XAUUSD Grid Recovery Expert Advisor (MT4) – Fixed Lot, High Frequency

Job finished

Execution time 9 days
Feedback from employee
Thank you very much — it’s been a real pleasure working with you on Phase 1. I’m glad we’ve reached this stage together, and I truly appreciate the collaboration.
Feedback from customer
The developer delivered Phase 1 of our EA project professionally and according to the agreed specifications. Communication was clear and structured,

Specification

I am looking for an experienced MQL4 developer to build a professional XAUUSD (Gold) grid recovery Expert Advisor for MT4.

This is NOT a simple indicator or a basic grid EA.
I am looking for someone with proven experience in grid / recovery / high-frequency trading systems, preferably on Gold (XAUUSD).

GENERAL BEHAVIOR:
- Symbol: XAUUSD only
- Fixed lot size (no martingale, no lot multiplication)
- High-frequency market orders (no pending orders)
- Trades are opened continuously at different prices (never at the same price)
- Direction can change dynamically (buy/sell), but never hedge both directions within the same basket
- All trades in a basket are closed together

BASKET LOGIC:
- EA builds a basket of trades in one direction
- Basket closes when a configurable profit target is reached (small profit in USD)
- No intentional basket closing at a loss
- Loss may happen only due to fast market reversal during close execution
- No hard stop loss per trade

RISK & CONTROL REQUIREMENTS:
- Maximum allowed drawdown limit (configurable, e.g. 30%)
- Maximum number of open trades (configurable)
- Optional slowdown or pause of new trades when margin risk increases
- Trading hours configuration:
  - Ability to define trading hours
  - If a basket is already open, EA must continue managing and closing it even outside trading hours

PARAMETERS:
- All key values must be external inputs:
  - Lot size
  - Profit target per basket (USD)
  - Grid spacing logic
  - Max trades
  - Max drawdown
  - Trading hours
  - Safety / throttle logic

DELIVERABLES:
- Fully working MT4 Expert Advisor (.mq4 source code required)
- Clean, well-structured code
- No DLLs
- No external dependencies
- Basic usage documentation

IMPORTANT:
- This EA is for private use only
- No resale, no marketplace publishing
- Developer must have prior experience with grid / recovery systems

Please apply only if you have real experience with similar systems.
Generic proposals will be ignored.

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Project information

Budget
500 - 2500 USD
Deadline
from 7 to 14 day(s)