1M Envelope Scalping System - MT4/MT5 resources
I hope this will be the start of a new profitable lead. Please see attachment for rules. I believe this is a profitable mechanical approach. I've tested it briefly and I believe it will survive both short and long term. Kurka Fund helped develop the accompanying EA as a starting point. It does not follow the exact rules of the system. This post is for anyone who wants to comment, retweet, test, and have fun making money without blowing up their account. Don't over-leverage and play the system greedily.
Depending on the currency pair, 1-5 pips TP is recommended.
Anyone developing an EA would be grateful, as I don't have any experience with Mq4.
The accompanying 1MEnvelopeTools.zip file contains:
- MT4 configuration files so you can load all the charts I have
- Candle/bar end timer (indicator)
- Excel spreadsheet to calculate average entry price
- Script for entering transactions (set hotkeys for fast entry)
- Expected to develop EA
- Chart templates
The script is located in this folder:
C:\Program Files\Interbank FX Trader\experts\scripts\
Experts (EA) please visit here:
C:\Program Files\Interbank FX Trader\experts\
The template is here:
C:\Program Files\Interbank FX Trader\templates\
The profile folder is located here:
C:\Program Files\Interbank FX Trader\profiles\
The indicators are here:
C:\Program Files\Interbank FX Trader\experts\indicators\
Depending on the currency pair, 1-5 pips TP is recommended.
Anyone developing an EA would be grateful, as I don't have any experience with Mq4.
The accompanying 1MEnvelopeTools.zip file contains:
- MT4 configuration files so you can load all the charts I have
- Candle/bar end timer (indicator)
- Excel spreadsheet to calculate average entry price
- Script for entering transactions (set hotkeys for fast entry)
- Expected to develop EA
- Chart templates
The script is located in this folder:
C:\Program Files\Interbank FX Trader\experts\scripts\
Experts (EA) please visit here:
C:\Program Files\Interbank FX Trader\experts\
The template is here:
C:\Program Files\Interbank FX Trader\templates\
The profile folder is located here:
C:\Program Files\Interbank FX Trader\profiles\
The indicators are here:
C:\Program Files\Interbank FX Trader\experts\indicators\
























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