Specification
🧠 Job Title:
📈 Expert Advisor Based on RSI + Price Action Needed (MT5)
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📝 Project Description:
I am looking for a skilled MT5 developer to create an automated trading robot (Expert Advisor) that combines RSI signals with price action confirmations. The EA should be efficient, user-friendly, and configurable for different trading conditions. It must include risk management tools and be compatible with the MT5 Strategy Tester.
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📋 Strategy Logic & Requirements:
1. Trading Platform:
MetaTrader 5 (MT5)
2. Indicators & Logic:
RSI (Relative Strength Index)
Price Action (Bullish/Bearish Engulfing Patterns)
Optional filter: 50-period Moving Average
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📈 Buy Entry Conditions:
RSI crosses below 30, then back above 30
A bullish engulfing candle appears within 3 candles of the RSI cross
(Optional) Price is above 50-period MA
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📉 Sell Entry Conditions:
RSI crosses above 70, then back below 70
A bearish engulfing candle appears within 3 candles of the RSI cross
(Optional) Price is below 50-period MA
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🔓 Exit Conditions:
Take Profit (TP) and Stop Loss (SL) set in pips or based on ATR
Optional: Trailing stop, break-even function
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📊 Risk & Money Management:
Lot size: Fixed or % of account balance
Max trades per day: Adjustable
Trading time window: Set specific hours (e.g., 08:00–17:00)
Optional: News filter (no trades during high-impact news)
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⚙️ Input Settings:
RSI period, level
Enable/Disable MA filter
TP / SL (pips or ATR multiplier)
Trailing Stop toggle
Magic number
Comment field for trade labeling
Max spread
Trade session start/end time
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🧪 Backtesting & Optimization:
Must run on MT5 Strategy Tester
All parameters adjustable for optimization
Provide .set files or presets for testing
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📁 Deliverables:
Source code (.mq5)
Compiled file (.ex5)
Installation & usage guide
1 week of support for bug fixes and minor adjustments
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⏳ Deadline:
30 calendar days from project start
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💰 Budget:
Please provide a cost estimate based on the above. Open to negotiation based on your experience and delivery speed.
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