Specification
I’m looking for a developer that can build an EA based of ICT MMXM strategy and has an understanding of this concept. This youtube video should help explain in every details what I am looking for:
Any FVGs, MSS and other indicators for conformation would really help to make this EA work. Also the Power of 3 method of ICT could give conformation on which side the market moves to determine a long or short position. That’s explained in this video: https://youtu.be/EHEOUxYh4hc?si=66qZNZMbajC0_TbE
If there is anyway to implement these conformation tools, would appreciate it.
Timeframe: 5 or 15 min
Pairs: indices (SP500 / NAS100 / US30) and gold (XAUUSD) only
Parameters:
1. Lot size % risk of account balance
2. Risk reward for the TP and SL. As an option to adjust and switch on or off with ‘true or false’. If it’s on ‘false’, it trades as it says in the video with partial TP (option 8). If it’s ‘true’, it places RR TP and SL based on the input when it takes trades on the buy/sell points.
3. SL buffer in pips
4. News days Trading (on, off, 50% initial risk)
5. Daily drawdown limiter in % that closes all trades when drawdown is hit
6. Max drawdown limiter in % that closes the EA when drawdown is hit
7. Breakeven (as explained in the video) adjustable and on/off switch with ‘true/false’
8. Partial TP (as explained in the video) with buy/sell stops. Adjustable and on/off switch with ‘true/false’. If it’s ‘false’, it will trade with RR (option 2).
Restrictions:
1. The EA should be designed for prop firm regulations where it should not exceed 10% max drawdown and 5% daily drawdown.
EA needs to be made for MT5. Delivered with mql file. Optimisation with backtesting beforehand to see if the EA works, would also be appreciated.
Any inputs or adjustments for this strategy are more than welcome! Looking forward to it.
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