MT5 Expert Advisor (EA) – Fully Automated Trading Bot

Pair: XAUUSD
Timeframe: M1
Platform: MetaTrader 5

Project Overview

I need a fully automated MT5 Expert Advisor (EA) that trades XAUUSD on the M1 timeframe using a combination of RSI Divergence and 5 EMA trend filter. The EA should handle trade execution, risk management, and position management automatically, without manual intervention.

Trading Strategy Logic

1. Indicators

• RSI Divergence

  • Logic similar to common TradingView RSI Divergence indicators

  • Detect bullish divergence and bearish divergence

• 5 EMA

  • Used as a trend/filter condition

2. Buy Conditions

• Bullish RSI divergence is confirmed

• Price is above 5 EMA

• Entry on candle close confirmation

3. Sell Conditions

• Bearish RSI divergence is confirmed

• Price is below 5 EMA

• Entry on candle close confirmation

Risk & Trade Management

• Fixed or percentage-based risk per trade (input parameter)

• Automatic lot size calculation based on risk

• Configurable Stop Loss and Take Profit

• Option for Risk:Reward = 1:1 (input-based

• No martingale, no grid

General Requirements

• Fully automated (24/5 operation)

• Clean, well-structured MQL5 code

• All key values should be input parameters

  • RSI period

  • EMA period (default 5)

  • Risk %

  • SL / TP

• No repainting logic

• Must work smoothly on M1 XAUUSD

Deliverables

• MT5 Expert Advisor (.ex5 + source code if possible)

• Instructions on how to install and use

• Basic backtest / explanation of logic

Optional (Nice to Have)

• Trading time filter (London / NY sessions)

• News filter (optional)

• Simple on-chart stats (win/loss, RR, trades count)

Important Note

This EA must strictly follow the defined strategy and should not add extra filters or logic unless discussed.