Looking for Developer to Create an EA for the Rhine Runner Strategy (DAX, London Open)

MQL5 Experts

Job finished

Execution time 1 day

Specification

Description:


I am looking for an experienced MQL5 developer to create an Expert Advisor (EA) that automates my trading strategy, called the Rhine Runner. This strategy is designed to trade the German DAX index during the London market open (8:00 AM).


Strategy Rules:

1. Wait for the first 10-minute candle to form after the market opens at 8:00 AM.

2. Place two pending orders:

Buy Order: 2 points above the high of the 10-minute candle, with a stop loss at the low of the candle.

Sell Order: 2 points below the low of the 10-minute candle, with a stop loss at the high of the candle.

3. If the buy order triggers, the sell order should automatically be cancelled, and vice versa.

4. The EA should manage trade execution, including stop loss placement and order cancellations.


Additional Requirements:

The EA should be compatible with the German DAX index (GER40).

Inputs for customisation:

Candle time period (default: 10 minutes).

Points above/below for placing orders (default: 2 points).

Lot size.

Time range for the strategy to activate (default: 8:00 AM to 8:10 AM, server time).

 Magic number for trade identification.

The EA should avoid duplicate trades if the market moves too quickly.

Ability to set a maximum daily loss or profit limit (optional feature).


Delivery Expectations:

A fully functional EA file with the requested features.

Source code for future modifications.

Instructions for installation and setup.


Please let me know your experience, cost, and expected delivery time. I am open to further discussions or clarifications if needed.


Thank you




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Project information

Budget
100 - 300 USD
Deadline
from 10 to 20 day(s)