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MT5 Expert Advisor: 1-Min Breakout with 56-Second Hard Exit & Trailing Balance Drawdown

MQL5 Experts Forex Strategy optimization Statistics and mathematics C++ Strategy modules

Job finished

Execution time 1 day
Feedback from customer
very good he did exactly what i wanted very fast too professional
Feedback from employee
Very respectful and understanding customer. He had clear requirements and was helpful.

Specification

PLATFORM: MetaTrader 5 (MQL5)
ASSET: XAUUSD (Gold)
ACCOUNT TYPE: Live Raw Spread Account (Floating Spread + Commission) 500x leverage
The broker commission is exactly 
3 usd per standart lot per side6.00 round turn). The EA's internal trade tracking, net profit/loss metrics, and trailing drawdown calculations must completely factor in these commission charges alongside the raw asset spread.

I need a clean, optimized Expert Advisor for MT5 based on a 1-minute candle breakout strategy with strict time exits and capital protection.

1. INPUT SETTINGS (User Configurable)
• Target_Risk_Cash: (Fixed dollar amount per trade, e.g., i can control how much i can risk per trade like for example 5$ or 10 or 500 
• SL_Distance_Gold: (Fixed price distance, default 0.94) for example gold entry Price is 4300,50$ the sl is 4299,56$
• Risk_Reward_Ratio: (Default 1.10)
• Max_Daily_Loss_Percent: (Default 45.0)
• Session_1_Start / End: (Default 03:00 / 05:00 EST)
• Session_2_Start / End: (Default 08:00 / 12:00 EST)
 
NOTE ON TIME ZONES: Session inputs must reference the MetaTrader Server Time (TimeCurrent), NOT the user's local PC time. I will manually adjust these hour inputs to match my desired EST windows based on my broker's server clock.
I will 
Check their broker's server time using TimeCurrent() in MT5
Calculate the difference between their desired EST window and server time
Manually adjust the session inputs to match server time
Enter corrected values in the EA's input parameters
The EA should have two trading sessions that i control. I i i will decide when each session starts and ends by entering numbers in the EA settings.
The EA only trades during those times i set
The EA will have four input boxes that you fill in
1. Session 1 Start - When the first trading session begins
2. Session 1 End - When the first trading session ends
3. Session 2 Start - When the second trading session begins
4. Session 2 End - When the second trading session ends
the EA checks what time it is on my broker's server. If the current server time falls between any of the session start and end times, the EA is allowed to trade. If it's outside both sessions, the EA does nothing.
So if i set Session 1 to start at 11 and end at 13, the EA will only look for trades between 11:00 and 12:59 server time. At 13:00 exactly, it stops trading until the next session or the next day.


CORE TRADING LOGIC
• The EA monitors the 1-minute chart.
• Max 1 open trade at any given time. Only trade within the specified session hours.
• BUY ENTRY: If no trade is open, enter a BUY STOP Order the moment current price breaks above the HIGH of the previous completed 1-minute candle (Candle [1]).
• SELL ENTRY: If no trade is open, enter a SELL STOP Order the moment current price breaks below the LOW of the previous completed 1-minute candle (Candle [1]).
• TAKE PROFIT: Calculated using the Risk_Reward_Ratio multiplied by the SL distance. 1.10rr
• STOP LOSS: Fixed at the SL_Distance_Gold (e.g., if entry is 4350.00, SL for Buy is 4349.06).

• LOT SIZING: Must calculate dynamically before entry so that hitting the full SL equals exactly the Target_Risk_Cash amount that i chosed


HARD TIME EXIT (OnTimer execution)
• To ensure speed, please use an OnTimer() loop running every 1000ms.
• If a trade is open and the current server time reaches the 56th second of the minute (e.g., XX:XX:56), the trade must be closed immediately via market order, regardless of profit or loss status.If neither pending order has been triggered by the 56th second, the EA must delete both pending orders for that minute."
If a market position is open, the moment the current server time matches or exceeds the 56th second of the minute (e.g., time.sec >= 56), the position must be closed immediately via a market order, regardless of profit or loss.
Pending Order Cleanup: If neither the Buy Stop nor Sell Stop pending order has been triggered by the 56th second of the minute, the EA must immediately delete both pending orders.


BALANCE-BASED TRAILING DRAWDOWN PROTECTION
Tracking must be based on CLOSED account balance, completely ignoring open floating equity.
At the start of the day, set Peak_Balance = Current Balance.
If account balance increases after a trade closes, Peak_Balance ratchets up to match it.
If account balance decreases after a losing trade, Peak_Balance stays locked at its highest peak.
Calculate the Floor: Hard_Floor = Peak_Balance * (1.0 - (Max_Daily_Loss_Percent 45 / 100.0)).
If the closed account balance ever drops to or below this Hard_Floor, the EA must immediately close any active trade, cancel all pending stop order halt all operations, and block any new trades until the next calendar day.
Track a persistent variable called Peak_Balance. If the closed balance increases, Peak_Balance must ratchet up to match it. If the balance drops, Peak_Balance remains locked at its lifetime highest peak. Crucial: This peak must never automatically reset lower just because a new calendar day starts.
If the closed account balance drops to or below the hard floor wich is 45% of the account like for example the balance is 1000 and it become 550 or less then the EA must immediately close any active trade, delete all pending stop orders, halt all trading operations, and completely block execution until a new calendar day begins AND the user manually resets the EA."


NEWS FILTER INPUTS
• Use_News_Filter: (True/False, Default: True)
• News_Importance_Level: (Enum for MQL5 Calendar Impact: High Only, or High & Medium. Default: High Only)
• Filter_Currency: (Default: "USD")
• Mins_Before_News: (Default: 10)
• Mins_After_News: (Default: 10)
If for example there is high impact news at 14:30
The Block Before The EA must completely block any new trades or pending orders from 14:20 up until 14:30.
The Block After The EA must continue to block any new trades or pending orders after the news until 14:40.



DELIVERABLE: Fully commented source code (.mq5) and compiled file (.ex5).




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Project information

Budget
70 - 90 USD
Deadline
from 2 to 5 day(s)