Specification
I am looking for an experienced MQL4 or MQL5 developer to build a high-frequency (HFT) latency arbitrage Expert Advisor for cryptocurrency trading between LMAX and IC Markets. I need someone who understands low-latency execution, price feeds, slippage, spreads, and fast order execution.
The basic idea is that LMAX acts as the leading price feed while IC Markets is the execution broker. The EA should constantly monitor both prices in real time and detect situations where LMAX moves first but IC Markets has not yet updated its quote. When this happens, the EA should immediately execute the appropriate trade on IC Markets before its price catches up.
For example, if BTC is trading at 26,000 on both brokers and LMAX suddenly moves to 26,011 while IC Markets is still showing 26,000, the EA should instantly determine whether the opportunity is valid after considering the spread and expected slippage, then place the appropriate order on IC Markets. The same logic must also work when the market moves down, allowing the EA to sell when LMAX drops first while IC Markets is still displaying the previous price.
The EA should initially support cryptocurrencies such as BTC and SOL, but the code should be flexible enough to add more crypto symbols in the future. Speed is extremely important, so the program should be optimized to process incoming ticks with minimal delay and execute trades as quickly as possible.
The developer should have a strong understanding of execution quality, spread filtering, slippage control, order fills, and broker-specific trading conditions. The EA should avoid entering trades when the spread is too wide or when the expected slippage would eliminate the potential profit. It should also include configurable parameters for minimum price difference, maximum spread, maximum slippage, lot size, trading hours, and risk management.
I am looking for someone who has real experience developing latency arbitrage, HFT, or other ultra-low-latency trading systems. If you have completed similar projects, please provide examples or explain your experience. I prefer working with someone who understands the practical challenges of broker execution, quote delays, and how to optimize an EA for the fastest possible response time.
If you believe you have the required experience and can build a reliable, high-performance latency arbitrage EA, please contact me with your proposal, relevant experience, expected development time, and estimated cost.