I need to create from scratch a MT5 Expert Advisor for Manual Hedge Trading

Specification

Project Overview

I need an MT5 Expert Advisor that assists with manual trading. The EA should monitor horizontal lines that I place on the chart and execute trades when price reaches those lines.

Requirements

  • The EA should monitor all horizontal lines (OBJ_HLINE) on the current chart.
  • When the market price touches a horizontal line, the EA should execute an action based on the line color.
  • The lot size should be read from the line description (for example: 0.10 ).
  • Each line should trigger only once.
  • After execution, the EA should either:
    • Change the line color, or
    • Delete the line (configurable). 
    • I would prefer deleting the horizontal line 

Line Color Actions

Line Color Action
Red Open a Buy and Sell (hedge) with the specified lot size
Blue Open Buy
Green Open Sell
Yellow Close all EA positions

Trade Rules

  • Use a configurable Magic Number.
  • Execute trades only once per line.
  • Allow configurable slippage.
  • Work only on the chart symbol.
  • Support hedging accounts (MT5 hedge mode).

Future Expansion

The code should be modular so the following features can be added later:

  • Break-even
  • Trailing stop
  • Basket take profit
  • Basket stop loss
  • Partial close
  • Multiple hedge levels
  • Trade panel
  • Notifications (popup, email, push)

Goal

The EA should act as a manual trading assistant, where I control trading simply by placing colored horizontal lines on the chart. No automatic market analysis or indicators are required—the EA only reacts to the horizontal lines I draw.


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Project information

Budget
100+ USD
Deadline
to 10 day(s)