MT5 Alert EA – SELL rejection signal (multi-symbol, no auto trading)

🧾 Project Description

I am looking for an Expert Advisor for MetaTrader 5 that does NOT open trades, it must only generate alerts when a specific SELL rejection setup occurs.

🎯 Market and Timeframe

• Symbol: configurable (works on any symbol where the EA is attached)

• Timeframe: configurable (default M5)

• Platform: MetaTrader 5

The EA must automatically read the symbol and timeframe of the chart, with the option to override them via input parameters.

🔴 Signal Rules (SELL by rejection)

The EA must evaluate signals only at candle close of the configured timeframe.

An alert is generated ONLY if ALL the following conditions are met:

1. Previous bullish context

   • Existence of a prior bullish impulse

   • Valid examples (parameterized):

     • last N candles closing higher

     • last swing low higher than the previous one

2. Rejection candle

   • Upper wick ≥ 2× the candle body size (editable parameter)

   • Candle close must NOT be at the high

   • Preferably close below 50% of the candle range

3. Confirmation

   • Signal evaluation only when the candle is fully closed

   • No alerts during candle formation

📢 Required Alerts

When a signal occurs, the EA must send:

• MT5 popup alert

• Sound alert

• Mobile push notification (MT5)

The alert message must include:

• Symbol

• Timeframe

• Closing price

• Suggested Stop Loss (wick high + X pips, editable)

• Suggested Take Profit (last relevant swing low)

⚙️ Technical Requirements

• All parameters configurable via EA inputs

• Avoid duplicate alerts on the same candle

• Clean and commented code

• NO auto trading

• Delivery of:

  • Compiled EA

  • Source code .mq5