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Custom MT5 Indicator & EA Development

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Specification

Custom MT5 Indicator & EA Development

Project Overview: Custom MT5 Indicator & EA Development

I am looking for an experienced MQL5 developer to create a custom indicator and EA for the MT5 platform. The system is primarily optimized for gold trading but should also be compatible with forex pairs, indices, and commodities.

Key Features Required:

Indicator & EA Functionalities:

  • Multiple EMAs (5, 13, 50, 200, 800) with an option to hide them.
  • Supply & Demand Zones toggle.
  • Entry Conditions based on price action and zone behavior.
  • Trade Continuation Rules using EMA confirmation.
  • Take Profit & Stop Loss Management:
    • TP based on 75% of the traveled distance between high and low.
    • Dynamic trailing stop with adjustable values (2, 3, 5, 10, 25 pips or custom input).
    • Option for tight stop loss settings.
  • Additional Entry Logic:
    • If price remains stuck in a zone, take additional trades within the range.
    • If price does not break the high, wait for a touch, then enter a sell toward the midpoint.
    • If price is below the midpoint, TP is adjusted to the low level (LL).
    • Dynamic SL based on midpoint positioning.
  • News Filter:
    • ON/OFF option to disable trading on high-impact news days.
  • Breakout Trade Activation:
    • If price travels the full distance from LL to HH and a candle closes above HH, open a new trade.
    • Implement trailing stop based on the previous candle low (for buys) or previous candle high (for sells).
    • If the previous candle has a flat top (for sells) or flat bottom (for buys), use that as the trailing SL reference.
  • Two Separate Versions:
    1. Indicator Only – for manual trading.
    2. Fully Automated EA – for trade execution.

Developer Requirements:

  • Must have expertise in MQL5 for MT5 development.
  • Experience with price action-based trading logic, trailing stops, and dynamic SL/TP strategies.
  • Ability to optimize the EA for gold trading, while maintaining flexibility for other markets.
  • Knowledge of supply & demand zones and multi-timeframe EMA analysis is a plus.

If you’re interested, DM me with:

  • Your previous MQL5 projects related to EAs or indicators.
  • Estimated time and cost for development.

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Project information

Budget
50+ USD