Job finished
Execution time 2 hours
Feedback from customer
A very reliable developer to work with, I have done a couple of projects with him and he delivered fast and quality. I'd definitely continue with him from now on
Feedback from employee
Very detailed client to work with, love working with him.
Specification
## 🧠 *Expert Advisor (EA) Requirements: Cycle-Based Recovery System for MT5*
### 1. *Trade Entry Logic*
* The EA will *open trades based on 2 or 3 indicators* of the user’s choice (for example: RSI, Moving Average, MACD, etc.).
* The *trade direction (Buy or Sell)* will be determined by the combined signal from these indicators.
* Users can *select which indicators* to use and *configure their parameters* in the EA input settings.
---
### 2. *Take Profit (TP) Configuration*
* Each trade will have its own *Take Profit (TP), which is **user-defined and changeable* in the inputs.
* The TP value can be in *points/pips* depending on the chart symbol.
---
### 3. *Trade Cycle System*
* The EA operates in *cycles* consisting of a *fixed number of trades* (for example: 3, 5, 10 trades per cycle as per my choice).
* The *number of trades in each cycle* is *user-adjustable*. Cycle means hedge-max-cycle.
---
### 4. *Zone Recovery Mechanism*
* If the *TP of the current trade is not hit, or the **trade goes into loss*, the EA will:
* Open a *new trade in the opposite direction* (counter-trade) according to a *zone recovery distance* (user-defined “zone value” in points/pips).
* Each new trade in the cycle attempts to *recover the loss* of previous trades.
* This process continues *until all trades in the current cycle are opened* (e.g., up to 9 trades if 10 are set for the cycle).
---
### 5. *Final (Last) Trade Logic*
* For the *last trade in the cycle, there will be an additional option for **Stop Loss (SL)*.
* This SL is used as a *safety mechanism* to limit overall loss if the recovery sequence fails.
* If this SL is hit, the *entire cycle stops* and waits for the next signal from the indicators to start a new cycle.
---
### 6. *Cycle Closure*
* If the *TP of any trade* within the cycle is hit and the *overall profit target* (or recovery) is achieved:
* The *entire running cycle closes* immediately.
* The EA does *not open further trades* until a *new cycle* is started by the next valid signal from the indicators.
---
### 7. *New Cycle Start*
* Once a cycle ends (either by hitting TP or SL),
* The EA will *wait for a fresh signal* from the indicators.
* A *new cycle starts* according to the current trend direction (Buy or Sell) indicated by the selected indicators.
---
### 8. *Configurable Inputs*
All the following parameters must be user-adjustable:
* Magic Number
* Lot Size (fixed or progressive)
* Indicators selection & parameters (2–3 indicators)
* Take Profit (TP)
* Stop Loss (SL)
* Zone Recovery Distance (in points/pips)
* Number of Trades per Cycle
* Option to enable/disable opposite trade opening
* Option to close all trades when total cycle profit reaches a certain amount
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Project information
Budget
35 - 45 USD
Deadline
from 1 to 2 day(s)