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SPD Envelopes Scalper

This Expert Advisor is based on a scalping strategy that uses Moving Average Envelopes Indicator.

The Moving Average Envelopes indicator reflects the price overbought or oversold conditions, which help to identify the entry or exit points as well as possible trend break-downs. The moving average envelopes consist of an upper envelope placed above, and a lower envelope placed below. The distance between the moving average envelopes or the width of the bands/channels based on the volatility measure.

If the price rises above the upper envelope and then closes back down inside the envelope indicates a signal to sell. Likewise, when the price falls below the lower envelope and closes back inside the envelope, it indicates a buy signal.


Key Features

  • Timeframe: M5,M15
  • Currency pairs: EURUSD
  • Initial deposit: $ 1000 up or recommended $ 3000
  • Use an average position algorithm
  • Use only five-digit accounts
  • It is recommended to use very low spread ECN Broker, VPS (Virtual Private Server) is required for faster connections to send orders


Parameters

  • MagicNumber - Magic number to set the ID for each EA
  • Lots - initial lot size
  • UseLotsize - set as Auto_Lots or Fixed_Lots
  • Multiplier - previous lot size will multiplied
  • Initial_TP - initial take profit value in points
  • MaxSpread - maximum allowable spread value in points
  • Slippage - slippage in points
  • UseBreakeven - set as true or false
    • BE_FIXED - move your stop loss to breakeven point when you get profitable
  • Drawdown Percent Settings
    • ClosePending - set as true or false
    • DDPercent - set the percentage to cut off the loss, % drawdown
    • MaxSlippage - maximum allowable slippage in points
  • Variable_Settings - use default or change values of variables by optimizing
    • UseParameters - set as Default or Input
      • Default - set parameters for automatically
      • Input - enter the parameter value
        • Env_Period - moving average period
        • Env_Method - moving average method, ENUM_MA_METHOD
          • enumeration values (0 - MODE_SMA, 1 - MODE_EMA, 2 - MODE_SMMA, 3 - MODE_LWMA)
        • Env_Shift - moving average shift
        • Env_Price - applied price, ENUM_APPLIED_PRICE
          • enumeration values (0 - PRICE_CLOSE, 1 - PRICE_OPEN, 2 - PRICE_HIGH, 3 - PRICE_LOW, 4 - PRICE_MEDIAN, 5 - PRICE_TYPICAL, 6 - PRICE_WEIGHTED)
        • Env_Dev - deviation (in percents)
  • News Filter Settings
    • URL_News - http://ec.forexprostools.com
    • NewsSymbol - Set true = download news for only currency on chart or false = download news for all currencies on chart
    • BrokerGMTOffset - Your Broker GMT Offset
    • LowVolatilityNews - Set true or false for Low Volatility News filter
    • ModerateVolatilityNews - Set true or false for Moderate Volatility News filter
    • HighVolatilityNews - Set true or false for High Volatility News filter
    • NonfarmPayrollsNews - Set true or false for Nonfarm Payrolls News filter
    • StopBeforeLowNews - Set minutes for Stop Before Low News
    • StopAfterLowNews - Set minutes for Stop After Low News
    • StopBeforeModerateNews - Set minutes for Stop Before Moderate News
    • StopAfterModerateNews - Set minutes for Stop After Moderate News
    • StopBeforeHighNews - Set minutes for Stop Before High News
    • StopAfterHighNews - Set minutes for Stop After High News
    • StopBeforeNFPNews - Set minutes for Stop Before Nonfarm Payrolls News
    • StopAfterNFPNews - Set minutes for Stop After Nonfarm Payrolls News
    • CloseAllOrdersBeforeNews - Set true or false for Close All Orders Before News
    • DrawNewsLines - Set true or false for drawing the news lines
    • LowColor - Set color for Low Volatility News filter
    • ModerateColor - Set color for Moderate Volatility News filter
    • HighColor - Set color for High Volatility News filter
  • Day Of Week Filter Function:
    • StartTradeTime - Set time to start trading
    • EndTradeTime - Set time to end trading
    • TradeFriday_Mode - Set ON/OFF for Friday trading
      • start_time - Start trading hour on Friday 
      • end_time - End trading hour on Friday
  • Display Settings - apply default or change display position
    • Top - distance from the top
    • Left - distance from the left
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Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de trading
Future Sight MT4
Sang Sariaji Sakti
Experts
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4.65 (23)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
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Profalgo Limited
5 (2)
Experts
Promotion actuelle : Plus qu'un seul à 349$ Prix ​​final : 999$ N'oubliez pas de jeter un coup d'œil à notre «   Ultimate EA Combo Package   » sur notre   blog promotionnel   !   LIVE SIGNAL Bitcoin Scalp Pro est un système de trading unique sur le marché.  Il se concentre entièrement sur l'exploitation de la volatilité du marché Bitcoin en négociant les cassures des niveaux de support et de résistance. L'EA se concentre sur la sécurité, ce qui se traduit par des prélèvements extrêmement fa
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Abu Talha Md Mahi Uddin
5 (6)
Experts
Buy One Get one Live again.. limited time offer (Gift  gold ea aviable just in unlimit  version) Best EuroUsd EA in the market...101$ to 1040$ (940%)  in 12 months ....with 21% drawdown.. For Last 1 year real time performance :  Click here PUBLIC GROUP CHAT : Click Here EA Strategy Take scalp Positions in Higher Time Frame Trend with safe Pips Distance/ Major Pair EurUsd Then you can also use :AudUsd/GbpUsd/NzdUsd Major & Safe TF is H1 / Minor & Aggressive TF is M1 Minimum Deposit is 100$ /
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Ugochukwu Mobi
3.5 (20)
Experts
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Stanislav Tomilov
4.1 (10)
Experts
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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Stanislav Tomilov
4.67 (12)
Experts
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and advanced technologies in neural networks, EA is capable of analyzing historical and current dat
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Georgios Kalomoiropoulos
3 (1)
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Un conseiller entièrement automatisé basé sur les principes de l'offre et de la demande . Pour la première fois, nous proposons des conseillers en offre et demande entièrement automatisés . Le trading est devenu plus facile et vous avez désormais un contrôle total sur votre stratégie de trading. Utilisez un panneau de commande graphique pratique. Vous obtenez un logiciel de trading algorithmique de très haute qualité avec plus de 15 000 lignes de code. Guide de l’offre et de la demande d’EA Pr
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5 (3)
Experts
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3.8 (5)
Experts
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Paranchai Tensit
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IRobot Alligators
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IMA Recover Loss
Paranchai Tensit
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FDM Strategy
Paranchai Tensit
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SPD Parabolic Sar
Paranchai Tensit
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SPD Fractal Breakout
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SPD Money Flow Index
Paranchai Tensit
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Paranchai Tensit
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SPD HighLow Pro
Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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FX GridCash
Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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Paranchai Tensit
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NitroFX is a fully automated Expert Advisor.  NitroFX is a systematic trading system that involves planning, trading strategies, conducting multiple back tests, and collecting statistics, which will help the system to be more accurate and increase profitability. NitroFX uses effective risk management tools, Trailing stop and Breakeven point . A trailing stop is a stop that automatically adjusts to market movement. This means it will follow your position when the market moves in your favor, and
DynamicGrid
Paranchai Tensit
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Key concepts of Dynamic grid trading system -Dynamic Grid uses a simple grid basis from dynamic grid development, the number of orders that vary according to data. -Take advantage of the volatility of the product.  -Use volatility to help in zone consolidation and manage position sizes. -Trading grids according to price directions can use the advantage to adjust costs and can reduce the increase of drawdown. -Not stoploss is a zone management. -Do not need a martingale, double lot. -Can trade
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Paranchai Tensit
Experts
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Version 2.2 2021.11.18
Upgrade to the latest version
Version 2.1 2018.11.19
SPD Envelopes Scalper v2.1 Upgrade:
- Added a new parameter: TradeFriday_Mode - Set ON/OFF for Friday trading
- Added a new parameter: start_time - Start trading hour on Friday
- Added a new parameter: end_time - End trading hour on Friday
Improved time filter function:
- StartTradeTime - set time to start trading
- EndTradeTime - set time to end trading
Version 2.0 2018.05.30
SPD Envelopes Scalper v2.0 upgrade:
- Display Function:
Improved the display function.