Looking for a developer to Code a Complex EA for financial markets

Job finished

Execution time 4 days
Feedback from customer
Absolute pleasure working with this developer - well educated and met all my requirements
Feedback from employee
A very detailed client, I'd like to work on more projects with this client.

Specification

📄 Opening Range Breakout (ORB) Expert Advisor Specification

🕰️ 1. Opening Range Definition

  • The EA must define the Opening Range (ORB) as the high and low of the first 15-minute candle after a session open.

  • This range should be:

    • Drawn/marked visually across all timeframes as a horizontal zone or range (e.g., shaded box or two lines: High/Low).

    • Markings must update each day/session.


✅ 2. Entry Conditions

  • Trigger condition: A trade is only entered if a full 5-minute candle closes above (for long) or below (for short) the 15-minute ORB range.

  • Trade Type:

    • Buy: When a 5-minute candle closes above the ORB high.

    • Sell: When a 5-minute candle closes below the ORB low.


📉 3. Stop Loss (SL) Logic

  • Stop Loss should be placed at the opposite side of the ORB range from the breakout direction:

    • Long → SL = ORB Low

    • Short → SL = ORB High


📈 4. Take Profit (TP) and Trailing Logic

  • Risk-to-Reward: Fixed at 1:3 (R:R).

  • Trailing Stop Features:

    • At 1:1 R:R → move SL to Break-Even.

    • At 1:2 R:R → move SL to lock in profit at 1:1 level.

    • At 1:3 R:Rclose full position (TP hit).


⏰ 5. Filters

a. Days & Hours to Trade

  • Add inputs to specify allowed trading days (e.g., Mon–Fri toggle).

  • Add inputs for trading window per day, e.g.:

    • Start Time: 09:00

    • End Time: 17:00

b. Sessions Filter

  • Allow selection of which session(s) to trade:

    • London

    • New York

    • Asian

    • Sydney

  • EA should only activate and mark the ORB during the selected session(s).


⚙️ 6. Other Settings (Optional but Recommended)

  • Lot Size input: Manual input or percentage risk per trade.

  • Max Daily Trades: Input to limit trades per day.

  • Spread Filter: Optional max spread to avoid high-cost trades.

  • Magic Number: For identifying trades made by this EA.


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Project information

Budget
50 - 150 USD