Specification
Project description:
Development of a high-precision scalping Expert Advisor (EA), optimized for small capital accounts (starting from 50 USD) with 1:30 leverage on the IC Markets broker platform. The EA should be ready for use on both demo and live accounts, with pre-optimized settings, but with the flexibility to adjust all parameters.
Mandatory technical requirements (all must be demonstrated in a working demo):
1. Trading strategy:
· Scalping on XAU/USD (gold) and major currency pairs (EURUSD, GBPUSD, etc.)
· Timeframe: M1 to M15
· One signal = one position (no opening multiple positions for the same signal)
· Entry logic based on a combination of: EMA (adjustable period), RSI and Momentum
· No Martingale, no Grid, no hedge - trading strictly based on signals
2. Risk and capital management (CRITIC):
· Dynamic and adaptive TP (Take Profit) and SL (Stop Loss) based on:
· Market volatility (using ATR)
· Trend direction
· Momentum level
· Profit management functions:
· Dynamic Trailing Stop (with progressive activation)
· Breakeven function (moving SL to the breakeven point)
· Partial position closure (with percentage configured)
· Risk per trade configured in several ways:
· Fixed lot or dynamic lot based on percentage of balance
· Calculation option according to Kelly Criterion - with mandatory maximum risk limit (to protect small accounts)
· Protection limitations:
· Maximum number of trades per day (set by the user)
· Maximum daily drawdown - after reaching the limit, the EA automatically stops until the next day
· Mandatory pause ("cooling time") after a certain number of consecutive losses
3. Filters and trading conditions:
· Trading session filter (London, New York - with the possibility of setting custom hours)
· Advanced technical filters: maximum allowable spread, time gauge between trades, volume check
· Trading block during important news periods (optional, but preferred)
4. Interface and reporting:
· Real-time statistics display on the chart:
· Daily profit/loss
· Number of open/closed trades
· Current drawdown
· Win rate
· Other relevant metrics (RRR, etc.)
Mandatory deliverables (no exceptions):
1. Full source code (.mq5) - without restrictions, with full rights to use and modify
2. Compiled file (.ex5) ready to use
3. Pre-optimized default settings for 50 USD accounts with 1:30 leverage (tested in conditions as close to reality as possible)
4. Backtest report for a minimum of 3 years on XAU/USD, with verifiable results and equity curve graphs
5. Technical support for 12 months from the date of delivery (for bugs and compatibility updates with the MT5 platform)Selection and collaboration process:
1. Stage 1 (screening): All candidates must submit a portfolio of similar completed projects (scalping EAs) and, if possible, results of demo/live trading.
2. Stage 2 (Demo Required): The selected candidate will create a limited demo version of the EA that will run on our IC Markets demo account (with $50 capital, 1:30 leverage) for a minimum of 3 days of continuous trading. The demo must show all listed functionalities.
3. Stage 3 (Code Verification): After the demo, a section of the source code will be verified to confirm the absence of martingale/grid logic and the correct implementation of risk management.
4. Stage 4 (Finalization): After approval, the EA is finalized, all materials are delivered and payment is made.
Budget: over $30
Kelly Criterion - clarification: The implementation must include an upper limit on the fraction of capital at risk (e.g. max 2-5% per trade) to prevent high risks on small accounts.
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Project information
Budget
30+ USD
VAT (21%):
6.3
USD
Total:
36
USD
For the developer
27
USD
Deadline
to 2 day(s)
Customer
Placed orders2
Arbitrage count0