FreelanceSections

Expert Advisor Development: Hedging & Recovery Grid System for Gold (XAUUSD)

MQL5 Experts Forex Trading robot/indicator debugging C++

Specification

I am looking for an expert MQL5 developer to build a robust, professional Expert Advisor for Gold (XAUUSD). The EA must be Event-Driven (OnTick) with no 'Sleep' functions, ensuring instant execution.

​Core Logic:

  1. ​Grid Strategy: Start with 0.02 Buy/Sell. Lot size sequence: 0.02, 0.03, 0.05, 0.09, 0.14, 0.26, 0.44, 0.75, 1.28, 2.18 (Max 10 steps).
  2. ​Dynamic TP: Total basket TP must update instantly upon new order opening (Formula: Break-even + $1.5 movement).
  3. ​Smart Entry: After a TP hit, wait for a new 1-minute candle to open, then trigger a trade only in the winning direction.
  4. ​Memory Constraint: Only the 'Last Opened Trade' should be the reference for the $8.00 step-distance calculation. Ignore older trades.
  5. ​Hedging & Recovery: If total floating loss hits $15,000, freeze basket (Magic 100), initiate hedge (Magic 200), and start recovery cycle (Magic 300).
  6. ​Final Exit: Close all baskets (100+200+300) once the total loss is recovered + target profit achieved.

​Mandatory Deliverables:

  • ​Complete source code (.mq5).
  • ​One-year Backtest Report: Must cover at least one year of XAUUSD data to verify logic and drawdown.
  • ​Code must be modular, clean, and optimized for performance."

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Project information

Budget
100+ USD