Specification
I need a custom MT4 Expert Advisor based on H4 breakout with martingale and equity protection.
Platform:
- MetaTrader 4 / MQL4
- Main symbol: XAUUSD
- Must work on 5-digit / 3-digit brokers
- All settings must be adjustable from EA inputs
Strategy Logic:
- EA must detect the previous H4 candle high and low.
- Automatically open BUY when price breaks above the previous H4 high.
- Automatically open SELL when price breaks below the previous H4 low.
- Option to add breakout buffer in pips.
- Only one breakout direction at a time.
Take Profit:
- Take profit = 100 pips after entry.
- TP value must be adjustable.
Martingale Logic:
- Enable / disable martingale.
- If the current position is floating loss, EA will open the next martingale position.
- Martingale distance must be adjustable in pips.
- Lot size must increase based on multiplier.
- Inputs needed:
- Initial lot size
- Lot multiplier
- Martingale step / distance in pips
- Maximum martingale levels
- Maximum lot size
Equity Protection / Cut Loss:
- EA must close all open positions when floating loss reaches a selected percentage of account equity.
- Example: if equity stop is 5%, EA closes all trades once floating loss reaches 5% of equity.
- This percentage must be adjustable.
Floating Profit Close:
- When martingale positions are floating and total basket profit reaches 3%, EA must close all positions.
- Example: if equity/balance is $10,000, once total floating profit reaches $300, close all open EA trades.
- 3% value must be adjustable.
Trade Management:
- Magic Number
- Trade comment
- Max spread filter
- Trading hours filter
- Buy only / Sell only / Buy and Sell mode
- Maximum open trades
- Dashboard showing balance, equity, floating P/L, drawdown %, total trades, current martingale level, and today’s profit/loss.
Deliverables:
- EX4 file
- MQ4 source code
- Simple user guide
- 30 days bug fix support
Please quote the price and completion time.
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Budget
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Customer
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