Here is a professional specification you can send directly to your developer.
# Project Requirements Specification: MetaTrader 5 Trading Robot Development
### 1. Project Overview
I want to develop an automated Forex trading robot (Expert Advisor) for MetaTrader 5 (MT5). The robot should analyse the financial markets, identify trading opportunities, and execute trades automatically based on predefined strategies.
### 2. Trading Strategy
- Analyse market trends and price movements.
- Identify profitable entry and exit opportunities.
- Support trend-following and reversal strategies.
- Use technical indicators such as RSI, MACD, Moving Averages and Bollinger Bands.
### 3. Automated Trade Execution
- Automatically open and close trades.
- Support Buy and Sell positions.
- Set Stop Loss and Take Profit automatically.
- Avoid opening multiple unnecessary positions.
- Allow configurable trading conditions.
### 4. Risk Management
- Allow adjustable lot sizes.
- Include risk-per-trade percentage settings.
- Include maximum daily loss limits.
- Include maximum drawdown protection.
- Stop trading when predefined risk limits are reached.
### 5. Trading Instruments
- Support major Forex pairs such as EUR/USD, GBP/USD and USD/JPY.
- Allow additional instruments to be added.
- Support different trading timeframes.
### 6. Testing and Optimization
- Backtest the robot using historical market data.
- Provide strategy optimization.
- Test performance on demo accounts before live deployment.
- Generate performance reports showing profit, losses, drawdown and win rate.
### 7. User Controls
- Enable and disable automated trading.
- Allow users to adjust trading parameters.
- Display open trades and account performance.
- Provide notifications when trades are opened or closed.
### 8. Technical Requirements
- Develop using MQL5.
- Ensure compatibility with MetaTrader 5.
- Provide the complete source code (.mq5) and compiled file (.ex5).
- Ensure stable operation and clear error logging.
### 9. Final Delivery
- Fully functional MT5 Expert Advisor.
- Complete source code.
- Backtesting results.
- Installation instructions.
- User documentation and technical support.
### 10. Developer Quotation
Please provide the estimated development cost, completion time, testing process and ongoing maintenance requirements.
I need to clarify one important thing before we finalize the specifications.
What type of trading robot do you want?
* Scalping robot – Opens and closes trades quickly.
* Trend-following robot – Trades according to market direction.
* Smart AI robot – Uses advanced analysis to identify trading opportunities.
* Grid/Martingale robot – Opens multiple positions using a recovery strategy.
* Fully customized robot – Combines different strategies.
My recommendation is to prioritize strong risk management rather than simply chasing high profits.
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Specify your Requirements Specification here point by point. Try to describe your requirements briefly and clearly, so that your potential developer is able to correctly assess its complexity and cost, as well as the required execution time. A bad or too generic description will result in your order being ignored, or you will spend a lot of time negotiating the details with each applicant. Remember: It is better to