(Basic) Envelopes Trading Robot (Locked)

Take your trading to the next level with FxBotHQ’s Single Direction Grid Bot,  Envelopes bot!

Designed to help you avoid poor trade entries during sideways markets, this bot ensures trades are placed only when price aligns with the outer bounds of the Envelopes, allowing for smarter, more profitable trades.

Key Features:

• Envelopes Precision: Use the Envelopes filter to time your trades when the price reaches the upper or lower bands. This filter ensures that buy trades are placed when the price is near the lower band and sell trades when the price is near the upper band.
  
  
• Single Direction Grid Trading Logic: Customize your grid distance, lot sizes, and lot size multiplier to suit your strategy. The bot opens trades in one direction (buy or sell), scaling positions as the market moves.
  
  
• Essential Risk Management: Control your risk with built-in features like take profit, maximum open trades, and adjustable lot size multipliers, ensuring your strategy remains safe and profitable.
  
  
• Flexible Trading Hours: Set your preferred trading hours, and the bot will only trade within your chosen timeframe, keeping your strategy aligned with your schedule.

The Perfect Starter Bot with Range-Based Filtering: FxBotHQ’s Single Direction Grid Bot with Envelopes filtering is ideal for traders who want to align their trades with price extremes. The Envelopes filter ensures trades are placed when price reaches significant upper and lower bands, while the grid system allows for easy customization and profit capture.

FxBook Links:

These links showcase the bot's performance using its default underlying strategies without any additional indicators. By incorporating the indicators, you can further enhance and improve the bot's overall performance.

• FxBook 1: View here
• FxBook 2: View here

FxBotHQ – Your Home for Trading Bots, Source Code, and Development!

At FxBotHQ, we provide more than just powerful trading bots. We offer a comprehensive platform where you can explore pre-built robots, source code, and development tools. Our endless strategies are available for you to buy, take, or rebrand. Want to go deeper? Join our AI Builders Program and learn how to adapt, tweak, and create your own bots to match your unique trading style.

Why FxBotHQ?

• Simple & Effective: Our bots are designed to simplify automated trading, making it easy for both beginners and experienced traders to get started.
  
  
• Full Customization: Personalize your trading strategies or modify bots using our resources. FxBotHQ offers endless strategies to match your needs.
  
  
• AI Builders Program: Take your trading to the next level by learning how to build and adapt bots with our AI Builders Program.

Disclaimer: FxBotHQ is for educational purposes only. Trading involves risk, and you should only trade with capital you can afford to lose. Always test bots on a demo account before live trading, and consult a licensed financial advisor before making any investment decisions!