Category:
Trading robots (Expert Advisors)
Platform:
MetaTrader 5
Budget:
$300 (fixed)
Description:
I need an experienced MQL5 developer to build a **high-performance scalper EA** for MT5 designed to **pass a prop firm challenge within one week** while fully complying with prop firm rules (daily drawdown, max loss, profit target). This is a paid job with a strict requirement for **full source code delivery and IP transfer** (details below).
Core Requirements:
1. Trading Logic
- Pure scalping strategy (very short trades: seconds → minutes).
- Targets EURUSD, GBPUSD, USDJPY, XAUUSD (others optional).
- Uses micro price-action, tick volume/order flow, and scalper-friendly indicators.
- High-frequency trading during London & NY sessions.
- Spread filter and optional news filter.
2. Risk & Money Management
- Configurable risk per trade (0.25%–2%).
- Built-in daily max loss protection (default 4–5%).
- Max overall drawdown limit (default 8–10%).
- Auto lot sizing based on account balance / equity.
- Equity protector & stop-trading-on-target functionality.
3. Prop Firm Compliance
- Respect daily and overall drawdown rules.
- Stop trading once profit target reached (default 10%).
- Option for minimum trading days settings.
- **No martingale/grid/averaging** unless explicitly agreed.
4. Scalping Optimization
- Low-latency order logic suitable for ECN brokers.
- Spread & slippage handling; avoid trading during spikes.
- Ultra-fast execution; able to handle many micro-trades per session.
5. Technical
- Timeframes: M1/M5 (developer may advise).
- Magic number & trade comment options.
- Backtestable (100% tick-compatible), forward-testable.
- Works on live challenge accounts (demo proof required).
Mandatory Deliverables (non-negotiable):
- EA executable (.ex5) **AND** full source code (.mq5) — **unobfuscated, compileable in MetaEditor 5**.
- Source code must be **well-commented**, include any custom indicators' source (.mq5), and build instructions.
- User manual (PDF) with recommended settings, broker requirements, and installation steps.
- Backtest reports (tick data) for at least 12 months and sample forward-test/demo account statement.
- Clear instructions for parameter/configuration for challenge environments.
Intellectual Property & Source Code Clause (MUST):
- Developer MUST deliver the full, unencrypted source (.mq5) and all associated code.
- Developer MUST transfer **all rights** or grant an **exclusive, unrestricted commercial license** to the buyer upon final payment — buyer can modify, resell, or publish the EA.
- No encrypted/protected/obfuscated files; no hidden external dependencies requiring additional paid licenses unless explicitly disclosed before award.
- Any third-party libraries used must be disclosed and licensed appropriately.
Acceptance Criteria:
- EA runs on my demo account for internal verification (I will test for 7 days in realistic conditions).
- No crashes, no hidden behaviors, respects drawdown/stop rules.
- Source code compiles cleanly in MetaEditor 5 with no errors.
- All deliverables uploaded to MQL5 (or shared via agreed channel) before final payment.
Developer Filter (apply only if you qualify):
- Only experienced scalper EA developers please.
- Provide **2 relevant examples** of scalper EAs you’ve built (source or verified forward-test/backtest).
- Provide backtest reports and/or Myfxbook/forward-test proof.
- Include in your proposal the exact statement: **"I will deliver full source code (.mq5) and transfer full rights"**.
Timeline:
- Beta version: within 7 days after award (functional, basic parameters).
- Final delivery (complete + source + docs): within 14 days.
How to Apply:
- Submit brief proposal, past work links (backtests / forward-tests), and confirm you accept the Source Code & IP clause.
- Applications that do not include proof of scalper experience will be rejected.
Notes:
- Budget: $300 fixed. Apply only if you accept the budget and the mandatory source-code & rights transfer terms.
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