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Subject: Custom MT5 Multi-Currency EA Request - Multi-Timeframe Strategy with Trailing Stop
Hi,
I am looking for a developer to create a custom Expert Advisor (EA) for MetaTrader 5 (MT5). The EA must be optimized for multi-currency testing and trading, allowing me to run it across multiple currency pairs simultaneously.
The trading logic should be based on a multi-timeframe approach using the following indicators:
1. Trend Filter (Daily Chart - D1):
- Moving Average (200 MA): Only allow BUY trades if the price is above the 200 MA, and only allow SELL trades if the price is below the 200 MA.
- Daily RSI (14): Used as a secondary filter to avoid entering during extreme overbought/oversold conditions.
2. Entry Trigger (Hourly Chart - H1):
- Hourly RSI (14): For identifying short-term pullbacks.
- Parabolic SAR: The final trigger. For a BUY, the SAR dot must flip below the price candle (and vice versa for a SELL).
3. Trade & Risk Management (Updated with Trailing Stop):
- Initial TP and SL Settings: The EA must allow me to set a Take Profit (TP) and a slightly tighter Stop Loss (SL). For example, if TP is set to 50 pips, the initial SL should be set 5 pips tighter at 45 pips. These offsets must be fully customizable parameters.
- Tight Trailing Stop: A Trailing Stop function must be built-in. Once the trade moves into profit, the SL must automatically trail behind the current market price at a strict distance of 5 pips (minimum) to lock in profits.
- ATR-Based Option: I still need the option to choose between a fixed number of pips OR using a dynamic ATR (Average True Range) multiplier for these distances, so the values can automatically adjust to the volatility of each specific currency pair.
- Risk Percentage Auto-Lot: Lot size should be automatically calculated based on a user-defined risk percentage per trade (e.g., risk 1% of account balance per trade based on the initial SL).
- No Martingale, no grid, and no averaging down.
Please let me know your estimated timeframe and price for this project. Thank you!
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