Development of a Trend Following and Pullback Expert Advisor for MetaTrader 5

MQL5 EA

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I wasn't sure at first because there were no reviews, but he surprised me. Fast delivery, clean work, and communication was smooth. I'm happy with the result and I'll definitely work with him again.

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I am looking for an MQL5 developer to build a fully automated Expert Advisor (EA) for MetaTrader 5 based on a trend-following and pullback strategy.

The strategy should be relatively simple to implement, but robust enough to allow proper backtesting and optimization. My target budget is approximately $30–$50, so I prefer a clear and efficient implementation without unnecessary complexity.

1.⁠ ⁠Trend Detection

•⁠  ⁠Use a 50-period EMA and a 200-period EMA.
•⁠  ⁠An uptrend is identified when the 50 EMA is above the 200 EMA.
•⁠  ⁠A downtrend is identified when the 50 EMA is below the 200 EMA.

2.⁠ ⁠Buy Entry Rules

•⁠  ⁠The market must be in an uptrend.
•⁠  ⁠The price must pull back toward the 50 EMA.
•⁠  ⁠A bullish confirmation candle must close before the EA opens a buy trade.
•⁠  ⁠The EA must avoid entering multiple trades on the same candle.

3.⁠ ⁠Sell Entry Rules

•⁠  ⁠The market must be in a downtrend.
•⁠  ⁠The price must pull back toward the 50 EMA.
•⁠  ⁠A bearish confirmation candle must close before the EA opens a sell trade.
•⁠  ⁠The EA must avoid entering multiple trades on the same candle.

4.⁠ ⁠Stop Loss and Take Profit

•⁠  ⁠Set the stop loss using the recent swing high or swing low, with a configurable buffer.
•⁠  ⁠Set the take profit using a configurable risk-to-reward ratio, with a default of 1:2.
•⁠  ⁠Allow the user to configure all relevant parameters.

5.⁠ ⁠Risk Management

•⁠  ⁠Allow fixed lot sizing and risk-based lot sizing.
•⁠  ⁠Risk-based sizing should use a configurable percentage of account equity, with a default of 1% per trade.
•⁠  ⁠Include a maximum spread filter.
•⁠  ⁠Include a maximum number of open positions.
•⁠  ⁠Do not use martingale, grid trading, hedging recovery systems, or automatic lot increases after losses.

6.⁠ ⁠Technical Requirements

•⁠  ⁠The EA must work on MetaTrader 5 using MQL5.
•⁠  ⁠Indicator values must be read correctly, and trades must be evaluated using closed candles to reduce false signals.
•⁠  ⁠Include configurable EMA periods, stop-loss settings, risk percentage, risk-to-reward ratio, spread limit, and trading hours.
•⁠  ⁠Provide clear error handling and basic trade logging.
•⁠  ⁠The strategy must be suitable for backtesting in the MT5 Strategy Tester.

7.⁠ ⁠Deliverables

Please provide:

•⁠  ⁠The complete editable ".mq5" source code.
•⁠  ⁠The compiled ".ex5" file.
•⁠  ⁠A basic backtest report with the symbol, timeframe, date range, and test settings clearly stated.
•⁠  ⁠Instructions for installing and configuring the EA.

I do not expect guaranteed profits. I need a correctly implemented EA with clear rules and testable behavior.


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