MT5 EA Manual Recovery Strategy with Break Even Logic

Job finished

Execution time 4 minutes
Feedback from customer
Professional and highly skilled trading software developer. Reliable, fast, and easy to work with. Highly recommended!
Feedback from employee
Professional and great person. It's a pleasure to work with him. Thanks for your order!

Specification

Hello,

I need an MT5 Expert Advisor (EA) based on a manual-trigger recovery strategy.

IMPORTANT:
- Manual trigger only
- No auto-start
- No looping
- No martingale
- One complete cycle per START button click only

MAIN FEATURES:

1. PANEL BUTTONS
- START button on chart
- CLOSE ALL button on chart

2. INITIAL TRADES (when START is pressed)
Open simultaneously:
- 1 BUY market order
- 1 SELL market order

Parameters:
- Initial lot size = configurable
- Take Profit = 90 pips
- Stop Loss = 30 pips

3. RECOVERY PENDING ORDERS
Place:
- BUY STOP
- SELL STOP

Recovery rules:
- Trigger 10 pips before the Stop Loss of the opposite initial trade
- Recovery TP = 10 pips
- Recovery SL = 20 pips
- Recovery lot size = 3x initial lot

4. BREAK EVEN LOGIC
When either recovery order is triggered:
- Move BOTH original BUY and SELL trades immediately to Break Even.

5. RECOVERY OUTCOME LOGIC

If recovery order hits TP:
- One original trade will naturally hit its SL because of price symmetry.
- The other original trade remains active.
- The opposite pending recovery order remains active.

If recovery order hits SL:
- Both original trades should already be at Break Even.
- Cancel the remaining pending recovery order.
- End the entire cycle.

6. FINAL RULES
- No automatic restart
- No repeated cycles
- Only manual START allowed
- Include source code (.mq5)
- No DLL
- No expiry/license system

Please confirm:
- Estimated price
- Delivery time
- If you can provide backtest/demo

Thank you.

Responded

1
Developer 1
Rating
(611)
Projects
713
33%
Arbitration
46
48% / 41%
Overdue
14
2%
Busy
2
Developer 2
Rating
(395)
Projects
556
41%
Arbitration
30
57% / 3%
Overdue
57
10%
Free
Published: 11 codes
3
Developer 3
Rating
(17)
Projects
23
30%
Arbitration
3
33% / 67%
Overdue
3
13%
Free
4
Developer 4
Rating
(14)
Projects
18
22%
Arbitration
2
50% / 0%
Overdue
4
22%
Loaded
5
Developer 5
Rating
(298)
Projects
478
40%
Arbitration
105
40% / 24%
Overdue
82
17%
Loaded
Published: 2 codes
6
Developer 6
Rating
(28)
Projects
34
35%
Arbitration
0
Overdue
2
6%
Free
7
Developer 7
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free

Project information

Budget
30 - 50 USD
Deadline
from 2 to 5 day(s)