Chancefxbot1

MQL5 Experts

Specification

– MA20/30/50 Alignment + MA50 Slope + Swing SL + Step Trail + News Filter
Symbol: XAUUSD
Timeframe: M5
Language: MQL5
Trading: 24/5 (no session filter)
1) Indicators (Inputs)
MA20, MA30, MA50
MA type selectable: EMA or SMA
Applied to Close
Inputs: MA periods and MA method
2) Entry Rules (Alignment + Slope)
BUY:
MA20 > MA30 > MA50
MA50 slope filter passes:
Slope = MA50(current) − MA50(10 candles ago)
Require slope ≥ SlopeMin (input, in points)
SELL:
MA20 < MA30 < MA50
MA50 slope filter passes:
Slope = MA50(current) − MA50(10 candles ago)
Require slope ≤ -SlopeMin
Trade management:
1 trade at a time (no stacking)
Optional cooldown after closing a trade (input minutes)
3) Stop Loss (Structure / Swing)
Swing lookback input N candles (default 15)
Buffer input in TradingView points (default 300 points)
BUY SL = lowest low of last N candles − buffer
SELL SL = highest high of last N candles + buffer
4) Trailing Stop (Step Trailing using TradingView points)
(TradingView points: 1 point = 0.01)
Inputs:
TrailStart = 1000 points
TrailStep = 1000 points
LockMode:
At +1000 → move SL to Entry (or Entry + BE_Offset points, input)
At +2000 → SL locks +1000
At +3000 → SL locks +2000
…continue each step
5) News Filter (Red Folder / High Impact)
EA must block new entries:
Starting 60 minutes before high-impact (“red folder”) news
Until 60 minutes after the news time
Implementation:
Use MT5 built-in Economic Calendar functions (MQL5 calendar API) to read events/importance and upcoming times. �
MQL5 +2
Apply news relevance to XAUUSD using currency filter inputs:
Default currencies to monitor: USD (optionally add EUR/GBP as inputs)
Only block for high importance events (input importance level)
Clarify: news filter should block entries only (do not force-close existing positions unless added as an optional input).
6) Risk & Safety
Fixed lot input AND Risk % input (choose one via input)
Max spread filter input (skip entries if spread too high)
Magic number input
Full logging:
Entry reasons
News block active (which event/time window)
Spread block
Trailing updates
SL calculated swing value
7) Deliverables
.mq5 source + .ex5 compiled
1 revision cycle for bug fixes
Confirm delivery time

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Project information

Budget
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Deadline
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