Specification
I want an EA for Gold (XAU/USD) with trend prediction and trade execution.
Timeframe: 1H and 4H
Indicators:
- 50 EMA & 200 EMA (trend)
- RSI (above 50 = bullish, below 50 = bearish)
- MACD (for momentum)
Entry Rules:
- Buy if:
- 50 EMA > 200 EMA
- RSI > 50
- MACD line > signal line
- Sell if:
- 50 EMA < 200 EMA
- RSI < 50
- MACD line < signal line
Trade Settings:
- Stop Loss: 30 pips
- Take Profit: 60 pips
- Trailing Stop: Start after 20 pips profit
- Only one trade per trend until direction changes
Risk Management:
- Lot size based on % risk per trade
- Example: 1–2% of account balance per trade
Extras:
- Trade only between 9 AM and 6 PM (broker time)
- Avoid trading during high-impact news (if possible)
- Show trend alerts and log entries/exits
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