Specification
I need a professional MT5 Expert Advisor (fully automated trading robot) for scalping on M1 timeframe.
1. General Requirements
Platform: MetaTrader 5
Type: Fully automated EA (no manual confirmation)
Timeframe: M1 only
Symbols: XAUUSD, BTCUSD, USDCAD
Must support running on multiple charts simultaneously
Clean, optimized, and low-latency execution logic
2. Strategy Logic (Scalping Model)
The EA should use:
Trend + Momentum + Volatility confirmation
Indicators:
EMA 50 (trend direction)
EMA 200 (major trend filter)
RSI (14)
ATR (14) for dynamic stop loss
Optional spread filter
3. Buy Conditions
EMA 50 above EMA 200
Price above EMA 50
RSI above 55
Spread below maximum allowed value
No open buy position
4. Sell Conditions
EMA 50 below EMA 200
Price below EMA 50
RSI below 45
Spread below maximum allowed value
No open sell position
5. Risk Management
Must include:
Fixed lot OR auto lot based on % risk
Risk per trade: Adjustable (default 1%)
Stop Loss: ATR-based (e.g., 1.5 × ATR)
Take Profit: Risk:Reward ratio adjustable (default 1:1.5)
Trailing stop (optional, adjustable)
Break-even function
Daily max loss limit
Max trades per day
Max spread filter (important for BTC & Gold)
6. Trade Management Features
One trade per direction at a time
Magic number input
Trading session filter (London & New York sessions)
News filter (optional but preferred)
Slippage control
Equity protection (close all trades if drawdown % reached)
7. Dashboard & Alerts
On-chart dashboard showing:
Current trend
Spread
ATR value
Lot size
Daily profit/loss
Push notification
Alert when trade opens/closes
8. Optimization & Performance
Optimizable inputs
Must work efficiently on M1
Backtest compatible with MT5 Strategy Tester
Code must be clean and well-structured
9. Delivery Requirements
Source code (.mq5 file)
Compiled file (.ex5)
Installation instructions
Short user guide explaining inputs
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Project information
Budget
30+ USD
Deadline
from 1 to 10 day(s)