Free Breakout Envelopes

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 adviser can also work on other currency pairs.

The full version of the Expert Advisor: https://www.mql5.com/en/market/product/23457.

Free version limitations: fixed lot of 0.01.

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