Specification
I need an Expert Advisor for MetaTrader 5 that trades XAUUSD based on a price action strategy.
Strategy Rules (BUY):
- Time Filter: Only trades between 08:00 and 11:30 EST
- RSI(14) shows bullish divergence (price makes lower low, RSI makes higher low)
- 15M Bullish Engulfing Candle
- Price must break below support zone and re-enter the zone within last 10 bars
- ATR(14)-based Stop Loss = 1.5x ATR
- Take Profit = 2.5x ATR
- Set Breakeven at +1R
- Trail SL with 21 EMA after 1.5R
SELL:
- Same rules reversed (bearish divergence, bearish engulfing, resistance zone)
Risk/Protection Features:
- Max 1 trade per session
- Risk per trade (% of balance – user input)
- Daily loss lockout (bot stops if 2% loss is hit)
- Optional daily win lockout
I will test this on a prop-firm-like environment (MyFundedFX, etc.)
Budget is $100 flat
Clean code, well-commented. Deliver .ex5 and optionally .mq5 if possible.
Price:
$100
Deadline:
1-3 days
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