Expert Advisor (EA) for MT4 & MT5 – Capital and Full Trade Management

Specification

Project Description:

I am looking for an experienced developer to create an Expert Advisor (EA) compatible with both MT4 and MT5 with the following functionalities:

1. Capital and Position Sizing Management:

  • Automatically calculate and determine the appropriate trade size based on account balance and predefined risk parameters.

  • Enforce strict capital management rules to prevent excessive exposure and control overall account risk.

  • Users should be able to set risk percentages and maximum exposure per trade.

2. Full Trade Management:

  • Automatically manage open trades by adjusting Stop Loss and Take Profit levels according to trade progression and predefined rules.

  • Prevent manual closing or modification of trades by the trader, ensuring the EA fully controls the trade until it reaches its target or Stop Loss.

  • Secure profits and minimize losses automatically without human interference.

Requirements:

  • Fully compatible with MT4 and MT5 platforms.

  • Reliable and error-free performance in both live and demo accounts.

  • Clean, well-commented code for future updates.

  • Optional: logging system to track EA actions and trade history.

Deliverables:

  • MT4 EA file (.ex4) and MT5 EA file (.ex5) ready to use.

  • User guide explaining all settings and configuration options.

Skills Required:

  • MQL4 and MQL5 programming.

  • Experience in developing risk management and automated trade management EAs.

  • Knowledge of financial markets and trading mechanics is a plus.


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Project information

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50+ USD