Termos de Referência
MT4 Hedging Expert Advisor Build
Project: Custom Grid + Hedge EA Development (MT4)
Strategy Concept
We want to develop a custom Expert Advisor (EA) that combines trend filtering, indicator-based entry signals, and grid trading.
Indicators
EMAs (multi-timeframe trend filter):
Short EMAs (e.g. 10–30) for short-term direction
Medium EMAs (e.g. 50–100) for structure confirmation
Long EMA (200) as main trend filter
Signals should only be taken when EMA structure aligns with trend bias
RSI (14):
Used as a momentum filter
Avoid buying when RSI is oversold (below ~30)
Avoid selling when RSI is overbought (above ~70)
Optional divergence logic: if RSI diverges from price, trigger an opposite entry
Stochastic (5,3,3):
Extra swing filter for entry validation (overbought/oversold + crosses)
Entry Logic
First Entry:
A buy or sell is triggered when EMA structure + RSI + Stochastic agree
Example: In a downtrend (EMA short < mid < slow < EMA200), open a sell if RSI and Stoch confirm
Grid Expansion:
After the first entry, the EA adds positions in the same direction at fixed pip distances
Step 1: tighter grid (e.g. 20 pips)
After X orders (e.g. 9), step switches to wider spacing (e.g. 100 pips)
Hedging:
EA can open a new grid in the opposite direction if fresh entry conditions are met
Buy and Sell baskets are managed independently
Exit Logic
Basket Take Profit (TP):
Close all trades on one side once the combined profit (USD-based) reaches a set target
Equity Protection:
Optional buffer to secure gains and prevent overexposure
Technical Requirements
Platform: MT4
Inputs must be configurable:
EMA periods, RSI thresholds, Stoch settings
Grid step sizes, switch-after-N orders, basket TP (USD or pips)
Max orders per basket, spread filter, minimum spacing between orders
Must support independent hedging baskets (buy & sell)
Clean, stable code (no repainting indicators)
Deliverables
Source code .mq4
Full input parameter guide
Example backtest (GBPUSD H1 recommended) to show functionality
Bonus (Nice-to-Have)
On-chart info panel (status, number of orders, basket P/L, cleanup buffer)
Auto lot-sizing options
Adjustable equity protection
We are looking for an experienced developer who has built grid/martingale/hedge EAs before and can deliver a stable and professional codebase.
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