EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
Price Action Engulfing Zone EA
This Expert Advisor for MetaTrader 5 automates a pure price-action strategy primarily designed for gold on the five-minute timeframe.
GitHub stars6
Forks0
Last updateyesterday21 Sep 2026
LicenceMIT
Overview
Price Action Engulfing Zone EA identifies market trends using swing point structures like higher highs and lower lows without lagging indicators. The EA creates supply and demand zones from engulfing candle patterns at swing points and waits for a price retest to enter. It includes automated lot sizing based on balance, fixed stop loss and take profit at a one-to-one ratio, and spread filtering.
- Pure price action trend detection
- Dynamic supply and demand zone creation
- Automated balance-based lot sizing
- Visual zone drawing on charts
- Spread and slippage filters
Details
Author
vatsasr8846 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, SMC / ICT / price action, Scalping
Markets
Gold
Timeframes
M1-M5
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
Topics
analysisanimal-crossingconcept-videoexpert-advisorhtmlllmlstmlstm-neural-networksmql5price-action
Input parameters
Read from PriceAction_EngulfingZone_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpManualLotSize | double | 0.0 | Manual Lot Size (0 = Auto) |
InpLotPer1000 | double | 0.04 | Lot Size per $1,000 Balance (Auto mode) |
InpMaxLotSize | double | 2.0 | Maximum Lot Size |
InpMinLotSize | double | 0.01 | Minimum Lot Size |
InpSLBufferPoints | int | 50 | SL Buffer Beyond Zone (Points) |
InpSwingLookback | int | 3 | Swing Point Lookback (candles each side) |
InpTrendSwingCount | int | 4 | Swing Points for Trend Evaluation (minimum 3) |
InpZoneExitCandles | int | 3 | Min Candles Outside Zone Before Retest |
InpInvalidateZone | bool | true | Invalidate Zone on Opposite Close-Through |
InpMagicNumber | int | 202507 | Magic Number |
InpMaxSlippage | int | 30 | Maximum Slippage (Points) |
InpMaxSpreadPoints | int | 50 | Maximum Spread (Points) |
Show all 15 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpShowZones | bool | true | Draw Zone Rectangles on Chart |
InpBullZoneColor | color | clrDodgerBlue | Bullish Zone Color |
InpBearZoneColor | color | clrOrangeRed | Bearish Zone Color |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone vatsasr8846/PriceAction-EngulfingZone-EA from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
Similar expert advisors
Prop Firm EA Fleet is a collection of MetaTrader 5 robots designed for passing prop firm evaluations and managing funded accounts. The suite utilizes various strategies including market structure analysis, session range breakouts for London and New York sessions, and high-frequency scalping. It features strict risk man
This MetaTrader 5 expert advisor focuses on XAUUSD using a multi-timeframe scalping approach based on Smart Money Concepts. It identifies institutional market structures by analyzing H4 trends, H1 supply and demand zones, and M5 entries. The logic incorporates order block detection, Fair Value Gaps (FVG), and liquidity
This MetaTrader 5 expert advisor is designed for gold trading using Candle Range Theory and Time-Based Strategy principles. It identifies market structure through the Accumulation, Manipulation, and Distribution cycle while detecting Fair Value Gaps and Order Blocks. The robot executes trades exclusively during specifi
This MetaTrader 5 expert advisor provides an automated trading system with two primary operation modes: a multi-confluence signal engine and a Smart Money Concepts strategy. The confluence engine aggregates signals from RSI, MACD, Bollinger Bands, and EMA crossovers, while the Smart Money mode focuses on liquidity swee
Funded EA is a MetaTrader 5 robot designed to help users pass proprietary firm challenges by automating trade execution and risk management. It implements a Smart Money Concepts strategy, targeting XAUUSD by detecting order blocks and liquidity sweeps. The system features a calibration engine that calculates lot sizes
Need a broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers