TrendPulse Engulf EA
- Experts
- Version: 1.0
- Activations: 5
RSI SMA Engulfing EA
RSI, SMA and Engulfing Candle Automated Trading
📊 Price Policy
-
First 20 users: 50 USD
-
Users 21–100: 200 USD
-
From 101st user on: 500 USD
📈 Strategy Summary
-
Trend Verification (SMA)
-
Price above the SMA → uptrend
-
Price below the SMA → downtrend
-
-
Momentum Filter (RSI)
-
RSI > 50 in uptrend → only BUY
-
RSI < 50 in downtrend → only SELL
-
-
Engulfing Pattern
-
Current candle body fully engulfs previous → reversal confirmed
-
-
Entry & Exit
-
EA opens when all conditions align
-
Stop-Loss = Engulfing candle’s low/high ± SLBufferPips
-
Take-Profit = (entry–stop) × RiskReward
-
🔍 Features
-
Triple confirmation: SMA + RSI + Engulfing
-
Auto-normalized lot size to broker limits
-
Isolated by single Magic Number
-
Works on any symbol and timeframe
-
Ready-to-use risk settings, no extra optimization
⚙️ Input Parameters
| Parameter | Type | Description | Default |
|---|---|---|---|
| RSIPeriod | int | RSI calculation period. | 14 |
| SMAPeriod | int | SMA period for trend detection. | 200 |
| RiskReward | double | TP/SL ratio (e.g., 2.0 = 1 pip risk for 2 pips reward). | 2.0 |
| LotSize | double | Base lot; auto-adjusted to min/max/step. | 0.1 |
| SLBufferPips | double | Extra pips beyond engulfing candle for SL. | 10 |
| InpMagicNumber | long | Unique identifier for EA orders. | 20250702 |
🚀 Setup
-
Copy RSI_SMA_Engulfing_EA.mq5 to MQL5/Experts
-
Restart MT5 or refresh in Navigator → Expert Advisors
-
Drag EA onto chart, adjust inputs
-
Enable Algo Trading
