Trading Robots for MetaTrader 5

Breakout Envelopes MT5

breakout-envelopes-mt5-logo-200x200-4028
499.00 USD374.25 USD

Free updates are included

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Information

Experts
MetaTrader 5
30
Sabil Yudifera
13 December 2017
1.50
3 August 2020

Overview

The Expert Advisor identifies extreme overbought and oversold conditions in a market. Opening positions on extreme overbought conditions or extreme oversold conditions allows for getting the highest profit. If the starting position is in a loss, then the second or third position has the probability to gain big profit value. The built-in spread filter manages slippages and spread extension.

The EA does NOT use hedging, martingale, grid strategies, arbitration, etc.

The Expert Advisor works with Stop loss, The Larry Williams Percent Range indicator, The Envelopes indicator and Trailing Stop.

The Expert Advisor is optimized for trading on the GBPUSD, GBPJPY, EURJPY and USDJPY pair. The EA can also work on other currency pairs.


Advantages

  • Advanced Technology;
  • Good testing results with 99.9% of simulation quality.
  • No need to close the robot during news releases.
  • Money management system;
  • No martingale, no grid, no arbitrage;
  • The system can run with the brokers providing floating spread.
  • Easy to set up.


Recommendations

  • Needed 1:100 leverage as a minimum.
  • Platform: MT5;
  • Broker with fast execution.
  • VPS is recommended.
  • Five-digit accounts.


Parameters

  • TrailingStar - distance between open price and current price to start trailing.
  • TrailingStop - trailing stop.
  • TrailingStep - trailing step.
  • Stoploss - order stop loss.
  • Envelopes_Period - averaging period for calculation of the main line.
  • Envelopes_Deviation - percent deviation from the main line.
  • WPR_Period - averaging period for calculation.
  • Risk - ratio of Account Balance to trade with position sizing.
  • Magic - order magic number.
  • Slippage - permissible slippage.
  • MaxSpread - maximum value of the current spread.
  • Min_Margin_level - minimal account margin level in percentage for no transactions

7 DAY MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 7 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: fxea.market@gmail.com.

Refund requests received more than 7 days after purchase will be rejected.

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RISK WARNING: ea-forex.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.






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