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)
Customer
Placed orders1
Arbitrage count0