FreelanceSections

Seeking to develop an Expert Adviser - MT5

MQL5 Experts

Job finished

Execution time 4 days
Feedback from customer
Great work on the EA! Delivered exactly as needed with professional service. Thank you for your quick and effective support. Will consider you for future
Feedback from employee
Thank you very much for making business to me. It was pleasure to work with you, with all kindness. I'm looking forward for the next call.

Specification


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Dear  Developer ,


I am seeking to develop an Expert Advisor (EA) for forex trading with the following specific requirements. Your feedback on the feasibility and implementation of these requirements would be greatly appreciated:


1. **Objective**:

   - The EA should be designed to achieve a trading outcome of zero wins, with the goal of generating consistent losses.


2. **Account and Risk Management**:

   - The EA will operate on a $15,000 account.

   - The target is to incur losses of $500 or more per day.

   - There should be no profit, meaning that the EA should not achieve any positive returns.


3. **Trading Frequency**:

   - The EA should trade infrequently, with minimal trading activity to ensure consistent losses.


4. **Strategy Details**:

   - Utilize simple or random trading rules that are more likely to result in losses rather than gains.


5. **Spread Management**:

   - The EA must account for the trading spread when setting take-profit levels.

   - The take-profit level should be set in such a way that the spread effectively results in a loss, ensuring that trades do not end in profit.


6. **Testing**:

   - Please backtest the EA to ensure it meets the requirements of achieving zero wins and consistent daily losses of $500 or more, taking into account spread impacts and trading frequency.


7. **Additional Information**:

   - I am currently running a demo account with this EA and using a reverse trading copy system for my funded account. The EA should be designed to align with this reverse trading setup, ensuring that the funded account reflects the opposite of the demo account's trades.

   - The take-profit settings should be adjusted accordingly to align with this reverse trading strategy.


Could you please review these requirements and provide feedback on how they can be implemented? Additionally, let me know if there are any challenges or improvements you would suggest.


Thank you for your assistance. I look forward to your response.


Best regards,  


Geeth Ranasinghe 


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Project information

Budget
30 - 200 USD
Deadline
from 3 to 10 day(s)