FreelanceSections

MT4/MT5 Recovery Grid EA with Opposite Pending Orders & Profit Target System

MQL5 Experts

Specification

Hello,

I need an Expert Advisor for both MT4 and MT5 based on a recovery/grid trading strategy.

Strategy Logic:

  • User manually opens either a Buy or Sell market order.

  • Once the first trade is opened, the EA automatically places an opposite pending order at a user-defined distance.

  • If the pending order gets triggered, the EA places another opposite pending order at the original order price.

  • This cycle continues automatically between both directions.

  • The system keeps running until the overall profit target is reached.

  • Once the profit target is achieved, all positions/orders close and the EA waits for a new manual entry.

Main Requirements:

  • Works on MT4 and MT5

  • Adjustable distance between orders

  • Adjustable profit target

  • Lot size settings

  • Maximum orders protection

  • Drawdown/risk protection

  • On-chart panel preferred

  • Clean and stable execution logic

Symbol focus: XAUUSD, but should support other symbols as well.

Please let me know if you can develop this and provide an estimated price and delivery time.


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Project information

Budget
30 - 60 USD
Deadline
from 1 to 3 day(s)

Customer

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