FreelanceSections

EA for account Protection

MQL5 Indicators Experts Forex Trading robot/indicator debugging Strategy optimization Statistics and mathematics

Specification

Project Overview

I am looking for an experienced MT5 (MQL5) developer to modify an existing Account Protection EA and, if required, extend it with custom logic.

This is NOT a strategy or trading EA.
The EA is purely for risk management, drawdown protection, alerts, and trading lock, suitable for prop-firm and managed accounts.

Core Requirements

1. Alerts & Monitoring

  • Alert on trade entry and trade exit

  • Alert when floating (unrealized) drawdown reaches configurable levels
    (example: 1% and 1.85%)

  • Alert when overall realized drawdown reaches a defined level
    (example: 6.2%)

  • Alerts via:

    • MT5 popup

    • Push notification (mobile)

    • Sound (optional)

All percentages must be fully editable via EA inputs.

2. Drawdown Protection Logic

  • Automatically close all open trades when floating DD reaches a set %
    (example: 2.6%)

  • Automatically disable trading for the rest of the trading day when
    daily DD (floating + realized) reaches a defined % (example: 3.7%)

  • Trading lock must:

    • Apply to manual + EA trades

    • NOT be unlockable by the trader

    • Reset automatically on the next broker trading day

3. Trading Lock & Security

  • Ability to block new trades completely

  • Optional PIN / password protection for enabling or disabling trading

  • Trader using the account must not be able to bypass rules

  • Must work reliably on VPS

4. Flexibility & Controls

  • Enable / disable individual rules

  • Editable percentage values at any time

  • Option to include / exclude:

    • Swaps

    • Commissions

  • Server time vs local time handling

  • Clean and simple EA panel (GUI)

Technical Requirements

  • MT5 (MQL5) only

  • Clean, well-commented source code

  • No repainting, no strategy logic

  • Must support multiple symbols

  • Stable under frequent trading activity

  • Proper error handling and logs

Deliverables

  • Compiled EA + source code (.mq5)

  • Installation and usage instructions

  • Demo testing support

  • Willingness to make small refinements after testing

To Apply (IMPORTANT)

Please include:

  1. Examples of similar risk-management or account-protection EAs

  2. Confirmation you can modify existing EA code

  3. Estimated delivery time

  4. Fixed price or milestone suggestion

Generic bids will be ignored.


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Project information

Budget
50+ USD
Deadline
from 20 to 30 day(s)