Specification
Title: Forex Trading Bot (MT5 Expert Advisor) — EMA + RSI Strategy with Risk Controls
Platform
- MetaTrader 5 (MT5). Provide both compiled (.ex5) and source (.mq5).
Markets & Timeframe
- Primary currency pairs: EURUSD, GBPUSD, XAUUSD (gold). Developer may add other pairs upon request.
- Primary timeframe: H1 (hourly). Should support user selection of timeframe via input parameters.
Strategy Rules (core)
1. Indicators:
- EMA Fast: 50-period Exponential Moving Average
- EMA Slow: 200-period Exponential Moving Average
- RSI: 14-period Relative Strength Index
2. Entry:
- BUY when EMA(50) crosses ABOVE EMA(200) AND RSI < 70
- SELL when EMA(50) crosses BELOW EMA(200) AND RSI > 30
3. Exit:
- Close position when opposite signal occurs (EMA cross in opposite direction).
- Also allow fixed Take Profit (TP) and Stop Loss (SL) in pips (configurable).
- Optional trailing stop (configurable).
Money & Risk Management
- Entry lot options:
- Fixed lot (e.g., 0.01) OR
- Risk-per-trade: X% of account balance (user-configurable)
- Max open trades: configurable (default = 1)
- Max daily drawdown limit: configurable (in % of balance) — if reached, EA stops trading for the day/session.
- Minimum account balance / free margin checks before opening new trades.
Inputs / User Parameters (all must be exposed in EA inputs)
- EMA_fast_period (default 50)
- EMA_slow_period (default 200)
- RSI_period (default 14)
- RSI_buy_threshold (default 70)
- RSI_sell_threshold (default 30)
- Use_fixed_lot (true/false)
- Fixed_lot_size (default 0.01)
- Use_risk_percent (true/false)
- Risk_percent (default 1.0)
- Stop_loss_pips (default 30)
- Take_profit_pips (default 60)
- Use_trailing_stop (true/false)
- Trailing_start_pips (default 20)
- Trailing_step_pips (default 5)
- Max_open_trades (default 1)
- Slippage_max (default 3)
- Magic_number (unique ID)
- Enable_news_filter (true/false) and News_time_window_minutes (if enabled)
- Trade_start_time / Trade_end_time (optional — server hours)
- Currency pairs list (allow selection by symbol or auto-detect)
Optional Features (nice-to-have)
- Time-of-day filter (do not trade outside specified hours).
- Spread limit (do not open trade if spread > X pips).
- News filter (avoid trading around high-impact news; if implemented, state the data source).
- Equity stop (if account equity falls below X% stop trading).
- Break-even option (move SL to break-even after X pips in profit).
- Multi-pair support and per-pair settings.
Notifications & Logging
- Push notifications to mobile and/or email when trade is opened/closed (configurable).
- Detailed log file or comments for each trade (entry reason, indicator values at entry, TP, SL).
- Option to write CSV or log to journal for backtest analysis.
Delivery / Files required
- Source code: .mq5 file
- Compiled binary: .ex5 file
- A short README describing all input parameters and how to install/run
- Example recommended settings to run in Strategy Tester
- Optional: a short video or screenshot showing EA attached and one trade in tester (if available)
Testing & Acceptance Criteria
- Developer must run basic Strategy Tester proof screenshots showing at least one backtest on EURUSD H1 with the provided settings.
- EA must not open trades during disabled hours or if risk checks fail.
- EA must respect SL, TP, trailing stop and close on opposite signals.
- Upon delivery, I will run a demo/backtest; any bugs preventing basic trading behavior will require fixes.
Support & Warranty
- Include 30 days of free bug-fix support after delivery (developer to propose).
- Provide brief in-code comments on logic or a short document explaining critical functions.
Other
- Please state required price and estimated delivery time in your proposal.
- Provide prior similar EA examples or link to MQL5 profile items for verification.
- Developer should confirm compatibility with broker servers (hedging/NETTING options) if relevant.
Acceptance
- I will consider the job complete when source + compiled files are delivered, EA attaches and runs in MT5 Strategy Tester with documented inputs and expected behavior per the specification.
Responded
1
Rating
Projects
358
29%
Arbitration
37
27%
/
65%
Overdue
10
3%
Working
2
Rating
Projects
316
34%
Arbitration
63
37%
/
40%
Overdue
102
32%
Working
3
Rating
Projects
1735
49%
Arbitration
55
67%
/
16%
Overdue
38
2%
Free
4
Rating
Projects
515
19%
Arbitration
35
46%
/
31%
Overdue
34
7%
Working
5
Rating
Projects
519
24%
Arbitration
61
57%
/
25%
Overdue
60
12%
Working
6
Rating
Projects
28
7%
Arbitration
9
33%
/
33%
Overdue
1
4%
Working
7
Rating
Projects
21
19%
Arbitration
5
40%
/
40%
Overdue
0
Free
8
Rating
Projects
2955
63%
Arbitration
125
44%
/
26%
Overdue
429
15%
Free
9
Rating
Projects
90
29%
Arbitration
24
13%
/
58%
Overdue
7
8%
Working
10
Rating
Projects
29
3%
Arbitration
4
25%
/
0%
Overdue
3
10%
Free
11
Rating
Projects
3
0%
Arbitration
8
13%
/
88%
Overdue
1
33%
Free
12
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
13
Rating
Projects
24
50%
Arbitration
1
100%
/
0%
Overdue
6
25%
Free
14
Rating
Projects
378
72%
Arbitration
19
32%
/
47%
Overdue
16
4%
Free
Published: 15 codes
15
Rating
Projects
26
38%
Arbitration
6
33%
/
50%
Overdue
0
Free
16
Rating
Projects
978
74%
Arbitration
27
19%
/
67%
Overdue
101
10%
Free
Published: 1 article, 6 codes
17
Rating
Projects
1
0%
Arbitration
3
0%
/
100%
Overdue
0
Free
18
Rating
Projects
3416
68%
Arbitration
77
48%
/
14%
Overdue
343
10%
Free
Published: 1 code
19
Rating
Projects
31
13%
Arbitration
14
0%
/
79%
Overdue
9
29%
Free
20
Rating
Projects
4
0%
Arbitration
1
0%
/
0%
Overdue
0
Free
21
Rating
Projects
289
35%
Arbitration
18
22%
/
61%
Overdue
43
15%
Free
22
Rating
Projects
7
0%
Arbitration
0
Overdue
2
29%
Free
23
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
24
Rating
Projects
571
35%
Arbitration
84
31%
/
44%
Overdue
206
36%
Working
25
Rating
Projects
30
20%
Arbitration
8
63%
/
13%
Overdue
9
30%
Free
26
Rating
Projects
35
40%
Arbitration
0
Overdue
3
9%
Free
27
Rating
Projects
38
53%
Arbitration
2
50%
/
50%
Overdue
3
8%
Free
28
Rating
Projects
0
0%
Arbitration
1
0%
/
100%
Overdue
0
Free
29
Rating
Projects
457
55%
Arbitration
24
54%
/
17%
Overdue
31
7%
Working
30
Rating
Projects
246
74%
Arbitration
7
100%
/
0%
Overdue
1
0%
Free
Published: 1 article
31
Rating
Projects
20
0%
Arbitration
10
0%
/
80%
Overdue
6
30%
Free
32
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
33
Rating
Projects
84
64%
Arbitration
5
100%
/
0%
Overdue
9
11%
Free
34
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
35
Rating
Projects
14
43%
Arbitration
0
Overdue
3
21%
Free
36
Rating
Projects
5
60%
Arbitration
1
0%
/
0%
Overdue
2
40%
Free
Published: 1 code
37
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
Similar orders
A video of the front end project is attached or uploaded in the link for view, the project is to build web app trader for login of mt4 / mt5 login and trades, the Web app is still under development your ideas matter in this project feel free to share ideal regards this project if you are good in Visual studio 2022 VS code and have handled C++ projects before on multiple situation this project might be yours. UI/UX
Simple Added Notice For Existing Indicator
50 - 200 USD
I have the Fisher Indicator shown below the chart. I need an alert added for when the Fisher Indicator hits the 50 point at the end of each period. GBPUSD and EURUSD 4H charts are provided and I can provide additional
Project information
Budget
30 - 200 USD