FreelanceSections

Development of Expert Advisor and an indicator in both MT5 and MT4

MQL5 Experts

Specification

I am seeking a highly skilled developer to build a fully functional Expert Advisor for BOTH MetaTrader 4 (MQL4) or MetaTrader 5 (MQL5).

PLATFORMS & DELIVERY

  • MT4 EA (MQL4)
  • MT5 EA (MQL5)
  • Full source code + compiled files
  • Clean, structured, well-commented code
  • Installation + setup instructions


SYMBOLS

  • XAUUSD (Gold)

TRADING MODES

  1. CONTINUOUS MODE (24/7)
  • Trades whenever conditions are met
  • No profit cap
  • Still respects all risk limits

  1. DAILY TARGET MODE
  • Input: DailyTargetPercent (default 15%)
  • Stops opening new trades once daily net profit target is reached
  • Automatically pauses until manually restarted or next trading day

STRATEGY REQUIREMENTS

  • Rule-based, testable logic (no fake “guaranteed profit” claims)
  • Long and short trades
  • Single or multiple trade support
  • Trend + confirmation based entries (developer may propose logic)
  • Optional scalping logic
  • Configurable timeframe

RISK MANAGEMENT (NON-NEGOTIABLE)

  • Fixed or risk-based lot sizing
  • Stop loss (fixed or ATR-based)
  • Take profit (fixed or dynamic)
  • Trailing stop (optional)
  • Break-even (optional)

SAFETY PROTECTIONS

  • Max spread filter
  • Max daily loss % (auto shutdown)
  • Max drawdown % (auto shutdown)
  • Max consecutive losses (pause trading)
  • Equity protection (close all if hit)

TRADE CONTROL

  • Max open trades per symbol
  • Cooldown time between trades
  • News/time session filters (optional)

DASHBOARD & ALERTS

  • On-chart panel displaying:
    • Current mode
    • Spread
    • Trend state
    • Quarter-level proximity
    • Daily profit/loss
    • Drawdown
  • Alerts for:
    • Trade open/close
    • Daily target reached
    • Daily loss limit reached

BACKTESTING REQUIREMENTS

  • Must be fully backtestable in MT4/MT5 Strategy Tester
  • Provide backtest results for XAUUSD
  • Include profit factor, win rate, max drawdown, trade count

IMPORTANT NOTES

  • Focus on stability, precision, profit and risk control
  • Code must be scalable for future strategy upgrades

Please confirm:

  1. You can build this for MT4 or MT5
  2. You understand quarter-point logic
  3. Estimated delivery time
  4. Cost


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Project information

Budget
30 - 1000 USD