Spécifications
Project: MT5 Expert Advisor — Dual-Sided Hedging Grid with Fibonacci Lot Progression
I need a custom Expert Advisor (EA) developed in MQL5 for MetaTrader 5.
1. Trading Strategy
The EA must open both Buy and Sell market positions when a new trading cycle starts, provided the broker account supports hedging.
The EA must manage the Buy and Sell directions independently.
When the market moves downward against the Buy grid, open additional Buy positions at the configured pip interval.
When the market moves upward against the Sell grid, open additional Sell positions at the configured pip interval.
The EA must use a configurable grid spacing and take-profit distance.
The EA must not open duplicate positions at the same grid level.
2. Lot Size Progression
The first three lot sizes must be configurable, with the following defaults:
First trade: 0.01 lots
Second trade: 0.02 lots
Third trade: 0.03 lots
Starting with the fourth trade, calculate each new lot size as the sum of the previous two lot sizes.
Example sequence:
0.01, 0.02, 0.03, 0.05, 0.08, 0.13, 0.21, 0.34, 0.55, 0.89, and so on.
The Buy and Sell directions must each maintain their own independent lot sequence.
All lot sizes must comply with the broker's minimum lot, maximum lot, and volume-step requirements. Add a configurable maximum individual lot size.
3. Grid Entry Logic
Provide an input named GridStepPips.
Example: If GridStepPips is 50, the EA should add a Buy position whenever the market falls by another 50 pips from the previous qualifying Buy grid level. Similarly, it should add a Sell position whenever the market rises by another 50 pips from the previous qualifying Sell grid level.
The EA must track the last qualifying entry level independently for Buy and Sell trades and must not place multiple entries for the same level.
4. Take Profit
Provide an input named TakeProfitPips.
By default, each trade must have an individual take-profit level calculated from its own entry price.
Buy TP: entry price plus the configured TP distance.
Sell TP: entry price minus the configured TP distance.
The EA must allow the TP distance to be changed through the input settings.
Please also provide an optional setting for basket take profit, allowing the user to close all Buy positions, all Sell positions, or all EA positions when a configurable combined profit target is reached. Individual TP and basket TP must be managed separately.
5. Required Inputs
Please include:
InitialLot1 = 0.01
InitialLot2 = 0.02
InitialLot3 = 0.03
GridStepPips
TakeProfitPips
EnableBuy
EnableSell
StartBothDirections
MaxBuyPositions
MaxSellPositions
MaxLotSize
MaxSpreadPips
MaxDrawdownPercent
MagicNumber
EnableBasketTakeProfit
BasketProfitTarget
All settings must be configurable from the EA properties window.
6. Safety and Reliability
Support MT5 hedging accounts.
Calculate pips correctly for symbols with different digits and contract specifications.
Check available margin, spread, lot limits, and trading permissions.
Recover the existing grid state after terminal restart or EA reattachment.
Do not reset the lot sequence while existing positions from that sequence remain open.
Prevent duplicate trades at the same grid level.
Include maximum position and maximum lot limits.
Include equity drawdown protection and an emergency stop option.
Clearly document whether safety limits stop new trades or close existing positions.
Ensure that the EA manages only its own positions using its Magic Number and selected symbol.
Handle order rejection, requotes, connection loss, and other trade errors safely.
7. Testing and Deliverables
Please provide:
Compiled EA file (.ex5).
Editable MQL5 source code (.mq5).
Input parameter documentation.
Installation instructions.
Strategy Tester results and a demonstration of the grid and lot progression.
Testing with realistic spread, commissions, swap, and execution assumptions.
Please confirm the exact grid-entry logic, individual versus basket take-profit behavior, and drawdown-protection behavior before final delivery.
The EA must be tested on a demo account before live deployment.
1. When should the first Buy and Sell trades open?
Open both immediately when the EA starts
2. How should profits be taken?
Close all buy trades together at a combined profit target.
Same Close all buy trades together at a combined profit target.
What should happen after a trade or grid closes?
Start a fresh cycle with 0.01, 0.02, 0.03 lots.
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Informations sur le projet
Budget
50 - 250 USD
Délais
de 2 à 5 jour(s)
Client
Commandes passées1
Nombre d'arbitrages0