Development of a Signal-Only Expert Advisor (EA) for MetaTrader 5 based on Smart Money Concepts (Order Block + CHoCH + Engulf)

Şartname

Hello, hope you’re doing well 

Below is the scope of work and responsibilities for the project, so we can finalize the agreement before starting development.

Project Title:
Development of a Signal-Only Expert Advisor (EA) for MetaTrader 5 based on Smart Money Concepts (Order Block + CHoCH + Engulf)

Main Objective:
To build an analytical and signal-generating EA (no live trading) that automatically analyzes market structure and candle confirmations, sends trading alerts, and logs performance data for backtesting.


Developer Responsibilities:

  1. Develop the EA in MQL5 for the MetaTrader 5 platform.
  2. Use multi-timeframe logic:
    • Structure timeframe: 15 minutes
    • Trigger timeframe: 3 minutes
  3. Detect CHoCH (Change of Character), Order Blocks, and Engulf/Scoop candles according to the trading plan provided.
  4. Generate trade signals only after candle confirmation:
    • On-screen text alert
    • Sound alert
    • Push notification to mobile
  5. Log every signal to a CSV file, including time, direction, price, SL, TP, and result (for backtesting statistics).
  6. Calculate and display win rate, average RR, drawdown, and expectancy.
  7. Apply a time filter — the EA should only work between 09:00 and 12:00 server time.
  8. The EA must not open real positions — it only provides signals and logs them.
  9. Deliverables include:
    • Compiled file (.EX5)
    • Source code (.MQ5) if agreed upon
    • User guide / setup instructions (TXT or PDF)
  10. Provide at least 2 weeks of support after final delivery for bug fixes or minor adjustments.

Client Responsibilities (Me):

  • Provide the full trading plan and checklist for entries.
  • Test demo versions and provide feedback at each stage.
  • Release payments milestone by milestone after confirming functionality.
  • Retain full ownership of the analytical logic and strategy as the original author.


If you confirm these points, we can move to the contract stage and begin Phase 1 of the project.
Please confirm your agreement so I can initiate the first milestone payment.


Best regards,
SIAMAK GHASEMKHANI


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Proje bilgisi

Bütçe
30 - 150 USD
Son teslim tarihi
from 5 to 15 gün