MT5 EA Needed – Breakout Strategy with Flip Logic & Risk Management

MQL5 Experts

Job finished

Execution time 15 hours
Feedback from customer
great work
Feedback from employee
Great guy, good communicator Pleasure working with Pascal!

Specification

I need an experienced MQL5 developer to build a MetaTrader 5 Expert Advisor (EA) based on a simple breakout strategy.


STRATEGY DETAILS:


Timeframe: M5

Use candle close only (no repainting)


Entry Rules:


  • Buy when previous candle closes above its high (breakout)
  • Sell when previous candle closes below its low (breakout)



Exit Rules:


  • Close current trade and open opposite trade on reverse signal (flip logic)



Trade Rules:


  • Only one trade at a time
  • Only one action per candle



Risk Management:


  • Dynamic lot size based on risk (0.5% – 1%)
  • Stop Loss and Take Profit (user adjustable)



Extra Features Required:


  • Anti-spike protection (important for synthetic indices)
  • Fast execution (low delay)
  • Error handling (slippage, requotes, etc.)
  • Clean and optimized code



Inputs Needed:


  • Risk %
  • Stop Loss
  • Take Profit
  • Enable/Disable flip logic



Deliverables:


  • Fully working EA (.mq5 and .ex5)
  • Instructions for installation
  • Backtesting results
  • Minor support after delivery



Only apply if you have experience with MT5 EAs. Please include examples of previous work.


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Project information

Budget
50+ USD