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Rules
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Specification
Please, try and read till the end. Thanks.
The EA should have a customized Login Page - Account and Password protection, ownership plus Expiry Date.
The EA should have 2 Buttons.
(A) for "Automatic Execution” (AE) and
(B) manual mode for "Send Signal Only” (SSO)
Basically, it’s the same EA, but should have automated trade execution and a manual mode which will send signals, only. Both should not be activated at the same time.; one toggles off the other.
Both models are going to use 3 Moving Averages which I will communicate later.
1. Automatic Execution - AE.
EA is instructed to continuously open a new trade, once 2 Moving Averages cross-over each other. There is a third Moving Average which will play a different role.
Note: Once a cross-over is slightly detected (no waiting), any open trade (if any) is instantly closed, and a new one should be instantly opened - using the same stipulated lot and parameter. (I will supply more info).
At the same time, only one open trade is allowed on a particular asset-chart. Close one means open another, instantly, vs-a-vis.
2. Send Signal Only - SSO.
Using the same criteria as above, instead of opening a trade, EA should instantly send SMS alert (to the users Email Address, or to MT5 Notification Channel or to Telegram channel or all of them), whenever; the Moving Averages slightly cross over each other. The user should be able to decide where the Signals should be sent.
**It is NOT considered a cross-over when the 2 Moving Average lines undistinguished lay flat on each other, without space between them. In that case, they are not crossed and the current direction of one is considered unbroken. (Don’t worry, I will tell you which.)
**EA should provide options for the user to choose or implement the parameters of the 2 Moving Averages on the Chart.
**The EA should have a customizable Dashboard which should include "My Watching List" of up to 20 assets represented on the trading platform. Assets inside the Watching List are replaceable. The 20 selected assets inside my "watching list" are not by default activated. They would be manually activated by the user, by ticking the activation box beside them.
**Maximum of 4 assets could be activated and monitored simultaneously by the EA.
Attention: This Info is for the Send Signal Only (SSO) mode.
The cross-over Signal should be sent by the earliest detection or slight detection of a cross-over by our EA. The earlier a signal is sent, the better. For instance, (just for clarification) - a signal sent one candle before the actual cross-over happens - is technically better than a signal sent one candle after the MA has crossed. Send Signal Mode trades are going to be manually placed, so it is better to get the signals earlier.
Technical Requirements:
EA must be compatible with MT5. All parameters should be customizable via the EA settings, including indicator parameters, trade sizes, risk settings, etc. Utilize iCustom to read the indicators' values in real-time.
Optimization & Back-testing:
Conduct extensive back-testing to evaluate the performance across different time-frames and market conditions.
Provide detailed back-testing results, including performance metrics such as draw-down, profitability, and win rate. Optimize key parameters to improve EA performance.
Deliverables:
Fully functional EA file (.mq5) with source code. Documentation describing how to install and use the EA. Back-testing results with detailed reports, including parameter combinations tested and performance summaries.
Ideal Candidate:
Experience with developing EAs in MQL5. Strong understanding of both technical analysis and automated trading strategies. Ability to deliver high-quality code and explain the implemented logic. Familiarity with indicator optimization and risk management principles.
Budget and Timeline:
The budget for this project is negotiable, depending on the scope and complexity of the implementation. Looking for delivery within 1 weeks, including testing and optimizations.