EMA Hybrid Multi-Timeframe Trading Bot Specification for MT5

MQL5 Experts

Job finished

Execution time 1 day
Feedback from customer
Fluent and speedy communication and politeness in response

Specification

Looking for an experienced MQL5 developer to build a professional, fully automated Multi-Timeframe trend-following Expert Advisor for MT5. The system is asset-agnostic (Forex, Gold, Indices, Crypto, and Deriv Synthetics).

Core Technical Logic:

  1. Macro Trend (H4 & H1): Direction determined by Candle Close vs. EMA 200, and EMA 50 > EMA 200 crossover state.

  2. Market Structure Filter (H1): Algorithmic Higher-Highs/Higher-Lows validation mapped dynamically via the built-in iFractals indicator.

  3. Trend Strength: Filtered via H1 ADX(14) > 25.

  4. Setup (M15): Price pullback/penetration into the M15 EMA 10, 23, or 50 stack.

  5. Confirmation (M15): Programmatic verification of Bullish/Bearish Engulfing or Rejection candles (using precise OHLC math).

  6. Execution Trigger (M5): Market-on-close entry only when an M5 candle breaks the High/Low of the M15 confirmation candle (with a 4-candle setup expiration rule).

Risk & Management Rules: • Automated lot sizing based on Account Balance vs. Stop Loss distance. • Stop Loss placed on recent Fractal Swing points (+ ATR fraction buffer). • Take Profit options: Fixed R:R (Min 1:2) or H1 structure targets. • Active Management: Move to break-even at +1R, partial close (50%) at +2R, and trail remaining via M15 EMA 23. • Account Safety: Daily/Weekly drawdown limits, max open trades, trade cooldown, consecutive loss lockouts, and a spread filter. • Includes a point-based Trade Quality Scoring System and an alternative "Aggressive Continuation" mode.

Note: Fully detailed, structured technical requirements specification document (Word format) is ready and will be provided in the comments/attachments immediately upon order creation.


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