Xauusd GOLD DailyLevelEngulfEntry
- Experts
- Version: 4.37
- Activations: 10
DailyLevelEngulfEntry (DLE) EA
DailyLevelEngulfEntry is a fully automated Expert Advisor for MetaTrader 5 built around disciplined market structure analysis, breakout validation, and price-action confirmation. The system is designed to operate with controlled exposure, selective entries, and structured trade management.
The EA processes higher-timeframe conditions first, then applies lower-timeframe confirmation before execution. This layered approach helps reduce low-quality signals and keeps trading activity focused on validated market opportunities.
Core Characteristics
- Multi-timeframe architecture with directional filtering and confirmation logic.
- Selective trade execution to avoid excessive market participation.
- Adaptive lot sizing based on account conditions and drawdown state.
- Built-in capital protection with configurable risk limits.
- Automatic breakeven and trailing stop management for open positions.
- Live dashboard for monitoring performance, status, and active filters.
- Compatible with standard MT5 broker execution environments.
- Suitable for forex majors and XAUUSD.
Recommended Settings
The following parameter set is extracted from the tester input configuration section and presented here as a clean reference block.
| Group | Parameter | Value |
|---|---|---|
| CORE | InpMagic | 26062101 |
| CORE | InpSlippagePoints | 20 |
| CORE | InpOneTradePerDay | true |
| CORE | InpShowDebug | false |
| CORE | InpSignalTF | 5 |
| D1 FILTERS | InpUseTrendFilter | true |
| D1 FILTERS | InpEMAPeriod | 200 |
| D1 FILTERS | InpUseD1BodyFilter | true |
| D1 FILTERS | InpMinD1BodyPips | 200.0 |
| D1 FILTERS | InpUseInsideBarFilter | true |
| D1 FILTERS | InpUsePrevDayDirectionFilter | true |
| D1 FILTERS | InpUseD1BreakSyncFilter | true |
| M5 CANDLE QUALITY | InpMinBreakBodyPips | 200.0 |
| M5 CANDLE QUALITY | InpMinEngulfBodyPips | 200.0 |
| M5 CANDLE QUALITY | InpMinEngulfBodyRatio | 0.65 |
| TP / RR | InpMinRR | 2.0 |
| TP / RR | InpMaxRR | 5.0 |
| TP / RR | InpTPSwingLookback | 80 |
| TP / RR | InpSwingStrength | 5 |
| LOT SIZING | InpUseAutoLot | true |
| LOT SIZING | InpFixedLots | 0.10 |
| LOT SIZING | InpBaseBalanceFor001 | 10 |
| LOT SIZING | InpLotMultiplier | 1.0 |
| LOT SIZING | InpMaxLotCap | 5.0 |
| LOT SIZING | InpUseDDLotMultiplier | true |
| LOT SIZING | InpDDLotMultiplierStepPct | 10.0 |
| LOT SIZING | InpDDLotMultiplierPerStep | 0.9 |
| LOT SIZING | InpMinDDLotMultiplier | 0.5 |
| RISK | InpMaxSLUsdPer001Lot | 5.0 |
| EXTRA FILTERS | InpUseATRFilter | true |
| EXTRA FILTERS | InpATRPeriod | 14 |
| EXTRA FILTERS | InpMinATRPips | 120.0 |
| EXTRA FILTERS | InpMaxATRPips | 800.0 |
| EXTRA FILTERS | InpUseFridayCutoff | true |
| EXTRA FILTERS | InpFridayCutoffHour | 14 |
| EXTRA FILTERS | InpUseSpreadFilter | true |
| EXTRA FILTERS | InpMaxSpreadPoints | 100 |
| PROFIT HANDLER | InpUseProfitHandler | true |
| PROFIT HANDLER | InpMoveToBE | true |
| PROFIT HANDLER | InpBETriggerRR | 1.0 |
| PROFIT HANDLER | InpBEOffsetPoints | 20.0 |
| PROFIT HANDLER | InpUseTrail | true |
| PROFIT HANDLER | InpTrailStartRR | 1.5 |
| PROFIT HANDLER | InpTrailDistanceRR | 1.0 |
| PROFIT HANDLER | InpTrailTightenRR | 3.0 |
| PROFIT HANDLER | InpTrailTightDistanceRR | 0.5 |
| CHART LINES | InpDayOpenColor | 16748574 |
| CHART LINES | InpPrevCloseColor | 65535 |
| CHART LINES | InpTriggerLevelColor | 42495 |
| CHART LINES | InpLineWidth | 2 |
| DASHBOARD | InpShowDashboard | false |
Trading Approach
The EA is intended for traders who prefer structured automation rather than high-frequency order flow. It is designed to work with defined market conditions, controlled trade frequency, and consistent money-management behavior.
Recommended Usage
For best results, traders should test the EA on a demo account first and verify symbol conditions, spread behavior, and broker execution quality before using it on a live account. Performance may vary across brokers, account types, and market volatility environments.
Risk Disclaimer
Disclaimer: Trading forex, gold, and other leveraged instruments involves substantial risk and may not be suitable for all investors. Past performance, optimization results, or demo results do not guarantee future performance. This Expert Advisor is a trading tool and does not guarantee profit. Users are responsible for testing, configuration, and risk management before live deployment. The seller assumes no liability for financial losses, margin calls, or trading decisions made using this product.
