FreelanceSections

Simple 3-EMA Trend Following EA with RR-Based Trailing Stop & Drawdown Protection

MQL5 Experts Forex Trading robot/indicator debugging

Job finished

Execution time 2 days
Feedback from employee
Lovely Nordic customer. He came with a clear request. He was polite and full of energy. Tnx for the job.
Feedback from customer
Zakri delivered a highly robust EA. Proven by 100% quality TDS backtests, the logic and risk management work flawlessly. Excellent communication and highly professional. Highly recommended!

Specification

​Job Description:
I am looking for a reliable developer to create a simple, clean Expert Advisor based ONLY on Exponential Moving Averages (EMA), candle closes, and strict risk management. No MACD, no SMC, no other indicator fluff.
​Core Features & Inputs:
​3 Custom EMAs: Fast EMA (e.g., 9), Slow EMA (e.g., 21), and Macro/Trend EMA (e.g., 200). All periods must be adjustable in the inputs.
​Money Management Mode: Switch between Fixed Lot Size (user-defined) or Auto Lot Size (Risk % per trade calculated automatically from account balance/equity).
​Take Profit (TP) Options: A flexible Take Profit feature with an ON/OFF toggle. If ON, the user can choose the TP method from a drop-down menu:
​In Pips/Points (e.g., a fixed target distance).
​In Account Percentage (%) (e.g., close the trade automatically when the profit reaches +2% of the total account balance).
​Max Drawdown Protection (%): A percentage-based equity protection feature (e.g., 3% or 5%). If the current account drawdown hits this threshold, the EA must immediately close all open positions and temporarily stop trading to protect the account.
​Advanced Risk Management:
​RR-Based Step Trailing Stop (ON/OFF): Instead of a standard pip-by-pip trailing stop, I need a Risk/Reward zone-based trailing stop.
​The EA calculates the initial Stop Loss distance (1R).
​When the trade reaches 1:1 RR profit -> Move SL to Break Even.
​When the trade reaches 1:2 RR profit -> Move SL to lock in 1:1 RR profit.
​When the trade reaches 1:3 RR profit -> Move SL to lock in 1:2 RR profit, and so on.
​Trading Logic:
​Initial Entry: When the Fast EMA crosses the Slow EMA. The EA should open a position ONLY when a candle closes confirming the direction (e.g., for a SHORT, Fast EMA crosses below Slow EMA, and the candle closes below the Fast EMA).
​Exit Logic: The EA must close the position when a candle closes on the opposite side of the Fast EMA OR if the Fixed Take Profit / Trailing Stop is hit.
​Re-entry (Pullback) Logic: If a position is closed by the EMA Exit Logic, BUT the larger trend is still valid (Fast EMA is still below Slow EMA for SHORT), the EA should re-open the trade if a new candle corrects itself and closes back in the trend direction (e.g., closes below the Fast EMA again).
​Please provide your price and estimated delivery time. Keep the code clean, efficient, and well-commented.

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Project information

Budget
50 - 100 USD
Deadline
to 5 day(s)