Need A developer to convert existing indicators into an ea (STRICT TIME LIMIT) Do Not Apply For The Job If You're Too Busy

Job finished

Execution time 5 days
Feedback from customer
Would work with this developer again any time. Very well educated and meets the requirements that was given. Would highly recommend
Feedback from employee
Thank you very much for your prompt responses to questions, the detailed technical specification, and the quick confirmation of the order. I look forward to further cooperation!

Specification

📄 Development Specification Sheet: Spike Detection Expert Advisor (EA)

Project Name:

SpikeSentry EA – Expert Advisor based on Spike Indicator


Purpose:

To develop an EA that opens trades based on arrow signals from an existing custom spike-detection indicator and manages those trades with options for immediate profit-taking or a trailing stop based on candle count or point distance.


Indicator Integration:

  • The EA must read arrow buffer signals from the custom spike-detection indicator.

  • Buy trade is triggered when the up arrow appears.

  • Sell trade is triggered when the down arrow appears.


Entry Logic:

  • Buy when up arrow appears on the current or previous candle -(Arrows Should Not Be Visible in EA)

  • Sell when down arrow appears on the current or previous candle - (Arrows Should Not Be Visible in EA)

  • Allow only one trade per signal (no duplicate entries on the same signal)


Trade Management Options (User Inputs):

Immediate Take Profit (Optional):

  • [true/false] Use Immediate Take Profit

  • If true, the EA should close the trade as soon as price enters profit (even 1 point/pip).

🔁 Trailing Stop Option (Alternative to Immediate TP):

  • [true/false] Use Trailing Stop

  • If true, activate trailing logic below:

Trailing Stop Settings:
  • Start trailing after X candles in profit 

  • Trail behind last X candles 

  • Alternative option: Trail by fixed distance → TrailByPoints = 100 (optional override of candle method)

  • The trailing stop should only activate once the trade is in profit.

  • Drop Down Menu to select between the Trailing Functions


Stop Loss Configuration:

  • [int] SL by Candles → SL_CandleDistance = 3
    Set SL at the high (for sell) or low (for buy) of # candles from the entry candle.

OR

  • [int] SL by Points → SL_Points = 100
    Set SL X points away from entry price.

Only one SL method should be active at a time (candle-based or point-based).


Additional User Inputs:

  • Lot Size → Lots = 0.10

  • Magic Number → MagicNumber = 456789

  • Slippage → Slippage = 5

  • Max Open Trades → MaxTrades = 1

  • Allow Buy/Sell separately → AllowBuy = true , AllowSell = true

  • Comment on Trade → TradeComment = "SpikeSentryEA"


Chart & Visual Feedback:

  • Mark trade entries on the chart (e.g., with small arrow and text “Buy Opened” / “Sell Opened”)

  • Optional: draw trailing stop and SL lines in real-time


Error Handling & Logging:

  • Check for indicator buffer validity on startup

  • Write clear logs in the Experts tab for each action (entry, SL move, TP hit)


Compatibility:

  • Must be compatible with MetaTrader 5 (MT5)

  • Must work with any broker and on all symbols (Forex, Synthetic, Commodities)

  • Must handle missing indicator buffer errors gracefully


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Project information

Budget
50 - 200 USD
Deadline
from 1 to 3 day(s)