by 
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
This expert advisor for MetaTrader 5 implements a pure price action strategy focused on Gold (XAUUSD) on the five-minute timeframe.
GitHub stars6
Forks2
Last update7 weeks ago30 Jul 2026
LicenceMIT
Overview
Price Action Engulfing Zone identifies market trends through swing-point structure analysis and marks supply and demand zones based on engulfing candlestick patterns. Trades are triggered only when price retests a previously established zone and forms a secondary engulfing pattern within it. Risk management includes fixed stop loss levels placed beyond the zones, a one-to-one take profit ratio, and dynamic lot sizing based on balance. It avoids indicators, martingale, and grid techniques.
- Trend detection via swing high and swing low structure
- Automatic supply and demand zone creation from engulfing patterns
- Retest confirmation logic with secondary engulfing signals
- Dynamic lot sizing based on account balance
- Visual chart representation of active zones
Details
Author
NadirAliOfficial on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action, Trend following
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
algorithmic-tradingexpert-advisorforexgold-tradingmetatrader5mql5mt5-eaprice-actionsupply-demand-zonestrading-bot
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 NadirAliOfficial/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.
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