MT4 EA – Break & Retest Strategy (XAUUSD Gold)

Specification

I am looking for an MT4 Expert Advisor (EA) for XAUUSD based on a break and retest trading strategy. The EA should use H1 timeframe to determine overall market direction and M5 timeframe for precise trade execution.


The system must identify fresh support and resistance zones from recent price swings and wait for a proper retest before allowing any trade. Entries should only be taken after a clear rejection candle forms on M5, confirming the move.


Risk management is very important. Stop loss should be placed beyond the rejection wick with a buffer, and take profit should be set at a 2R target. There should also be options for fixed lot size or percentage risk per trade, along with optional break-even functionality.


The EA must include filters such as trading hours (07:00–20:00 UK), Friday cutoff, spread filter, ATR or low volatility filter, and a maximum of 5 trades per day. Only one trade should be open at a time.


A full and detailed specification is attached in the .txt file. Please review it carefully and confirm full understanding before starting development.


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Project information

Budget
80 - 150 USD
Deadline
from 3 to 7 day(s)