Scalper V max

MQL5 Experts

Specification

Title: Scalper V max - EA with Advanced Profit Protection & Loss Defense

Project Overview:
I require a high-frequency MQL5 (or MQL4) Expert Advisor named "Scalper V max". The bot must execute precision scalping entries on short timeframes (M1 / M5) while strictly enforcing automated profit-locking and loss-defense rules to prevent large drawdowns.

1. Signal & Entry Logic:
- Indicator Setup: Combine EMA Crossover (Fast/Slow EMA) with RSI momentum filter (e.g., BUY when Fast EMA crosses above Slow EMA while RSI is above 50/oversold recovery).
- Spread Filter: Automatically block or pause trades if the current broker spread exceeds [Max_Spread] pips to avoid slippage losses.
- Trade Direction: Options to set Allow BUY, Allow SELL, or Both.

2. Defense & Profit Management (Crucial):
- Hard Stop Loss (SL): Mandatory fixed hard Stop Loss attached immediately upon order placement (e.g., 5 to 10 pips). No un-hedged grid or martingale.
- Break-Even Trigger: Automatically move Stop Loss to Entry Price + [Offset_Pips] as soon as position reaches +[BreakEven_Trigger_Pips] in profit.
- Trailing Stop Loss: Dynamic trailing stop (ATR-based or Pip-based) that steps up as price advances in profit, locking in gained pips automatically.
- Fixed / Dynamic Take Profit (TP): Target fast 5 to 15 pips per scalping trade.

3. Account-Level Safety Limits:
- Max Daily Loss Limit (% or USD): Automatically close all open trades and stop trading for the remainder of the day if daily losses reach [Max_Daily_Loss].
- Maximum Drawdown Protection: Overall hard account drawdown cap to protect capital.

4. Customizable Input Parameters:
- Lot Size Management: Fixed Lot Size (e.g., 0.01) OR Risk Percentage per trade (e.g., 1%).
- EMA Fast / Slow Periods & RSI Thresholds.
- Break-Even Trigger Pips & Trailing Step Pips.
- Max Allowed Spread (Pips).
- Magic Number & Order Comments.

5. Alerts & Notifications:
- Screen Popup Alerts & Push Notifications sent to mobile MT4/MT5 app upon trade execution or daily loss limits.

6. Deliverables:
- Fully functional compiled EA (.ex5 / .ex4) and clean, well-commented source code (.mq5 / .mq4).

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Project information

Budget
30 - 150 USD
Deadline
from 6 to 10 day(s)

Customer

Placed orders2
Arbitrage count0