

Restarts and management of owned trades

The product uses a single EX5 file. It does not require DLLs, WebRequest, customer-prepared startup files or a manually updated calendar. Necessary local state is created and managed automatically.

Positions, orders and manual closures, including partial or mobile closures, are reconciled against account records. When a request outcome remains uncertain, the EA waits for the required evidence before submitting a new entry to avoid duplicate exposure.

A hedging account is recommended. On a netting account, exposure on the symbol must be exclusively attributable to the strategy: mixed exposure from other EAs or manual trades is not treated as entirely owned.

Getting started

  1. Install ENVELORYX_GBPAUD_H1.ex5 in MetaTrader 5 and attach it to the selected symbol. The recommended reference is GBPAUD H1.
  2. Choose a volume suitable for the account and a dedicated Magic Number. Use one instance per account, symbol and identifier combination.
  3. Enable algorithmic trading in the terminal and in the EA properties. Keep MetaTrader running and connected for automatic management.
  4. Check the panel and Journal. After attachment or restart, the EA normally waits for the next H1 candle.

Do not change the Magic Number while positions, orders or unresolved execution outcomes remain. Do not assign the same identifier to different products or simultaneous copies on separate terminals. Account margin and limits remain shared resources.

Evaluate the strategy with your data

Examine its behaviour in the Strategy Tester and on a demo account using your broker's data, costs and execution conditions. When comparing a report, check the version, symbol, period, capital, leverage, volume, execution delay and tick model. A high-volume test preset is separate from the product's initial volume.

Risk notice

Forex trading involves the risk of losses. Historical results do not guarantee future profits. Market and execution conditions can differ from those of a test.

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