Specification

I need a fully automated Expert Advisor (EA) that trades on smaller timeframes (M30 & M15) using aprice action strategy. The EA should incorporatecandlestick patterns, moving averages, RSI confirmations, and dynamic stop-loss and take-profit levels. It should also supportmulti-currency tradingfrom a single chart setup and confirm trade signals usinghigher timeframe analysis and enter trades using candle stick signs in lowe timeframes.


Core Features & Strategy

1. Timeframes & Market Conditions

  • Primary trading timeframes:M30 & M15
  • Confirmation timeframe:H1 or H4
  • Works onForex, Gold, and Indices(if applicable)

2. Entry Strategy (Price Action-Based)

  • The EA shouldidentify reversal and continuation patterns, such as:
    • Hammer, Doji, Engulfing, and Pin Bars(for reversals)
    • Marubozu, Three Soldiers, and other strong trend candles(for continuations)
  • Confirm trades using:
    • Moving Averages(e.g., 50 EMA and 200 EMA for trend direction)
    • RSI(identify overbought/oversold conditions or divergence signals)
    • Support & Resistance Levels(automatic detection preferred)
    • Higher Timeframe Confirmation:
      • Example:If trading onM30, check trend confirmation onH1 or H4
      • Avoid taking tradesagainst the higher timeframe trend

3. Stop-Loss & Take-Profit (Dynamic)

  • Dynamic Stop-Loss:
    • PlaceSL above/below the last candle’s shadow(or user-defined buffer in pips)
    • Adjust SL based onmarket volatility (ATR-based option preferred)
  • Dynamic Take-Profit:
    • TP should be set at thenext support/resistance level
    • Option to use afixed RR ratio(e.g., 1:2, 1:3)
    • Adjustable TP based onFibonacci levels or recent swing high/lows

4. Trade Management Features

  • Multi-Currency Trading:
    • The EA should operate fromone chartand manage multiple currency pairs
  • Breakeven Support:
    • Move SL to breakeven when the trade reaches50% of its TP target
  • Trailing Stop (Optional Feature)
    • If enabled, adjust SL dynamically as the price moves in profit
  • Trade Filtering:
    • Option to avoid trading duringhigh-impact news events(if news filter API is possible)
    • Filter trades based ontime of day (e.g., avoid low-volume periods)

5. Additional Features (Recommended Enhancements)

  • Risk Management Settings
    • Lot sizing options:Fixed lot, Percentage of balance, or Risk-based lot
    • Max daily loss limit to stop trading after reaching a predefined risk level
  • Trade Dashboard & Notifications
    • Display open trades, SL/TP levels, and trade performance
    • Alerts viaMT4/MT5 notifications, email, or Telegram

Customization & Input Parameters

  • Enable/Disable trading pairs(for multi-currency support)
  • Choose between fixed SL/TP or dynamic levels
  • Customizable risk-reward ratio (1:2, 1:3, etc.)
  • News filter (if possible)
  • Trailing stop settings
  • Break-even activation percentage
  • Select higher timeframe for confirmation (H1, H4, or user-defined)


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Project information

Budget
200 - 400 USD
Deadline
from 1 to 10 day(s)