Job finished
Execution time 1 day
Feedback from employee
Great client and friendly .. thanks for the order .. I hope we work again soon :)
Feedback from customer
very easy to communicate. kudos to this guy :))
Specification
Expert Advisor Specification (Updated Version)
Platform: MetaTrader 5
Pair: XAUUSD
Strategy: Trend Following Scalping
1. Timeframe Settings
EA must allow user to choose timeframe for trend detection.
Input parameter:
Trend_Timeframe (ENUM_TIMEFRAME)
Examples:
M5
M10
M15
M30
H1
Default: M10
Entry timeframe = chart timeframe
Example: If EA attached on M3 chart → entry signals use M3.
2. Indicators
Trend Indicator
Simple Moving Average (SMA)
Periods:
SMA 20
SMA 50
SMA 100
Trend Conditions
BUY TREND
SMA20 > SMA50 > SMA100
SELL TREND
SMA20 < SMA50 < SMA100
These SMA calculations must use Trend_Timeframe.
3. Trend Strength Filter
Indicator: ADX
Settings: Period = 14
Conditions:
BUY allowed when
ADX > 20
+DI > -DI
SELL allowed when
ADX > 20
-DI > +DI
ADX must also use Trend_Timeframe.
Purpose: Avoid weak trend and sideways market.
4. Entry Indicator
Stochastic Oscillator
Settings:
%K = 5
%D = 3
Slowing = 3
Levels
Oversold = 20
Overbought = 80
Re-entry zones
BUY zone = 50 – 60
SELL zone = 40 – 50
Stochastic must use chart timeframe.
5. First Entry Rules
Wait for candle closed
BUY Entry
Conditions:
Trend = BUY
(SMA20 > SMA50 > SMA100)
ADX filter valid
ADX > 20 and +DI > -DI
Stochastic condition
Previous value below 20
Cross upward above 20
EA opens BUY trade
SELL Entry
Conditions:
Trend = SELL
(SMA20 < SMA50 < SMA100)
ADX filter valid
ADX > 20 and -DI > +DI
Stochastic condition
Previous value above 80
Cross downward below 80
EA opens SELL trade
6. Re-entry System
BUY Re-entry
Conditions:
Trend still BUY
Stochastic retraces into 50 – 60 zone
Stochastic crosses upward again
EA opens additional BUY trade
SELL Re-entry
Conditions:
Trend still SELL
Stochastic retraces into 40 – 50 zone
Stochastic crosses downward again
EA opens additional SELL trade
7. Trade Settings
Inputs:
Lot Size
(default 0.01)
Multiplier
(default 1.1)
Take Profit
(default 300 – 500 points for gold)
Stop Loss
(optional)
Minimum distance between trades
(default 500 points)
8. Hedging
EA must allow BUY and SELL positions at the same time.
If trend changes, EA can open opposite direction trades.
9. Trading Filters
Spread Filter
Example: Max spread allowed
Trading Time
Start Hour
End Hour
10. Safety Rules
EA must include:
Magic Number
Works in Strategy Tester
Compatible with live trading
11. Files Required
Programmer must deliver:
EX5 file
MQ5 source code
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