Expert Advisor (EA) for Daily Forex Mean Reversion + Anti-Martingale Strategy with Fixed Lot Size and Adjustable Symbol

MQL5 Experts

Specification

I need a fully automated Expert Advisor (EA) for MetaTrader 4 or MetaTrader 5.

Strategy Overview:

  • Trading Instrument: User adjustable (input parameter). Default can be EUR/USD.

  • Trade Time: Every day at exactly 11:00 AM (broker server time).

  • Position Size: Fixed lot size (NOT percentage-based). Default = 0.01 lot. This must be an adjustable input parameter.

Trading Rules (Step by Step):

Day 1 (Initial Trade):

  • Open either a BUY or SELL position (manually decided or random start – I will provide initial direction).

  • Use the fixed lot size (e.g., 0.01 lot) for this and every trade.

  • No stop-loss, no take-profit in the entire strategy.

From Day 2 onwards (Loop Logic):

  1. Every day at 11:00 AM (broker time) → Check the current open position(s).

  2. CASE A – The position(s) are in PROFIT (floating profit > 0):

    • Close ALL open positions immediately.

    • Then, on the same day at 11:00 AM (right after closing), open a NEW trade in the OPPOSITE direction (if long was closed, open short and vice versa).

    • Position size: The same fixed lot size (e.g., 0.01 lot).

  3. CASE B – The position(s) are in LOSS (floating loss < 0):

    • DO NOT close the losing position(s).

    • ADD a new position in the EXACT SAME direction as the existing losing position(s).

    • Position size for the new addition: The same fixed lot size (e.g., another 0.01 lot).

    • DO NOT close anything on that day.

Repeat this loop every day.

  • Profit day → Close all → Reverse direction → Open new fixed lot trade.

  • Loss day → Keep existing → Add another fixed lot trade in same direction.

Important Clarifications:

  • No stop-loss, no take-profit anywhere. Trades are only closed when a profit day occurs (Case A).

  • No maximum number of consecutive loss days initially – but please add a safety parameter where I can set a maximum number of consecutive same-direction additions (e.g., stop after 5 losses and close all).

  • Lot size: Fixed lot (e.g., 0.01). Must be adjustable by me via EA inputs.

  • Symbol (Parite): Must be adjustable by me via EA inputs. Default EUR/USD, but I can change to GBP/USD, AUD/USD, etc.

  • Swap/commission/spread: Ignore for strategy logic – EA should only act on floating P&L.

Broker Time Zone: I will set the correct GMT offset in EA inputs. Please add an input parameter for "Trade Hour" (default = 11:00) so I can adjust if needed.

Input Parameters (must be user adjustable):

  • Trade hour (default: 11:00)

  • Fixed lot size (default: 0.01)

  • Trading symbol (default: "EUR/USD")

  • Maximum consecutive same-direction additions (default: 0 = unlimited, but I want a number input like 5)

  • Magic number (for identifying EA's orders)

Testing Requirement:

  • Provide backtest report (2024–2025) on EUR/USD, H1 timeframe, using 0.01 fixed lot, showing all trades according to the logic above.

Delivery Format:

  • Source code (.mq4 or .mq5) + compiled .ex4/.ex5 file.

  • Clear comments in code.

Budget: Open to offers. Please quote your price and delivery time.

I will provide the initial direction (BUY or SELL) before first run.

Thank you.


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