MT4 EA Requirements for 5 Pairs, 1H Only, SMI (Period_Q=5), MFI, Two Positions, 5-Pip Max Spread Overview: - I’m a beginner needing an MT4 EA for OANDA (5-digit, 1-3 pip spreads, up to 5-8 pips during news, 50:1 leverage). - Strategy: Five pairs (EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD), 1H timeframe only. - Budget: $70-120, Timeline: 4-8 days. Strategy Details: - Instruments: Five pairs (EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD), 1H only. - Indicators: - SMI (custom, 70/30 levels, Period_Q=5, Period_R=5, Period_S=2, Signal=2). File: SMI.ex4 (attached). - MFI(3): Built-in, Period=3, reversals >80/<20. - MFI(7): Built-in, Period=7, trend confirmation. - ATR: Built-in, Period=14, for 1.5x stops. - Entry Rules: - Sell: SMI[1] > 70, SMI[0] < 70; MFI(3)[1] > 80, MFI(3)[0] < 80; MFI(7)[0] < MFI(7)[1]; spread ≤ MaxSpread_Pips (default 5, adjustable). - Buy: SMI[1] < 30, SMI[0] > 30; MFI(3)[1] < 20, MFI(3)[0] > 20; MFI(7)[0] > MFI(7)[1]; spread ≤ MaxSpread_Pips (default 5, adjustable). - All pairs, candle close. - Position Management: - Two positions per trade: - First: TP 20 pips (e.g., EUR/USD sell at 1.0800, TP 1.0780). - Second: TP 50 pips (adjustable via SecondTP_Pips, e.g., 1.0750), SL adjusts after first TP. - Stop Loss: - Initial: 1.5x ATR (1H): EUR/USD ~30 pips, GBP/USD ~35-45 pips, USD/JPY ~25-30 pips, AUD/USD ~25-30 pips, USD/CAD ~30-35 pips. - Second Position: After first TP, SL moves to entry + SecondSL_Adjustment (default +2 pips, adjustable, e.g., +10, 0, -10). - Additional Trades: - After second position’s SL adjusts, allow new trades (any pair, same rules, max 5 open trades). - Risk Management: - 1% risk per trade ($100 on $10,000), split lots (e.g., 0.17 each for EUR/USD). - Dynamic: LotSize = (AccountBalance * 0.01) / (StopLossPips * PipValue). - Input: RiskPercent = 1.0 (0.5, 1.0, 1.5, 2.0). - Exit Rules: - First: TP 20 pips. - Second: TP 50 pips (adjustable), or SMI reversal (optional, >50 sells, <50 buys). - Optional Filters: - No news (NFP, FOMC, ECB). - Max 5 trades/day. - No trading on Friday afternoons; close all existing trades at 4:55 PM on Fridays. Inputs: - RiskPercent: 1.0 (0.5, 1.0, 1.5, 2.0). - SecondTP_Pips: 50 (adjustable, e.g., 30, 40, 60). - SecondSL_Adjustment: +2 pips (adjustable, e.g., +10, 0, -10). - MaxSpread_Pips: 5 (adjustable, e.g., 3, 7). - MaxTrades: 5 (adjustable). Needs: - EA monitors all pairs from one chart. - Alerts: “EUR/USD sell at 1.0800, spread 2 pips, SL adjusted to 1.0790.” - Deliverables: .ex4 file, bug fixes for 2 months, 5-minute video guide for demo setup.
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The EA will have 3 moving average and trade are executed upon cross over.The EA will finally be in MQL4 and MQL5. The EA will also be protected with a password. Further description will be given after agreement
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when the marked yu we need to buy if it up we will get profit when the marked up to down we need to sell for get profit if it up we will loss
Job Description I am looking for a highly skilled MQL5 DEVELOPER and A TRADER to work on an MT5 Expert Advisor (EA) project. The main tasks will include: 1. Code Compilation & Optimization – Reviewing, compiling, and streamlining the existing EA code to ensure efficiency and stability. 2. Backtesting Setup & Execution – Running professional backtests to ensure the EA produces consistent, gradual profit growth curves
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