Expert advisor

I am looking for an experienced Forex Strategist and MT5 (MQL5) Developer to work with me on an ongoing project to develop, test, improve, and optimize a profitable Forex Expert Advisor (EA).

My Message to the Developer

My budget is $150. However, this is not intended to be a one-time payment for a finished product. I want an ongoing working relationship with someone who understands that developing a reliable trading robot takes time, testing, and continuous improvement.

I need someone who is willing to test and improve the EA on a weekly basis. After the first month of development and testing, I would like to evaluate its performance. If the EA proves itself through transparent testing and subsequently demonstrates credible performance on a live account under agreed risk limits, we can discuss the final payment and continued collaboration.

I am looking for a serious coder and strategist who is interested in building something reliable over time, rather than simply delivering code and disappearing.

Project Requirements

• Develop a clear, rules-based Forex trading strategy.

• Code or improve an MT5 Expert Advisor using MQL5.

• Focus on risk management, controlled drawdown, and consistent execution.

• Conduct backtesting using appropriate historical data.

• Test and review results weekly, making improvements where the evidence supports them.

• Provide the complete .mq5 source code and documentation.

• Explain the strategy, entry and exit rules, stop-loss, take-profit, and risk settings.

• Support demo forward testing before any live-account evaluation.

• Maintain transparent reporting of profits, losses, drawdown, and other performance metrics.

Budget and Weekly Payment Plan

Total initial budget: $150 USD, paid in four weekly instalments of $37.50 each.

• Week 1 — $37.50: Strategy review, trading rules, risk-management plan, and development roadmap.

• Week 2 — $37.50: Initial EA development or improvement, source code, and functional testing.

• Week 3 — $37.50: Backtesting, results analysis, debugging, and agreed improvements.

• Week 4 — $37.50: Final corrections, test report, source code, documentation, and forward-testing plan.

Each instalment will be released after the agreed deliverables for that week have been submitted and reviewed.

Performance Evaluation

After the first month, we will review the EA's backtesting and demo forward-testing results. If the results are promising, we can proceed to a carefully controlled live-account evaluation, with agreed limits on risk and drawdown.

Any payment withheld until live-account performance is demonstrated, or any additional performance-based payment, must be agreed in writing beforehand. Profitability cannot be guaranteed, and the evaluation must consider risk and drawdown—not profit alone.

Ideal Developer

• Strong MT5 and MQL5 programming experience.

• Practical knowledge of Forex strategy development and risk management.

• Experience with strategy testing and performance analysis.

• Willingness to communicate regularly and work collaboratively.

• Honest reporting, complete source-code delivery, and a long-term mindset.

Please apply with examples of previous EAs, your development approach, your proposed strategy-development process, and how you would use the $150 budget to deliver measurable progress over four weeks.