Job Description:
· I am looking for an experienced MQL4 developer to create a high-speed scalping EA for US30 and DE40. The EA must be optimized for ultra-fast execution and should not rely on any indicators—only price action and pending orders (Buy Stop & Sell Stop).
· I have written a complete and detailed documentation outlining the logic, execution flow, risk management, and required settings, making it easier for you to focus purely on coding.
Key Requirements:
· Order Execution & Strategy:
· The EA should place Buy Stop and Sell Stop orders at a predefined distance from the current price.
· It must trail the price movement closely to capture small profits quickly.
· Tight Stop Loss (must be configurable).
· Once an order is triggered, the opposite pending order should be adjusted or removed.
· The EA should continuously re-adjust pending orders based on price movement.
· Trailing Logic:
· The EA should dynamically adjust Buy Stop and Sell Stop orders based on live price movements.
· A trailing mechanism to follow the price closely and lock in profits quickly.
· Risk Management & Execution:
· Super-fast execution is a priority.
· The EA must include slippage control and spread filtering to avoid unnecessary losses.
· A setting to limit the maximum number of trades per session.
· The lot size should be calculated based on Lot-Based Capital (0.01 lot = defined capital).
· Trading Conditions & Inputs:
· Configurable trading hours.
· Selectable trading sessions (Tokyo, London, New York).
· Adjustable pip distance for pending orders.
· Adjustable Stop Loss & Take Profit.
· Hidden or visible SL/TP option.
· Technical & Performance Considerations:
· Low latency & high-speed execution is mandatory.
· EA should be optimized for low-latency brokers and VPS-friendly.
· Must handle high volatility spikes efficiently.
· Should work flawlessly on US30 and DE40 with customizable settings.
Ideal Developer:
· Strong experience in MQL4 EA development.
· Proven track record of developing high-frequency trading or scalping EAs.
· Familiar with price-action-based trading without indicators.
· Ability to optimize for execution speed & minimal slippage.
· Experience in handling fast-moving indices like US30 & DE40 is a plus.
What I Will Provide:
· A well-documented and structured requirement document detailing all conditions, logic, and settings.
· Detailed input settings guide.
· Clear guidelines to minimize back-and-forth discussions.
Deliverables:
· Fully functional EA file (.ex4) with source code (.mq4).
· Debugged and optimized version for live trading.
Budget & Timeline:
· Please propose your bid and estimated timeline for completion.
· Preference for developers who can deliver a fully tested and optimized EA within 3 – 5 days.
· If you have relevant experience, please share past similar projects or a demo.
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