EA Algo development for pending orders – MT5
In my opinion, this project should be straight forward as most coders are familiar with the common input settings. The only not so common part of the project is to do with psychological numbers (filter 3), but again not complicated. Strategy is very simple, but I want many user options included in this EA, so I can test the EA under many different market conditions.
Pending orders above & below candle or group of candles (user defined) on selection of candle
e.g., 5Min (user defined) every 30mins (user defined) = Order triggered
Option: Same price can be triggered again if market revisits the area (user defined as an additional second repeat order)
Option: Now, if the same strategy is applied on 3 chart layouts, each on different TF, then;
A) If 3 TF charts align: increase Lot size (user defined and optional)
B) If 2 ‘Filters’ (see below) align, increase Lot size (user defined and optional)
This strategy can work on its own without the filters / indicators (see below):
Filters:
The indicators below are user options, which makes the strategy more conservative.
Please note: I prefer if the MAs & Oscillators choices are coded as choice selection, rather than chart based as this will benefit MT5 performance.
Option Filter 1: Up to 3 x MAs (above or below MA then trigger) MT5 default settings (TF Choice)
Option Filter 2: 1 x Oscillator OB/OS (above OB – ready for sell, OS – ready for buy) (with TF choice)
This Filter 3 is the key part of EA, to code right:
Option Filter 3: Objective - Execution is on/near psychological level
Round numbers selected e.g., GBP 1.27000 = ‘00’ > 10 pips selected (like Step/Grid) = 1.27100
EA will look for rejection on ‘past PSY level’ based on ‘X’ look back candles (user input choice), on selected TF, to then allow entry order.
You will need to create the following input settings;
EA Input parameters settings required:
Strategy Settings: TF Chart Choice
Pairs (will need 5 at least)
Magic No
Lot Size
Max spread
Increase Lot size (3 TFs same signals)
Increase Lot size (2 Filters same signals)
Order Placed every XX period e.g., 15M
Hours to trade (3 options during day)
Candle Choice / Period (Custom) e.g., 1M TF > 07:59 – 08:03 (4 candles)
Next pending order Placed (e.g., every 15M or 30M or HR)
Main Execution: Pending Order (Above & Below candle)
Include Wicks (option) /Include Body (option)
Repeat Order price (option)
Standard EA settings: TP
SL
BE
Trailing
Min Profit Close: £
Max Orders placed
Filter Options: 1. MA (can be chart based)
(Choice selection) 2. MA (can be chart based)
3. MA (can be chart based)
Volume (can be chart based)
PSY Level
Risk Management: Step
(Martingale Option) Multiplier
Max Orders Martingale
Max DD alert
Close all orders
Alerts
_______________________________________________________________________
Похожие заказы
Hello Traders, Have a trading strategy or idea you want to automate? I specialize exclusively in MQL5 development, helping traders turn their concepts into professional trading solutions. Custom Expert Advisors — automate your strategy and reduce manual execution Custom Indicators — transform your market ideas into powerful trading tools Fix & Debug — identify errors and get your existing code working properly
please share: Strategy description — entry/exit rules, indicators used, timeframe(s), and instrument(s) (a written explanation, screenshots, or an existing indicator/EA to reference all work) Risk management rules — position sizing method (fixed lot / % risk), stop loss / take profit logic, max drawdown or daily loss limits, and whether martingale/grid/hedging is involved Broker & account details — broker name
I need a unique grid trading system for XAUUSD that combines entry, controlled two-sided grid expansion, DCA (Dollar Cost Averaging) basket profit control, hedging. Unlike traditional grid EAs that only trade against price, this unique grid system should dynamically build positions in both directions based on market movement, allowing flexible adaptation to changing conditions ie the grid needs to dynamically move
I need an experienced MQL5 developer to create a fully automated MT5 Expert Advisor called Ayoub Gold EA , focused exclusively on XAUUSD (Gold) . Main requirements: Platform: MT5 / MQL5. Fully automated BUY and SELL trading on XAUUSD. Must support broker suffixes such as XAUUSD, XAUUSD.f and XAUUSDm. Trading strategy based mainly on Range Breakout with trend confirmation. EMA, ADX and ATR filters. London/New York
Looking for an experienced Sierra Chart ACSIL/C++ developer to customize an existing footprint chart. I need 3 things: 7-Day ATR – calculate and display a configurable 7-day ATR. Custom Footprint – modify my existing footprint chart to match my preferred layout/data display. Automatic LVN – detect and plot Low Volume Nodes automatically based on volume distribution. I already have a working footprint chart, so no
//———————————————————————————————————————————————————————————————————— struct S_MCAV { double matureSum; double totalSum; double value; void Init () { matureSum = 0.0; totalSum = 0.0; value = 0.5; } void AddContext (int ctx) { totalSum += 1.0; if (ctx == 1) matureSum += 1.0; } void ApplyDecay (double rate) { matureSum *= rate; totalSum *= rate; } void Update () {
1. Title Development of a Custom MQL5 Expert Advisor for XAUUSD (MetaTrader 5) 2. Requirements Specification Overview: I am looking for an experienced MQL5 developer to build a robust, fully custom Expert Advisor (EA) for MetaTrader 5 tailored for trading Gold (XAUUSD). Core Specifications & Features: Asset & Timeframe: Designed specifically for XAUUSD. Timeframe should be selectable directly from the EA inputs
Cerco uno sviluppatore MQL5 esperto per sviluppare da zero un Expert Advisor completamente nuovo per XAUUSD su MT5. Non desidero un semplice Expert Advisor basato su indicatori fissi. Desidero un sistema di trading dinamico e adattivo, in grado di adattare il proprio comportamento alle mutevoli condizioni di mercato di XAUUSD. Lo sviluppatore dovrebbe essere libero di combinare qualsiasi tecnica ritenuta opportuna
I am looking for a Senior MQL5 Developer to create a new MetaTrader 5 Expert Advisor from scratch. I will provide a complete Requirements Specification containing objective entry, exit and risk-management rules. This is not a request to copy or decompile an existing product. Project requirements: Clean and modular MQL5 source code. Exact implementation of the supplied strategy. One signal evaluation per configured
I need a robust optimization of my MT5 EA, mainly for XAUUSD (Gold). Please optimize the existing adjustable parameters such as entry/exit settings, SL/TP, trailing/break-even settings, and any other strategy parameters that are appropriate. I want the optimization focused on stable profitability, low/moderate drawdown, and robustness rather than simply the highest possible profit. Please use out-of-sample testing