MT5 Expert Advisor (EA) – Fully Automated Trading Bot

Specification


Pair: XAUUSD
Timeframe: M1
Platform: MetaTrader 5

Project Overview

I need a fully automated MT5 Expert Advisor (EA) that trades XAUUSD on the M1 timeframe using a combination of RSI Divergence and 5 EMA trend filter. The EA should handle trade execution, risk management, and position management automatically, without manual intervention.


Trading Strategy Logic

1. Indicators

  • RSI Divergence

    • Logic similar to common TradingView RSI Divergence indicators

    • Detect bullish divergence and bearish divergence

  • 5 EMA

    • Used as a trend/filter condition

2. Buy Conditions

  • Bullish RSI divergence is confirmed

  • Price is above 5 EMA

  • Entry on candle close confirmation

3. Sell Conditions

  • Bearish RSI divergence is confirmed

  • Price is below 5 EMA

  • Entry on candle close confirmation


Risk & Trade Management

  • Fixed or percentage-based risk per trade (input parameter)

  • Automatic lot size calculation based on risk

  • Configurable Stop Loss and Take Profit

  • Option for Risk:Reward = 1:1 (input-based

  • No martingale, no grid


General Requirements

  • Fully automated (24/5 operation)

  • Clean, well-structured MQL5 code

  • All key values should be input parameters

    • RSI period

    • EMA period (default 5)

    • Risk %

    • SL / TP

  • No repainting logic

  • Must work smoothly on M1 XAUUSD


Deliverables

  • MT5 Expert Advisor (.ex5 + source code if possible)

  • Instructions on how to install and use

  • Basic backtest / explanation of logic


Optional (Nice to Have)

  • Trading time filter (London / NY sessions)

  • News filter (optional)

  • Simple on-chart stats (win/loss, RR, trades count)


Important Note

This EA must strictly follow the defined strategy and should not add extra filters or logic unless discussed.


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Project information

Budget
30+ USD
Deadline
from 1 to 7 day(s)