Expert Advisor for Advanced Capital, Risk & Trade Management (MT4/MT5)

Project Description:

I need a professional developer to create a custom Expert Advisor (EA) for MetaTrader 4/5 focused on capital protection, risk control, and automated trade management.

The EA must include two main modules:

Part 1 – Capital & Risk Management

1. Position Sizing Based on Account Equity

   • User sets a max risk per trade (1%–5%).

   • EA calculates potential loss based on SL and lot size.

   • Blocks trades exceeding the predefined risk.

   • Maximum allowed risk: 5%.

2. Mandatory Stop Loss & Take Profit

   • SL is required for every trade; no trade executes without it.

   • TP must be at least 1.1× SL (minimum 1:1.1 risk/reward).

   • EA rejects trades violating these conditions.

3. Daily Loss Limit

   • User sets a daily max loss (up to 5%).

   • If reached, EA blocks new trades for the rest of the day.

   • Open trades continue if still valid.

4. Total Open Trades Risk Limit

   • User sets a max total risk for all open trades (up to 10%).

   • EA calculates potential total loss based on SL levels.

   • Blocks new trades once the total open risk exceeds the limit.

5. Manual Trade Closure Restriction

   • Manual close allowed only if trade is in loss.

   • Profitable trades are managed automatically by the EA.

   • User can modify SL/TP only within allowed limits.

Part 2 – Trade Management

1. Automated Partial Close Using Fibonacci Levels

   • EA draws Fibonacci between entry and TP.

   • Divides trade into 3 parts (33%-33%-33%).

   • At:

     • 38.2% level: Close 33%, move SL to BE.

     • 61.8% level: Close 33%, move SL to 38.2%.

     • 100% level: Close remaining 33%.

2. Flexible & Customizable Settings (Developer Suggestion Required):

   • Allow custom Fibonacci levels (e.g., 25–50–75–100).

   • Allow user-defined position splits (e.g., 20–30–50%).

   • Add an optional Smart Trailing Stop after 38% level for dynamic protection.

Requirements:

• EA must work on both MT4 and MT5 (if possible).

• Clean and optimized code with full comments.

• Clear and user-friendly input settings panel.

• Logging for all blocked trades or restricted actions.

• Testing and debugging on demo account before final delivery.

Deliverables:

• Compiled .ex4 / .ex5 file and source code (.mq4 / .mq5).

• Documentation (PDF or text) explaining all inputs, logic, and settings.

• 1–2 revisions after testing (for fine-tuning if needed).

Optional Developer Suggestions:

If you have ideas to improve trade management, trailing logic, or risk efficiency, please include them in your proposal.

Note:

• Work seamlessly even when the trader opens or manages trades via the mobile MT4/MT5 app, not only from the desktop terminal.

The EA should be flexible, stable, and well-structured, with clear input settings and clean coding practices.
All detailed rules and parameters will be provided privately after project agreement.