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Name: EA Envelopes
Version: Latest Version
Developer by: Zafar Iqbal Sheraslam
The Right Platform: Meta Trader 4 (MT4)
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EA Envelopes MT4 is an automated trading system built around the Moving Average Envelopes indicator, a classic yet highly effective tool for identifying trend direction, overbought/oversold conditions, and high-probability entry zones.
By dynamically tracking price deviations around a moving average, the Expert Advisor (EA) captures market rhythm while filtering out short-term noise.
This approach is widely used by professional traders due to its clarity, adaptability, and consistency across market conditions.
Trend Detection Engine
Automatically identifies bullish and bearish trends based on price interaction with the envelope bands.
Overbought & Oversold Recognition
Detects extreme price deviations to anticipate pullbacks or reversals with higher accuracy.
Adaptive Envelope Settings
Envelope width adjusts to volatility, allowing the EA to perform in both ranging and trending markets.
Automated Trade Execution
Executes buy and sell orders without emotional interference, ensuring disciplined trading.
Risk Management Integration
Uses predefined Stop Loss and Take Profit levels to protect capital and maintain consistency.
Buy Setup:
Price touches or breaks below the lower envelope and shows recovery toward the moving average.
Sell Setup:
Price reaches or exceeds the upper envelope and begins to lose bullish momentum.
Trend Confirmation:
Trades aligned with the dominant trend have priority, reducing false signals.
Exit Strategy:
Positions are closed near the opposite envelope or at predefined profit targets.
This strategy is particularly effective on Forex, Gold, Indices, and Crypto markets, where price naturally oscillates around its mean.
✔ Based on a time-tested professional indicator
✔ Clear, logical, and transparent trading rules
✔ Works well in both trending and ranging markets
✔ Eliminates emotional decision-making
✔ Suitable for beginners and experienced traders alike
✔ Easy to optimize and backtest on MT4
The EA Envelopes demonstrated solid and realistic performance during its backtest period, reflecting a balanced approach between profitability and risk control. Operating with a classical envelope-based trading logic, the system executed a high number of trades while maintaining consistent capital growth and acceptable drawdown levels. The results highlight a strategy focused on market structure rather than aggressive risk-taking, making it suitable for disciplined traders seeking steady performance.

| Name | Fit |
|---|---|
| Trading platform | Meta Trader 4 (MT4) |
| Time frames | Any |
| Currency pairs | Any |
| Min / Recommended deposit | $10 000 |
| Min / Recommended leverage | Any |
| VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗