Meta Cove AI
- Uzmanlar
- Sürüm: 1.0
- Etkinleştirmeler: 5
MetaCove AI: Precision Pullback Engine (v1.2)
An Advanced, Fully-Automated Algorithmic Trading System by Meta Cove Technologies
Website: www.metacove.io
Version: 1.2 (Stops Fix Release)
Platform: MetaTrader 5 (MT5)
Overview:
The MetaCove AI: Precision Pullback Engine is a high-performance, expert advisor (EA) built to identify low-risk, high-probability entry points in trending markets. The system is fully automated, employing institutional-grade logic to analyze pullbacks using multi-timeframe trend filtering and oscillator confirmations.
⚙️ Core Features:
✅ Multi-Timeframe Trend Filter:
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Uses Fast and Slow EMAs on higher timeframes to define the master trend.
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Avoids trades during neutral or choppy market conditions.
✅ Precision Pullback Entry System:
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Entry logic triggered by RSI pullback levels and Stochastic crossovers aligned with the dominant trend.
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Designed to capture entries with optimal risk-reward during market retracements.
✅ Dynamic Lot Sizing with Risk Control:
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Calculates lot size dynamically based on account equity, ATR-based stop loss, and available margin.
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Ensures each trade risk aligns with a fixed % of equity, maximizing consistency.
✅ Advanced Exit Management:
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Multi-stage exit system:
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Partial profit-taking at TP1 based on ATR.
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Remainder managed using Parabolic SAR trailing stop, allowing profits to run.
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Supports scaling out and adaptive stop management for maximum flexibility.
✅ Daily Trade Limits & Time Filters:
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Configurable maximum trades per day to avoid overtrading.
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Optional trading time filters to restrict operations during preferred market hours (e.g., Indian trading session).
✅ Modern On-Chart Dashboard:
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Real-time panel displays:
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EA status
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Daily profit/loss
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Trade count
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Master trend status
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Signal readiness
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Stochastic levels
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🛠️ Technical Indicators Used:
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EMA (21/50) – Trend filtering (higher timeframe)
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RSI (14) – Pullback strength and timing
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Stochastic (8,3,3) – Entry confirmation via crossover
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ATR (14) – Dynamic stop loss & take profit calculation
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Parabolic SAR – Adaptive trailing stop mechanism
🧪 Ideal For:
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XAUUSD, Major FX Pairs, and trending instruments.
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Traders seeking consistent performance using a logic-driven pullback system.
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Scalping to intraday strategies aligned with higher-timeframe trends.
🔒 Built-in Protections:
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Spread filter to avoid high-cost trades.
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Trade allowance checks to respect daily limits.
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Margin verification before execution.
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Auto-fail mechanism if any indicator fails to initialize.
📌 Summary:
MetaCove AI: Precision Pullback Engine is a smart, trend-aligned, and risk-aware EA designed for traders who want precision entries and disciplined exits. With dynamic position sizing, a layered exit strategy, and an intuitive on-screen dashboard, it ensures full automation without sacrificing transparency or control.
🔗 Trade smarter with MetaCove AI – Precision in Every Pullback.
