MT5 Expert Advisor Development – XAUUSD (Gold) M1 Scalping EA

Project Overview

I am looking for an experienced MQL5 developer to create a professional scalping Expert Advisor (EA) for MetaTrader 5.

The EA should be designed specifically for Gold (XAUUSD) on the M1 timeframe and optimized for fast execution, low drawdown, and consistent profitability.

Trading Instrument

• XAUUSD (Gold) only

Timeframe

• M1 (1 Minute)
• Optimized specifically for M1 scalping

Strategy Logic

Trend Filter

BUY trades only when:

• EMA 50 is above EMA 200

SELL trades only when:

• EMA 50 is below EMA 200

BUY Conditions

• Price is above VWAP
• EMA 20 is above EMA 50
• RSI (14) is above 55
• Candle closes above EMA 20

SELL Conditions

• Price is below VWAP
• EMA 20 is below EMA 50
• RSI (14) is below 45
• Candle closes below EMA 20

Risk Management

• Adjustable risk per trade
• Fixed lot option
• Automatic lot sizing
• Adjustable Stop Loss
• Adjustable Take Profit
• Break-even function
• Trailing Stop
• Maximum daily loss protection
• Maximum drawdown protection
• Maximum consecutive losses protection

Trading Filters

• Spread Filter
• Volatility Filter
• News Filter (high-impact events)
• Session Filter
• Avoid low-liquidity market conditions

Trading Sessions

Default:

• London Session
• New York Session

Sessions must be adjustable.

Scalping Features

• Fast execution logic
• VPS optimized
• Low latency compatible
• Maximum trade duration setting
• Maximum trades per day setting
• No overtrading logic
• One trade per signal

Optimization

All parameters must be adjustable and optimizable in MT5 Strategy Tester.

Deliverables

• Source Code (.mq5)
• Compiled File (.ex5)
• Installation Guide
• User Manual
• Bug Fixing Support

Backtest Requirements

Please provide backtests for XAUUSD on M1 using at least 5 years of historical data.

Please include:

• Profit Factor
• Maximum Drawdown
• Win Rate
• Recovery Factor
• Average Monthly Return
• Total Net Profit

Additional Request

Please review the strategy and recommend improvements that could increase profitability and reduce drawdown while maintaining safe risk management.

Only developers with proven experience in Gold (XAUUSD) scalping Expert Advisors should apply.

"The target is a low-risk EA with maximum drawdown below 10% and a profit factor above 1.5."

Target performance: Maximum Drawdown below 10%, Profit Factor above 1.5, and stable long-term performance.

Before I place the order, could you please provide:

• A detailed backtest report for XAUUSD (M1) covering at least the last 5 years.
• Profit Factor.
• Maximum Drawdown.
• Win Rate.
• Average Monthly Return.
• Recovery Factor.

In addition, have you performed any forward testing on a demo or live account? If yes, please provide the results and performance statistics.

My goal is to find a stable and low-risk EA with long-term profitability rather than a strategy that only performs well in backtests.