The XauUsd Engulfing on H1

The XauUsd Engulfing on H1 is an EA sets to have the following conditions:

Runs on XAUUSD on H1 timeframe.

The basis in following trend, as there is a correction in the trend and an engulfing candle is formed, the EA shall take a position.

The confluence for the position taken are the price is either above (uptrend) or below (downtrend) EMA 21 and RSI 21.

The EA also has a SL+ shall the price reverse.

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SomaGold
Andrii Soma
4.83 (12)
Experts
SomaGold is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for Gold (XAUUSD). One chart, one EA, 32 independent strategies running together as a single diversified portfolio. Live Signal. This is my first published EA on MQL5. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD The price increases by 100 USD for every 10 copies sold Early buyers lock in the lowest price for the lifetime of the product. Concept Instead
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