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Envelopes RSI Scalper EA

 Envelopes & RSI Scalper EA

Introducing the Envelopes & RSI Scalper EA, a cutting-edge expert advisor designed to make precise, high-frequency trades using advanced technical indicators and smart risk management techniques.

Key Features:

Envelopes Indicator Integration:
The EA leverages the Envelopes indicator to identify optimal entry and exit points. By detecting price levels relative to moving average bands, the Envelopes indicator helps pinpoint potential breakouts and reversals, crucial for effective scalping.

RSI Confirmation:
To enhance trade accuracy, the EA incorporates the Relative Strength Index (RSI) with key levels set at 30 and 70. This helps confirm overbought and oversold conditions, ensuring trades are made during optimal market conditions.

Trailing Stop Loss:
The EA employs a dynamic trailing stop loss feature to lock in profits and minimize risk. As the trade moves in your favor, the trailing stop loss adjusts to secure gains and protect your trading capital.

How It Works:

1. Signal Generation:
   - The EA monitors the Envelopes indicator to identify potential trading opportunities when the price approaches or breaches the envelope bands.
   - The RSI is then checked to confirm the market condition. If the RSI indicates that the market is overbought (above 70) or oversold (below 30), the signal is validated for entry.

2. Trade Execution:
   - Upon confirmation of a valid signal, the EA executes the trade based on predefined settings, ensuring quick and efficient order placement critical for scalping strategies.
   - The EA automatically applies a trailing stop loss to each trade, which dynamically adjusts as the trade progresses, securing profits while limiting potential losses.

3. Risk Management:
   - Customizable settings for stop-loss, take-profit, and trailing stop loss allow you to tailor the EA's risk management to your preferences.
   - The EA is designed to handle rapid market movements, making it ideal for scalping in volatile conditions.

Why Choose Envelopes & RSI Scalper EA?

- Precision Trading:
  Combining the Envelopes indicator with RSI ensures high-precision entry and exit points, maximizing the effectiveness of your scalping strategy.
- Dynamic Risk Management:
  The trailing stop loss feature dynamically adjusts to market conditions, locking in profits and minimizing losses.
- Flexibility and Control:
  With fully customizable settings, you can adapt the EA to your specific trading style and risk tolerance.
- User-Friendly:
  Easy to set up and use, the EA is suitable for traders of all experience levels, from novices to seasoned scalpers.

Boost your scalping performance with the Envelopes & RSI Scalper EA. By combining the powerful Envelopes indicator with the RSI for confirmation and incorporating a smart trailing stop loss, this expert advisor provides a robust tool for capturing quick market movements with precision and confidence.

Get started with the Envelopes & RSI Scalper EA today and take your scalping to the next level!


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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP: Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent
Oracle MT5
Stanislav Tomilov
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Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Welcome to Dow Jones Algo EA LAUNCH PROMO: Only a few copies left at the current price! Final price: $2993.99 BONUS - BUY LIFE TIME Dow Jones Algo EA GET FREE 1 EA (limited 2 accounts) => Ask in private for more details!!! LIVE SIGNAL Dow Jones Algo EA(DJA) is an EA that uses a strategy based on the algorithm that calculates the closing prices of the 100 most recent candles across 5, 10, 15-minute, 1-hour, 4-hour, and 1-day time frames to find the best entry points. - The EA executes buy/se
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5 (1)
Aura Neuron is a distinctive Expert Advisor that continues the Aura series of trading systems. By leveraging advanced AI intelligence and cutting-edge trading strategies, Aura Neuron offers an innovative approach with excellent potential performance. Fully automated, this Expert Advisor is designed to trade currency pairs such as EURUSD and XAUUSD (GOLD). It has demonstrated consistent stability across these pairs from 1999 to 2023. The system avoids dangerous money management techniques, such a
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Lo Thi Mai Loan
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Version 1.1 2024.06.05
1. Added spread control
2. Fixed the No Trade error.
3. More code optimization.