MT5 Prop Firm Trend Following EA (Eur/USD and USD/JPY, Risk-Controlled)

Project Overview

I am looking for an experienced MQL5 developer to build a custom, prop-firm-compliant trend-following Expert Advisor (EA) for MetaTrader 5.

This EA will be used on prop firm accounts (e.g., FTMO-style rules), so strict risk control and rule compliance are mandatory.
This is NOT a grid, martingale, scalping, or recovery EA.

The goal is consistency, rule compliance, and capital preservation, not aggressive returns.

Markets & Timeframes

• Platform: MetaTrader 5 (MT5)

• Pairs:

  • EURUSD

  • USDJPY

• Signal timeframe: H1

• Higher-timeframe trend filter:

Core Strategy Logic

Trend-following only

1. Higher-timeframe trend filter (H4):

   • EMA 50 vs EMA 200

   • Buy only if EMA50 > EMA200 and price above EMA50

   • Sell only if EMA50 < EMA200 and price below EMA50

2. Pullback condition (H1):

   • RSI(14) pullback (buy pullback ≤ 40, sell pullback ≥ 60)

3. Entry trigger (H1):

   • Breakout of recent structure (highest high / lowest low of last N candles)

   • Optional ATR buffer to avoid false breakouts

Risk & Trade Management (NON-NEGOTIABLE)

• Risk per trade: input (default 0.25%)

• Position sizing: automatic, based on SL distance and risk %

• Stop loss: ATR-based

• Take profit: ATR-based (minimum R:R ≈ 1:1.3 or better)

• Breakeven logic: optional, after defined R multiple

• Trailing stop: ATR-based (optional input

Prop-Firm Safety Rules (MANDATORY)

• ❌ NO martingale

• ❌ NO grid

• ❌ NO hedging

• ❌ NO trade stacking

• ❌ NO recovery logic

Hard limits to be implemented in code:

• Max 1 open trade per symbol

• Max 1 trade per day per symbol

• Daily loss cap (input, default 1%)

  • EA must disable trading until next day if hit

• Weekly loss cap (optional input)

• Spread filter

• Session filter (London + New York only

Additional Requirements

• On-chart dashboard/panel showing:

  • Trading enabled / disabled

  • Daily P/L %

  • Weekly P/L %

  • Current trend state (bull/bear/flat)

• Detailed journal logging explaining:

  • Why a trade was entered

  • Why a trade was skipped

• Clean, readable code (no obfuscation)

Deliverables

• Full source code ( .mq5 )

• Compiled file ( .ex5 )

• Input preset file

• Brief user guide explaining inputs and logic

Budget & Timeline

• Budget: $250 – $350 USD

• Timeline: 5–7 days

• Revisions included if specs are met but minor fixes are needed

Important Notes

• I am hiring a developer, not looking for profit guarantees.

• Any EA using grid, martingale, or hidden recovery logic will be rejected.

• Payment will be released only after testing confirms all requirements are met.