Expert Advisor based on 3 Moving Averages

MQL5 Experts

Specification

Title: Moving Average Trend Trading Expert Advisor (MT5)

Description:
I am looking for an experienced MQL5 programmer to develop an Expert Advisor for MetaTrader 5.

The EA should have the following features:

Entry Signal

  • Basis: 3 Moving Averages: Slow, Middle, Fast. SMA/EMA, with freely adjustable parameters.

  • Long: Fast MA crosses the Middle MA upwards. Both are above the Slow MA. Fanning from top to bottom: Fast, Middle, Slow. (Detailed description in the specification document)

  • Short: Fast MA crosses the Middle MA downwards. Both are below the Slow MA. Fanning from top to bottom: Slow, Middle, Fast. (Detailed description in the specification document)

  • Entry based on candle formation + number of candles, once the MA fan is intact (Long: Fast, Middle, Slow. Short: Slow, Middle, Fast). Number of candles freely adjustable. (Detailed description in the specification document)

  • Optional: Use of an additional indicator, e.g., ADX, Money Flow Index, etc.

Exit Signal

  • Cross in the opposite direction. (Detailed description in the specification document)

Trading Logic

  • Trend trading works based on the "fanning" of 3 Moving Averages. (Detailed description in the specification document)

Risk Management

  • Stop Loss (activatable, parameters freely adjustable)

  • Trigger points for:

    • Break Even: Price moves +10 pips/points into profit, then Stop Loss is moved to entry price + 2 pips/points. (activatable, parameters freely adjustable)

    • Trailing Stop: Moves further into profit in 5 pip steps from the Break Even point. (activatable, parameters freely adjustable)

    • Take Profit Optimization. Activatable, parameters freely adjustable. (Detailed description in the specification document)

  • Max Drawdown Protection (% of account equity)

User Interface / Panel

  • Overview of account balance, free margin, current profit/loss

  • Button to start/stop the EA

Technical Requirements

  • Broker with 5-digit quotes (e.g., EUR/USD → 1.12345). Parameters freely adjustable for JPY pairs, indices, commodities.

  • Platform: MetaTrader 5 (MQL5)

  • Stable, clean, and well-commented code

  • Spread, Slippage, and Requote protection

Deliverables

  • Complete source code (.mq5) + compiled .ex5

  • Short documentation explaining the parameters

  • Minor adjustments (bug fixes/parameter optimizations) after the testing phase are expected.

Delivery Time: 2-3 weeks

Important Notes:

  • Please only apply if you have experience with complex EAs.

  • References or example projects (MQL5 profile, published indicators/EAs, screenshots) are appreciated.

  • A detailed specification document with all requirements will be provided upon commissioning.


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Project information

Budget
400 - 800 USD
Deadline
to 21 day(s)