MT5 XAU/USD Multi-Timeframe Scalping Expert Advisor

Job finished

Execution time 1 day
Feedback from customer
Great communication and professionalism throughout. Delivered exactly to the agreed specification, reviewed logs and provided full source code on handover.
Feedback from employee
Great customer. Clear requirements, professional communication, objective testing and smooth cooperation from specification to final handover. I would be happy to work with Liam again.

Specification

I am looking for an experienced MT5 developer to create a fully automated Expert Advisor (EA) for XAU/USD.

The EA should use a multi-timeframe breakout and pullback scalping strategy.

Strategy:

4H
- Above 200 EMA = Buy trades only.
- Below 200 EMA = Sell trades only.

1H
- 21 EMA above 50 EMA = Buy trades only.
- 21 EMA below 50 EMA = Sell trades only.

15M
- Identify support and resistance.
- Wait for a breakout of those levels.

5M
- Wait for the breakout.
- Wait for a pullback/retest.
- Enter on continuation in the breakout direction.

Trading Sessions
- London Session
- New York Session

Risk Management
- Adjustable risk per trade (1% default)
- Adjustable Stop Loss
- Adjustable Take Profit
- Break Even option
- Trailing Stop option

Limits
- Maximum trades per day (20 default)
- Stop trading after 4 consecutive losses
- Maximum daily drawdown (4%)
- Maximum spread filter
- Optional news filter

Other Requirements
- Magic Number
- All settings adjustable through EA inputs.
- Source code (.mq5) and compiled file (.ex5) required.
- Bug fixes after delivery.

I would like to discuss and refine the exact entry logic with the developer before coding begins.    

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Project information

Budget
250 - 500 USD
Deadline
from 14 to 30 day(s)