I would like to have an MT5 EA created urgently. Code should be clean and well sophisticated with great post implementation support for at least 1 month.
📌 RSI Following Forex Trading Strategy – EA Specification
Entry Rules
- Buy Entry:
When RSI ≤ 5 and the candle closes → Open Buy trade. - Sell Entry:
When RSI ≥ 95 and the candle closes → Open Sell trade. - RSI Length:
Must be a user-modifiable field (default: 14). - Applied Timeframe:
EA must allow user to select which chart timeframe to use for RSI calculations and trade decisions (e.g., M5, M15, H1).
Trade Management
- Number of Open Trades:
- Option 1 → Only 1 trade open at a time.
- Option 2 → Allow multiple trades at the same time.
- User must be able to toggle this setting.
Trend Filter
- Optional filter to restrict trades based on overall trend:
- Uptrend only → allow Buy trades only.
- Downtrend only → allow Sell trades only.
- Disabled → both Buy & Sell allowed.
- Trend detection method (e.g., Moving Average, EMA, etc.) should be selectable by user.
Market Condition Filter
- Add a second filter to detect sideways vs trending markets.
- If sideways filter is active → no trades allowed.
- If trending market detected → trades allowed.
- Indicator type (e.g., ADX, Bollinger Band squeeze, custom) should be user-selectable.
Time Filter
- User must be able to define allowed trading hours (e.g., 08:00–17:00).
- Time filter ON → EA trades only during selected hours.
- Time filter OFF → EA trades anytime.
Risk Management
- Stop Loss (SL):
- User-defined in points/pips.
- Option to set SL by another indicator level (e.g., swing high/low).
- Take Profit (TP):
- User-defined in points/pips.
- Option to set TP by another indicator level (e.g., opposite RSI condition).
- Both SL and TP fields must be fully modifiable.
Other Requirements
- EA must execute trades only at candle close (no intrabar trading).
- All fields must be fully accessible in EA inputs/settings:
- RSI length
- RSI entry levels (default: 5 / 95)
- Chart timeframe for RSI calculations
- Max trades (1 or multiple)
- Trend filter (on/off + method selection)
- Sideways/trend filter (on/off + method selection)
- Time filter (on/off + session times)
- SL (points or indicator-based)
- TP (points or indicator-based)
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