Envelope Rebound Trader2.0

EALegit summary — unaudited listing

Envelope Rebound Trader is a fully automated MetaTrader expert advisor implementing a mean-reversion strategy. It looks for price rebounds off the outer Envelope bands, confirmed by RSI extreme readings, with entries triggered either by an RSI 50-midline cross or by price closing back inside the band while RSI remains in the extreme zone. It holds one trade at a time with a fixed lot size, uses ATR-based stop loss and take profit, an optional ATR trailing stop, plus margin, spread, and session filters. It explicitly avoids grid, martingale, and position averaging, and works on any symbol and timeframe (default H1), with Forex majors, Gold, and major indices suggested as starting points.