To create a Multi-indicator MT5 EA for XAUUSD and BTC (with RSI, RSI MA, Stoc, MA)

Specification

I have a simple EMA strategy, I need to create an MT5 EA to trade gold

  • Symbol: XAUUSD only, MT5, M15

Entry Conditions

BUY

Open one Buy when all of these conditions are true:

  1. EMA 9 crosses above EMA 21.
  2. RSI (14) is above 50.
  3. MACD Line is above the MACD Signal Line.

SELL

Open one Sell when all of these conditions are true:

  1. EMA 9 crosses below EMA 21.
  2. RSI (14) is below 50.
  3. MACD Line is below the MACD Signal Line.

Trade Management

  • Only one position can be open at a time.
  • If a BUY signal appears while a SELL is open:
    • Close the SELL immediately.
    • Open a BUY.
  • If a SELL signal appears while a BUY is open:
    • Close the BUY immediately.
    • Open a SELL.

There is no fixed Take Profit. Trades remain open until an opposite signal occurs or the trailing stop is hit.

Lot Size

  • Adjustable in the EA inputs.
  • Default example:
    • 0.01
    • 0.05
    • 0.10


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