Looking for an MT5 Developer to Build an EA (Hedging Strategy)

MQL5 Experts

Specification

I’m looking for an experienced MT5 developer to build an Expert Advisor based on the hedging strategy and logic outlined below.

Strategy Overview

The EA will open both Buy and Sell positions simultaneously and adjust lot sizes depending on which order hits TP or SL.

Basic Rules

  • Initial lot size: 0.01

  • Take Profit: 20 pips (adjustable)

  • Stop Loss: 20 pips (adjustable)

  • Platform: MT5

At every cycle, one position will hit TP and the other will hit SL. The EA will then open the next set of trades with adjusted lot sizes.

Trade Logic

1st Entry

  • Buy 0.01

  • Sell 0.01

  • TP/SL: 20 pips

One order hits TP, the other hits SL.


2nd Entry
If the Buy hits SL, open:

  • Buy 0.02

  • Sell 0.01

TP/SL: 20 pips.


3rd Entry
If the Buy hits SL again, open:

  • Buy 0.03

  • Sell 0.01

TP/SL: 20 pips.


4th Entry
If Buy hits TP and Sell hits SL, open:

  • Buy 0.03

  • Sell 0.02

TP/SL: 20 pips.


5th Entry
If Buy hits TP and Sell hits SL, open:

  • Buy 0.02

  • Sell 0.03

TP/SL: 20 pips.


6th Entry
If Buy hits SL and Sell hits TP, open:

  • Buy 0.03

  • Sell 0.02

TP/SL: 20 pips.


Additional Notes

  • The sequence should continue dynamically based on which side hits TP or SL.

  • The EA must manage lot size adjustments automatically.

  • The logic should repeat continuously following the same rules.

Requirements

  • MT5 EA with source code (.mq5)

  • Clean, well-structured code

  • Ability to test in Strategy Tester

If you have experience building hedging or position management EAs, please feel free to reach out.


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