This forex strategy is often used by professional traders to identify and follow the breakout occurring on envelopes tunnel. Its simplicity allows its use also by beginning traders. The rules are clearly stated with little, to no room for doubt or hesitation. Strategy...

Envelopes are gdrawn on the chart by applying two moving averages on high and low of price candle range. This way, we acquire information on overbought/oversold zones, but also current trend and price range.

Anatomy of envelopes forex indicator

For the best results, trad...

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