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Specification
Hello, I need an Expert Advisor (EA) developed for MetaTrader 5, specifically tailored for the EUR/USD currency pair on the 5-minute (M5) timeframe.
The robot should execute trades based on Price Action or Technical Analysis (such as Support/Resistance Breakouts or Moving Average Crossovers - I am open to the programmer's suggestions for proven, consolidated strategies).
Mandatory Risk Management Requirements:
- Margin-Based Lot Management: The lot size must be calculated automatically based on the account balance. The maximum risk per trade must be strictly locked at 1% of the total equity.
- Risk/Reward Ratio: Every opened order must automatically set a Stop Loss (SL) and a Take Profit (TP). The ratio must be at least 1:2 or 1:3 (Example: if the SL is 10 pips, the TP must be 20 or 30 pips).
- Trailing Stop / Break Even: The robot must move the Stop Loss to the entry price (Break Even) as soon as the trade reaches a 1:1 profit ratio.
- Time Filter: The EA should only open new trades during the high-liquidity periods of the London and New York market sessions.
- Daily Stop Limit: If the robot reaches a 2% loss in a single day, it must close all active orders and stop trading until the next day.
I require the full source code (.mq5 file) included upon delivery. Please provide your price quote and estimated timeframe.
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Project information
Budget
30+ USD
Deadline
to 10 day(s)