Build a "Telegram Signal Copier" for mt4 and mt5 accounts

MQL5 Consultation Forex Python

Specification

Looking for a developer who has the ability to build a 'Telegram Trade Copier'. Please read carefully before applying.

 

The system consists of two components:

1.  Desktop Application: Manages the Telegram integration, channel selection (specific Channel), and MT4/MT5 account configuration.

2.  Expert Advisor (EA): Executes trades on MT4 and MT5 platforms based on EA configuration, signals received from the Desktop App. 

Functional Requirements:

1. Desktop Application

·  User Authentication:

o  Allow users to log in using their Telegram phone number (e.g., +143465634). Then he/she will be see her/her name only and “Copier Connected”.

·  Telegram Channel Management:

o  Enable users to specify 2-3 Telegram channels from which trading signals will be copied. Others channel will be hide from telegram app.

 

2. Expert Advisor (EA)

·  Compatibility:

o  Develop an EA compatible with both MT4 and MT5 platforms.

·  Trade Execution:

o  Automatically execute trades on MT4/MT5 accounts based on signals received from the Desktop Application.

·  Channel Selection:

o  Allow users to select channel from EA (Specific 3 Channels only).There will be dropdown options for those 2-3 channels. 

 

·  Magic Number:

o  User input a magic number for different pairs (e.g., one For Fx 6574 and one For Gold 5784).

·  Suffix and prefix:

o  Allow users to add suffix or prefix. Some Broker has suffix or prefix with symbol pair(e.g., .r)

 

·  Symbol mapping:

o  Some broker has different symbol pairs.

 

·  Lot Calculation:

o  Provide options for lot size calculation. There will be two dropdown options.

§  Fixed lot size (e.g., 0.01).

§  Dynamic lot size based on risk factor.

 

·  Trade Parameters:

o  Use default settings if specific Stop Loss (SL) and Take Profit (TP1, TP2) values are not provided in the signal:

§  Default SL: 50.0 pips

§  Default TP1: 40.0 pips

§  Default TP2: 150.0 pips

 

·  Trade Filters:

o  Include options to exclude specific symbols. Skip any FX pairs

·  Notification:

o  Send MT4/5 notifications for trade execution (Expert Tab). And Close half, close partial, trade edit and close trade. And Also send the update on telegram bot

·  Slippage

·  Breakeven pips

·  Close half and BE after X pips

 

 

·   Extra Features in Backend:

1.  Half close % = 50 % (TP 1 HIT, FX TP1 30 pips and Gold TP1 40 ). Once TP1 is reached, move the SL to the entry point automatically .

2.  Partial close % = 25 % (80 pips reached and 97 pips reached in Gold ). move the SL to the entry point automatically  when reaches (80/97)

More guidelines and requirements will be discussed later (With Image).



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