FreelanceSections

Development of Expert advisor for Metatrader

MQL5 Experts Forex Trading robot/indicator debugging Strategy optimization

Specification

I am requesting the development of an MT5 Expert Advisor (EA) for trading the German Index (DAX) based on specific rules. The EA should operate on a 15-minute timeframe with normal candles and place trades based on conditions related to the market opening time in Germany.


Trading Rules:


1. Timeframe: 15-minute chart

2. Market: German Index (DAX)

3. Candle Criteria:

     - The EA should focus on the 2nd 15-minute candle from the German market open.

4. Trade Entry:

     - Buy Order: Place a buy order 2 pips above the high of the 2nd 15-minute candle from the market open.

    - Sell Order: Place a sell order 2 pips below the low of the 2nd 15-minute candle from the market open.

5. Custom Parameters:

    - Take Profit (TP): Allow custom values for multiple take profits.

    - Stop Loss (SL): Allow custom values for stop loss.


 Additional Features:


1. Multiple Take Profits: The EA should have the capability to set multiple take profit levels. The user should be able to input these values manually.

2. Adjustable Parameters: The EA should allow the user to adjust:

    - Custom values for take profit levels and stop loss.

3. Time Configuration: Ensure the EA correctly identifies the German market open time and calculates the 2nd 15-minute candle from that point.

4. Trade Management:

    - Once a trade is opened, it should not place another trade until the next trading day.

    - If possible, implement a trailing stop option as an additional feature, which can be enabled or disabled by the user.


#### User Interface:

- **Inputs/Settings**:

    - Number of pips for buy order above the 2nd candle.

    - Number of pips for sell order below the 2nd candle.

    - Values for multiple take profit levels.

    - Value for stop loss.

    - Enable/disable trailing stop and set trailing stop parameters.


Please include the following in your quotation:

- Estimated development time

- Total cost

- Any additional information or requirements needed from my end


Thank you.

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Project information

Budget
50 - 100 USD
Deadline
from 2 to 3 day(s)

Customer

(13)
Placed orders20
Arbitrage count0