Expert Advisor for MNQ100 Futures with Built-in Risk Management (Prop Firm Ready)

MQL5 Experts

Specification

Description:

I'm looking for an experienced MQL5 developer to build a fully automated Expert Advisor (EA) for trading the MNQ100 Micro E-mini Nasdaq futures on MetaTrader 5, specifically tailored for use on a funded prop firm account.

The EA will be running unattended, so it must have reliable built-in risk management and strict protections to comply with typical prop firm rules (such as daily loss limits, max drawdown, and consistency requirements). I'm flexible on the specific indicators or strategy used — what matters most is that it’s stable, risk-conscious, and performs consistently over time.

I prefer not to rely on martingale-style approaches, but I’m open to controlled recovery logic if it includes strong safety checks.


Requirements:

  • Symbol: MNQ100 (Micro Nasdaq Futures)

  • Account Type: Funded prop firm (so must pass common rules like max daily drawdown, etc.)

  • Trade Management: Fully automated — no manual input required during trading

  • Ready for usage on VPS


Risk Management Features (Essential):

  • Hard Stop Loss and Take Profit on every trade

  • Daily Drawdown Protection: EA must stop trading if a user-defined daily loss threshold is hit

  • Max Risk per Trade: Adjustable as fixed amount or percentage of equity/balance

  • Maximum Concurrent Trades: Option to limit number of open positions

  • Time-Based Filters: Option to only trade during certain hours or sessions (e.g. US market open)

  • News Filter (optional but helpful)

  • Trailing Stop or Breakeven Logic (optional)


Strategy Guidelines:

  • Open to any logic (price action, indicator-based, or hybrid)

  • Martingale or recovery systems are not preferred, but may be accepted if implemented very conservatively and with proper safety mechanisms

  • No scalping strategies that require extremely low latency

  • Should work well with standard prop firm conditions (e.g. limited leverage, rule-based evaluation periods)


Deliverables:

  • Compiled EA (.mq5) and source code (.mq5)

  • Basic user guide explaining the strategy, risk settings, and how to configure the EA

  • Support for setup/testing if needed


Final Notes:

This EA is intended to trade independently and safely. Reliability and risk control are more important than aggressive profit chasing. If you’ve built EAs for funded accounts before, I’d love to hear about your experience or see examples.




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Project information

Budget
50 - 80 USD
VAT (21%): 10.5 - 16.8 USD
Total: 61 - 96.8 USD
For the developer
45 - 72 USD

Customer

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