Professional MT5 / cTrader Expert Advisor Development Project (XAUUSD Gold)

Project Overview

I am looking for an experienced algorithmic trading developer to build a professional Expert Advisor (EA) for MetaTrader 5 and/or cTrader.

The objective is to create a robust automated trading system focused exclusively on XAUUSD (Gold).

This project is intended for serious long-term trading. My priority is not aggressive profits, high-frequency trading, or unrealistic performance claims. My primary objective is to develop a system that emphasizes:

• Capital preservation
• Controlled drawdown
• High-probability trading opportunities
• Advanced risk management
• Long-term consistency
• Sustainable account growth

I am seeking a developer who understands both trading and software development and can contribute professional ideas and improvements where appropriate.

Trading Logic

The EA should not rely on a single indicator.

Instead, the system should combine multiple forms of confirmation before entering any trade.

Concepts that may be incorporated include:

• Market Structure
• Smart Money Concepts (SMC)
• Break of Structure (BOS)
• Change of Character (CHOCH)
• Liquidity Sweeps
• Liquidity Zones
• Supply and Demand
• Order Blocks
• Fair Value Gaps (FVG)
• Support and Resistance
• Trend Analysis
• Momentum Analysis
• Volume Analysis
• Multi-Timeframe Confirmation

I am open to discussing the final implementation and welcome professional recommendations from experienced developers.

Multi-Timeframe Analysis

The EA should analyze multiple timeframes before executing trades.

Example:

• H4 for primary trend direction
• H1/H2 for confirmation
• M15 for execution and trade entry

The exact structure can be finalized during development.

Entry Conditions

The EA should only enter trades when multiple confirmations align.

Requirements:

• Avoid low-quality setups
• Avoid ranging or uncertain market conditions where possible
• Avoid overtrading
• Focus on quality over quantity
• Only execute trades when probability and confirmation criteria are met

The objective is to generate fewer but higher-quality trades.

Risk Management (Highest Priority)

Account protection is the most important feature of this project.

The EA should include:

• Fixed lot sizing
• Risk percentage lot sizing
• Automatic lot calculation
• Maximum daily loss protection
• Maximum weekly loss protection
• Maximum overall drawdown protection
• Maximum number of trades per day
• Maximum spread filter
• Slippage protection
• Breakeven functionality
• Trailing stop functionality
• Equity protection features
• Account emergency stop feature

The EA must not use:

• Martingale
• Grid systems
• Dangerous recovery methods
• Unlimited position scaling

Trade Management

The system should support:

• Automatic Stop Loss
• Automatic Take Profit
• Risk-to-Reward calculations
• Partial profit taking
• Multiple take-profit levels (TP1, TP2, TP3)
• Breakeven management
• Dynamic trade management after entry

High-Impact News Filter

The EA should avoid opening trades around major economic events.

Examples include:

• NFP
• CPI
• FOMC
• Interest Rate Decisions
• High-impact USD news

Dashboard

A professional on-chart dashboard is preferred.

The dashboard may include:

• Current market direction
• Current trend status
• Open positions
• Daily profit/loss
• Win rate
• Spread
• Current drawdown
• Risk status
• Account protection status
• Trading activity status

Prop Firm Mode

The EA should include an optional Prop Firm Mode for traders who use funded accounts.

Desired features include:

Daily Drawdown Protection

• Configurable daily loss limit
• Stop trading when daily drawdown limit is reached
• Option to close all trades at predefined limits

Maximum Drawdown Protection

• Configurable maximum account drawdown
• Disable trading when maximum drawdown is reached

Daily Profit Target

• Optional daily profit target
• Stop trading once target is achieved

Consecutive Loss Protection

• Pause trading after a defined number of consecutive losses

Session Filters

• London Session
• New York Session
• User-defined trading hours

Weekend Protection

• Option to close trades before market close
• Prevent weekend exposure

Prop Firm Dashboard

Display:

• Current Drawdown
• Daily Drawdown
• Remaining Daily Loss Allowance
• Remaining Maximum Drawdown Allowance
• Daily Profit/Loss
• Trading Status

Backtesting & Optimization

The EA must:

• Be fully backtestable
• Be optimized for XAUUSD
• Produce reliable testing results
• Include adjustable parameters for optimization

Licensing & Commercial Use

I may use this EA on my own trading accounts and may also consider offering it in the future to prop firm traders.

Please advise on available options for:

• Account authorization
• License key systems
• Subscription licensing
• Rental licensing
• Source code protection
• Commercial deployment

Deliverables

Please provide:

• Complete Expert Advisor
• Source code
• Compiled version
• User guide
• Installation instructions
• Support period after delivery

Proposal Requirements

Please include:

• Your experience with MT5 and/or cTrader development
• Examples of previous EAs or algorithmic trading projects
• Your suggested approach for this project
• Estimated delivery timeline
• Estimated project cost

Important Note

I am not looking for unrealistic promises or claims such as guaranteed profits or extremely high win rates.

I am looking for a professional, intelligent, and well-designed trading system that prioritizes:

• Capital preservation
• Controlled risk
• Low drawdown
• Long-term consistency
• Professional trade management

I would rather have fewer high-quality trades than many low-quality trades.

If you have experience developing advanced automated trading systems for XAUUSD and understand both trading and risk management, I would be happy to discuss the project further.