I am seeking a quotation for the development of a Trading Manager Utility for MetaTrader 5 (MT5) with the following features and functionalities:

I am seeking a quotation for the development of a Trading Manager Utility for MetaTrader 5 (MT5) with the following features and functionalities:

Core Features & Functionalities:

1. Market Order Execution

   • Implement Buy and Sell buttons for executing market orders only.

2. Drawing Tool-Based Entry

   • Allow defining Entry and Stop-Loss (SL) levels directly on the chart using a drawing tool.

   • Must be able to visually mark and adjust these levels before execution.

3. Auto Risk Per Trade (Fixed Dollar Amount)

   • Automatically calculate the position size based on a fixed dollar risk amount per trade.

   • The dollar risk amount must be editable via the settings panel.

4. Trailing Stop Based on Risk-Reward Ratio (R:R)

   • Implement a trailing stop system that activates based on a configurable Risk:Reward ratio.

5. Trailing Stop Trigger Point (Based on R:R)

   • Allow the trailing stop to be activated only once a specified R:R level is achieved (e.g., at 1:1 RR).

   • This trigger point should be configurable.

6. Trailing Stop by RR Percentage

   • Allow the trailing stop distance to be set as a percentage of the R:R achieved (e.g., trail by 50% of the RR gain).

7. Break-even Based on Risk:Reward (Optional Setting)

   • Add break-even logic based on Risk:Reward (R:R), in addition to the trailing stop functionality.

   • For example, once a trade reaches a certain R:R level (e.g., 1:1), the stop-loss should automatically move to the entry price (break-even).

   • This should work alongside, not replace, the existing trailing stop logic.

   • The R:R value for break-even should be configurable.

8. Max Daily Drawdown Limit

   • Include a setting to define a maximum daily drawdown in dollars.

   • Once this limit is reached, trading should be paused or disabled for the rest of the trading day.

9. News Filter

   • Integrate a news filter to prevent trading during high-impact news events.

   • The filter should support scheduled news times and allow customization or exclusion.

Additional Notes:

• All configurable features should be accessible from the settings panel.

Quotation Request:

Kindly provide:

• Estimated development cost

• Estimated timeline for delivery

• Any additional suggestions, features, or technical limitations you foresee

• Also, please confirm whether you will be providing the full source code upon project completion, as I’d like to have access for future adjustments if needed.

Looking forward to your detailed quotation.

Best regards,
Nush