MT5 EA Development Project

Specification

Project Scope
Development of a fully automated, conservative, institutional-style Expert Advisor for MT5 trading XAUUSD, designed with strict capital preservation and mathematically structured risk management.
• Symbol input will be fully configurable to support broker-specific suffixes/prefixes (example: XAUUSD.a, XAUUSDm) and automatically adapt to different digit formats.

Core Strategy Logic
• Higher-timeframe trend confirmation combined with session-based volatility breakout logic
• One trade per configurable session (London and/or New York)
• Adaptive filters to reduce trading during unfavorable market conditions
• Spread and volatility protection filters

Risk Management Framework
• Configurable Risk-to-Reward ratio (default 1:2 conservative model)
• Balance-based position sizing (institutional-style risk %)
• Configurable maximum risk per trade
• Hard maximum drawdown protection (percentage-based shutdown)
• Consecutive loss protection (automatic stop after defined losing streak)
• Equity protection and trading suspension system

Session & Schedule Control (High Priority)
• Fully configurable time zone settings
• Independent London and New York session filters
• Strict one-trade-per-session limitation
• Ability to enable/disable sessions individually

Capital Model
• Optimized for starting balance of $1,000
• Designed for periodic deposits
• Conservative growth profile prioritizing account longevity over aggressive returns

Future Expansion
The architecture will be built in a modular structure to allow future adaptation to cTrader with minimal redevelopment if performance meets expectations.

Delivery
• Fully compiled MT5 EA
• Optional source code


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Project information

Budget
30 - 50 USD

Customer

Placed orders1
Arbitrage count0