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Metatrader 5 Indicator | Double Enevlopes (Historical Gauged) | MQL5 Release

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3. The Risk Management (Stop Loss)

  • Conversely, the kryptonite of this system is a low-volume, ranging market. If an asset is chopping sideways, the price will repeatedly poke outside the inner envelope just enough to trigger a signal, only to immediately reverse and hit your stop loss (known as whipsawing).

    Image for Double Enevlopes (Historical Gauged)

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