Specification
MT5 Expert Advisor – XAUUSD Opening Range Breakout
I am looking for an experienced MQL5 developer to build a robust MT5 Expert Advisor.
STRATEGY DETAILS
• Instrument: XAUUSD
• Timeframe: M30
• Broker: Pepperstone (Spread Betting)
• Trading days: Monday–Friday only
OPENING RANGE
• Opening range candle: 07:00 – 07:30 UK time
• EA must automatically convert UK time to broker server time
• Record OR High and OR Low from this candle
ENTRY LOGIC
• Wait for a candle to close outside the OR range (breakout candle)
• Entry is taken at the close of the SECOND candle after the breakout
• Buy if breakout above OR High
• Sell if breakout below OR Low
• One trade per day maximum
RISK MANAGEMENT
• Fixed risk: $1 per pip
• Position size equivalent to 0.10 lot on XAUUSD
• Take Profit: 70 pips ($7) from confirmation candle close
• Stop Loss:
- Buy: OR Low
- Sell: OR High
REQUIREMENTS
• MT5 EA written in clean, well-commented MQL5
• Must support Pepperstone symbol naming
• One trade per day enforced
• No repainting logic
• Backtest report for last 12 months
• At least one round of revisions included
DELIVERABLES
• .mq5 source code
• Compiled .ex5 file
• Backtest report (HTML)
• Installation and usage instructions
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Project information
Budget
200 - 800 USD
Deadline
from 4 to 15 day(s)
Customer
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Arbitrage count0