EngulfTrail Trading Robot, Price action Forex

Key Features

• Dynamic Parameters: Supports dynamic adjustment of TrailingStop, StopLoss, and TakeProfit based on trading symbols and conditions.
• Auto Lot Calculation: Automatically calculates optimal lot size based on account margin and predefined percentages.
• Customizable Settings:
  • Take Profit: Configurable via TakeProfit
  • Lot Size: Adjustable using Lots or automatically calculated.
  • Trailing Stop: Controlled by TrailingStart and TrailingStep.
• Symbol-Specific Configurations: Implements different settings for symbols like XAUUSD_o, EURUSD_o, and more.
• New Bar Detection: Identifies the start of a new bar using the NewBar function.
• Buy and Sell Conditions: Trades based on candlestick patterns with functions like CheckBuy and CheckSell.
• Order Management: Handles order placement, modification, and closure with efficient error handling.

Trading Logic

• Buys when:
  • Candlestick pattern indicates a bullish engulfing.
  • All conditions defined in CheckBuy are met.
• Sells when:
  • Candlestick pattern indicates a bearish engulfing.
  • All conditions defined in CheckSell are met.

Error Handling

• Handles insufficient margin gracefully, with clear log messages.
• Logs errors during order placement and trailing stop activation.