Specification
Hello! I'm looking to hire a developer to create a custom trading bot for MetaTrader 5 (MT5) that automates hedged trading across two separate MT5 accounts (e.g., one for a prop firm and one for a broker). The bot should open opposite positions simultaneously on both accounts, with customizable parameters for lot sizes, stop-loss (SL), and take-profit (TP). It needs to support both market orders and pending orders, and allow easy credential changes for different brokers/prop firms.
Core Functionality:
Simultaneous Position Opening: The bot opens two positions at the same time—one on MT5 Account #1 (e.g., prop firm) and an opposite one on MT5 Account #2 (e.g., broker).
If I select BUY on Account #1, it opens SELL on Account #2 (and vice versa).
Order Types:
Market Orders: Executes immediately at current market price.
Pending Orders: Allows me to set a specific entry price on Account #1, and the bot automatically mirrors the opposite position on Account #2.
Risk Management (SL/TP):
I input distances in points (MT5's smallest price increment) from the entry price for SL and TP on Account #1.
The bot inverts these for Account #2: TP on #1 becomes SL on #2, and SL on #1 becomes TP on #2.
Lot Sizing:
Separate inputs for lot size on Account #1 (prop) and Account #2 (broker), allowing proportional scaling (e.g., to match account balances or risk levels).
Closing Positions: A simple function to close both positions simultaneously on both MT5 accounts with one command (e.g., via a dedicated input parameter or hotkey/button in the bot interface).
User Inputs (via Bot Parameters):
Trade direction: BUY or SELL.
Order type: Market or Pending (with entry price for pending).
SL distance (in points) from entry.
TP distance (in points) from entry.
Lot size for Account #1 (prop).
Lot size for Account #2 (broker).
Close both positions (boolean or command trigger for simultaneous closure).
Additional Requirements:
Account Flexibility: The bot should allow me to easily update login credentials (server, login, password) for both accounts independently, so I can switch brokers or prop firms without recoding.
Purpose: This is for proportional hedging between a prop firm account and a broker account to manage risk across platforms.
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Project information
Budget
30 - 40 USD
Deadline
from 1 to 4 day(s)