Custom EA for Prop Firm (MT5) - Breakout/Mean Reversion with Advanced Risk Management

Description:

I am looking for an experienced MQL5 developer to build a fully automated Expert Advisor (EA) for MT5 tailored for Prop Firm challenges and funded accounts. I need a robust, plug-and-play solution with rigorous risk controls.

Key Requirements:

• Platform: MT5

• Trading Logic: I am looking for a reliable strategy based either on a Breakout Strategy (e.g., London session breakout) or a Mean Reversion Strategy (Bollinger Bands or RSI). I am highly open to your professional and technical suggestions based on your verified portfolio.

• Prop Firm Risk Management:

  • Daily Drawdown Limit (Kill Switch): The EA must have a hard drawdown limit programmed at 4.5% to protect the account before hitting the firm's 5% limit. If this target is reached, the EA must automatically close all open positions, delete pending orders, and completely stop trading until the next daily reset.

  • Economic News Filter: Must integrate an economic news filter via API to prevent opening new trades 30 minutes before and 30 minutes after high-impact news events (e.g., NFP, FOMC).

  • No Grid / No Martingale: The algorithm must handle risk responsibly.

• Order Execution & Protection:

  • Every trade must execute with a mandatory Fixed Stop Loss and Take Profit from the very first milisecund for initial account protection.

  • Must include a Trailing Stop / Breakeven function to automatically protect profits and lock in gains as the market moves in our favor.

• Deliverables: 

• I require the full, clean source code ( .mq5 file), not just the compiled version, to ensure compliance with Prop Firm IP and copy-trading regulations.