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The EURAUD Engine is an automated trading tool designed for the EURAUD currency pair on the MetaTrader 5 platform. This expert advisor is built to automate a specific trading strategy and includes features that manage trades based on a predefined set of rules. This expert advisor is composed of several analytical components that work together to identify trading opportunities and manage open positions. Volatility and Trend Filter: This component is designed to analyze market volatility and trend
This expert advisor opens trades based on a combination of signals from the Envelopes, DeMarker, MACD, and RSI indicators. It also includes a time filter, restricting trades to between 1:00 AM and 11:00 PM broker time. A trade will be closed if an opposite entry signal is generated, the 32-period ATR crosses above 0.0015, a fixed Stop Loss of 2000 pips is hit, or a fixed Take Profit of 8000 pips is hit. The input parameters include a fixed stop loss of 2000 pips, a fixed take profit of 8000