To create a MT4 EA specifically to be used for XAUUSD.

Job finished

Execution time 2 days
Feedback from customer
Coder is well versed in coding. He is well recommended to do any job. Thank you sir.
Feedback from employee
Great working with him, know what he wants fast in payment thank you

Specification

Hey good day.

Allow me to explain my strategy. The strategy itself is not yet complete and I'm still trying to find the best confirguration.
But nonetheless here it is.

First Step is for EA to mark out the high and low of the first hour candle of XAUUSD once it opens for the day or the new day.

Picture 1

From Picture 1, we can all obviously see the period separator. That shows the end of the day and the start of the new day.
Since this is in M5, 12 X M5 candle equals to H1 thus that grey shaded box is the first hour.
EA will need to know the first hour Highest point and Lowest Point.

Pic 2


Now that EA has determine the first hour high and low, all it needs to do is wait for any candle to CLOSE ABOVE or CLOSE BELOW (in M5).

If close above high, EA will open Buy.
If close below low, EA will open Sell.
For lot size, please make an input for me. "First lot = "
If i were to insert 0.1, EA will only enter 0.1 lot size and nothing more.


For exit?
Kindly set TP 125 pips once EA opened an order.

Once hit TP, EA will NOT open any more order for the day and WAIT for the next day.

There are days when market will close below and close above the zones. Hence this next step is crucial too. The counter strategy.


Picture 3


I will now explain Picture 3 (counter strategy)

So firstly, EA will opened a sell order. As it was first seen a close below the zone. 
Along the way, TP of 125 pips failed to be reached and a close above the zone was seen from the picture.
Once such senario occurs, EA will close the first position of sell at a loss and opened a COUNTER buy order. 
At what lot size? Same as the input command from earlier above, EA will let me insert " First Lot =" and "Second Lot ="

Tp now for 2nd position instead of 125 pips, program the EA to TP 300 pips.


Picture 4


Kindly Program the EA for maximum "tries" of 3 per day. Limit the EA to only 3 times per day as picture above.
So far my backtesting, maximum number of fail is only 2 hence when i test, the 3rd entry it will always move to TP.


Picture above shows First Entry sell failed.
Second Entry Buy failed.
Third entry Sell was opened. 

 

And price dropped 650 pips.


Like the command input for 1st Lot, 2nd lot, kindly also allow me to command the EA the lot size for the 3rd and final entry.

Once 3rd entry was triggered, program the EA to TP the third entry at 300 pips.


Important

- EA is in MT4

- Maximum "tries" per day is limit to 3.

- First Entry TP = 125 pips

- 2nd and 3rd Entry TP = 300 pips

- EA require my input for 1st, 2nd and 3rd lot size before the Smiley Face emerge.

- Once TP, EA will relax and wait for the next day signal zone.


There are days when i see market can give alot of pips even if it's on the first entry.
You can try and see for yourself.
Hence I'm open if you have any suggestions on trailing stop or how to maximize the profits.

Let me know if this EA can be done for XAUUSD, M5. Thank you.





Files:

JPG
k1.jpg
293.7 Kb
JPG
72.jpg
299.9 Kb
JPG
1.jpg
292.9 Kb
JPG
2.jpg
261.8 Kb

Responded

1
Developer 1
Rating
(293)
Projects
365
30%
Arbitration
37
27% / 65%
Overdue
10
3%
Loaded
Published: 10 codes
2
Developer 2
Rating
(22)
Projects
28
7%
Arbitration
9
33% / 33%
Overdue
1
4%
Working
3
Developer 3
Rating
(31)
Projects
38
53%
Arbitration
2
50% / 50%
Overdue
3
8%
Free
4
Developer 4
Rating
(62)
Projects
90
29%
Arbitration
24
13% / 58%
Overdue
7
8%
Working
5
Developer 5
Rating
(511)
Projects
978
74%
Arbitration
27
19% / 67%
Overdue
100
10%
Free
Published: 1 article, 6 codes
6
Developer 6
Rating
(2351)
Projects
2958
63%
Arbitration
125
44% / 26%
Overdue
429
15%
Free
7
Developer 7
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
8
Developer 8
Rating
(12)
Projects
47
85%
Arbitration
1
0% / 100%
Overdue
9
19%
Free
9
Developer 9
Rating
(2)
Projects
1
0%
Arbitration
1
0% / 100%
Overdue
0
Free
10
Developer 10
Rating
(19)
Projects
22
18%
Arbitration
9
33% / 44%
Overdue
3
14%
Working
Published: 1 code
11
Developer 11
Rating
(13)
Projects
23
39%
Arbitration
8
0% / 50%
Overdue
4
17%
Free
12
Developer 12
Rating
(329)
Projects
334
72%
Arbitration
2
100% / 0%
Overdue
0
Free
Published: 1 code
13
Developer 13
Rating
(648)
Projects
876
48%
Arbitration
29
38% / 17%
Overdue
63
7%
Free
14
Developer 14
Rating
(636)
Projects
1008
47%
Arbitration
33
36% / 36%
Overdue
99
10%
Working
Published: 6 codes
15
Developer 15
Rating
(268)
Projects
603
34%
Arbitration
65
22% / 57%
Overdue
146
24%
Working
Published: 1 article, 22 codes
16
Developer 16
Rating
(74)
Projects
84
64%
Arbitration
5
100% / 0%
Overdue
9
11%
Free
17
Developer 17
Rating
(319)
Projects
574
35%
Arbitration
83
31% / 45%
Overdue
207
36%
Free
18
Developer 18
Rating
(1)
Projects
1
100%
Arbitration
0
Overdue
0
Free
19
Developer 19
Rating
(54)
Projects
68
43%
Arbitration
15
27% / 60%
Overdue
1
1%
Working
20
Developer 20
Rating
(162)
Projects
289
35%
Arbitration
18
22% / 61%
Overdue
43
15%
Free
21
Developer 21
Rating
(271)
Projects
553
50%
Arbitration
57
40% / 37%
Overdue
227
41%
Working
22
Developer 22
Rating
(2)
Projects
3
0%
Arbitration
0
Overdue
0
Free
23
Developer 23
Rating
(16)
Projects
17
47%
Arbitration
3
0% / 100%
Overdue
0
Free
Published: 1 article
24
Developer 24
Rating
(16)
Projects
35
23%
Arbitration
4
0% / 50%
Overdue
2
6%
Working
25
Developer 25
Rating
(87)
Projects
121
68%
Arbitration
5
80% / 0%
Overdue
12
10%
Working
26
Developer 26
Rating
(45)
Projects
63
52%
Arbitration
5
0% / 40%
Overdue
1
2%
Free
27
Developer 27
Rating
(298)
Projects
478
40%
Arbitration
105
40% / 24%
Overdue
82
17%
Loaded
Published: 2 codes
28
Developer 28
Rating
(78)
Projects
247
74%
Arbitration
7
100% / 0%
Overdue
1
0%
Free
Published: 2 articles, 1 code
29
Developer 29
Rating
(215)
Projects
280
21%
Arbitration
27
56% / 15%
Overdue
0
Loaded
30
Developer 30
Rating
(369)
Projects
459
55%
Arbitration
24
58% / 17%
Overdue
31
7%
Working
31
Developer 31
Rating
(19)
Projects
27
26%
Arbitration
2
0% / 100%
Overdue
2
7%
Free
32
Developer 32
Rating
(258)
Projects
396
28%
Arbitration
70
19% / 49%
Overdue
121
31%
Free
33
Developer 33
Rating
(4)
Projects
5
40%
Arbitration
1
0% / 0%
Overdue
0
Free
34
Developer 34
Rating
(4)
Projects
8
0%
Arbitration
3
33% / 67%
Overdue
4
50%
Free
Similar orders
The present project has two parts. Part 1. Please refer to attached folder 1.Past Week Input File Presently it uses Chrome browser. It should be converted to Microsoft Edge. Presently, there are UserID and Password attached to it. These should be replaced by a cmd prompt asking for UserID and Password. Price $15. Part 2. Please refer to folder 2.Weekly Schedule. For Part 2, You will need the file
Hello, I want to create a custom Expert Advisor (EA) for MetaTrader 5 based on 3 main confirmations: Market Structure & Price Action: Identify high time-frame trend direction (HL/LH). Chart Pattern: Detect classic continuous/reversal patterns (e.g. Cup and Handle, Double Bottom/Top) on trading timeframe. Volume Profile (PoC): Confirm entry when price breaks/retests the Point of Control (PoC) level. Risk Management &
I am looking for a highly skilled trading strategist and MQL5 developer with genuine experience in researching, designing, testing, and implementing systematic trading strategies. My primary interest is XAUUSD (Gold), although proven experience with other financial markets is also welcome. I am not looking for someone who simply converts trading rules into code. I want to identify a professional who understands
We’re looking for an investment partner to help fund AegisGoldAIPro , an algorithmic trading platform being developed for MetaTrader 5, initially focused on gold. We’re building a modular system that combines market-structure analysis with planned AI-assisted decision support, risk controls, and automated execution. What we are building is not just a basic trading robots that depend on only one indicator or strategy
Looking for a Complete Forex & Gold Signal System — Telegram Automation + Performance Tracking I’m looking for a complete automated trading signal solution for Forex pairs, including EUR/USD, GBP/USD and others, as well as gold (XAU/USD). Requirements: • An average of 2–3 quality signals per day across the selected instruments. Quality matters more than generating signals just to meet a quota. • A high win rate
I need a robot that will grow small accounts to bigger amounts like this one in this link, https://youtu.be/d38pMbJihew?si=3NeIOVyrlwDr4X_o. Please click the link and watch how this EA grow small accounts. Then create a robot like that. I will test it on demo first then if it does what i want, i will take it. Please it must be simply to use. It must set targets, for example, once it reaches $500 profit, it must
Here is a professional, detailed requirements specification draft for your MQL5 freelance order based on your prompt: ​ Strategy Objective: Develop an automated Expert Advisor (EA) featuring a 1:3 Risk-to-Reward ratio optimized for a small starting budget. ​ Core Trading Logic: ​Execute automatic Buy and Sell trades using high-probability entry signals. ​Target a strict 90% theoretical win-rate structure through
i want to fix my gold martingale bot MT5. RSI 14 ENTRY 30 BUY 70 SELL Lot 0.02 0.04 0.07 TP 150 for all SL 90 30 30 once total daily profit is 200$ stop trading stop trading once 2 consecutives total losses stop trading if spread exceeded 30 and between hour 15 & 17 PM Move SL to breakeven point once the profit exceeded 50 from from breakeven thanks
MarketMind Breakout Pro XAUUSD H1 — Donchian Breakout EA Project type: Personal EA development and backtesting Platform: MetaTrader 5 Instrument: XAUUSD Timeframe: H1 Strategy: Donchian Channel breakout with EMA 200 Project overview This project evaluates a Donchian breakout trading strategy for XAUUSD on the H1 timeframe. The system uses channel-based breakout conditions and an EMA 200 trend filter. Historical
The purpose of this order is ONLY to test and implement my H1 POI (Point of Interest) identification logic correctly. I am not requesting the complete EA at this stage. I will provide the exact rules for identifying the H1 POI after selecting the developer. The developer must convert those rules into clear, deterministic MQL5 logic. Requirements: Analyze H1 candles according to the rules I provide. Identify and mark

Project information

Budget
30 - 200 USD
Deadline
from 5 to 10 day(s)