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I am seeking a developer who can provide a high-quality, efficient, and reliable EA for MT5

MQL5 Experts

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I am seeking a developer who can provide a high-quality, efficient, and reliable EA that meets our requirements to enhance our trading strategy.

Please note that the project will be awarded to the selected developer, and the budget for this project is $50.



Project Overview

" Fx- Savvy EA" 
Fx-Savvy  project is a specialized initiative in the forex trading world, focusing on synthetic indices trading, particularly Boom and Crash markets. The EA (Expert Advisor) to be developed under this project will automate trading decisions based on carefully defined technical analysis indicators and market conditions.

 1. Trading Strategy Overview

The EA will focus exclusively on:

* Buy trades for Boom indices.
* Sell trades for Crash indices.

 2. Indicators and Parameters

The EA's trading decisions will be based on the following indicators:

a. Relative Strength Index (RSI)
Period: 14
Applied to: Close

b. Moving Average (MA)

*Period: 200
Method: Simple
Applied to: Close

c. Moving Average (MA)

*Period: 50
Method: Simple
Applied to: Close


 3. Trade Execution Conditions

 3.1 Buy Conditions (Boom Indices)

a) Moving Average Crossover: 

MA 50 must cross above MA 200, with MA 50 fully above MA 200.

b) Initial Spike:

A spike in the market must have occurred.


c) RSI Condition:

After a spike, the RSI curve (14-period) must revert to the level where the spike initially occurred.


 Example: If a spike occurs at RSI level 25 and reaches level 50, the RSI curve must return to level 25 before the EA opens a buy trade.

d) Price Behavior :

The market price must be above of the beginning level of initial spike by a specified number of candles.





 3.2 Sell Conditions (Crash Indices)


a) Moving Average Crossover: 

MA 50 must cross below MA 200, with MA 50 fully below MA 200.

b) Initial Spike:

A spike in the market must have occurred.


c) RSI Condition :

After a spike, the RSI curve (14-period) must revert to the level where the spike initially occurred.


 Example : If a spike occurs at RSI level 75 and reaches level 35, the RSI curve must return to level 75 before the EA opens a sell trade.

d) Price Behavior:

The market price must be below of the beginning level of initial spike  by a specified number of candles.




NOTE: 

If an open trade operates at a loss, the EA will open a specified number of additional trades after each certain number of candles. Users should be able to enable or disable this feature and customize it.

When adding positions after an initial spike, no additional trades should be opened based on the added positions themselves.

For example, if the strategy dictates adding 2 positions after an initial spike (referred to as 'A'), these positions (B1) should be opened after 3 candles. Then, another 2 positions (B2) should be opened after an additional 3 candles, if the open positions continue to operate in loss from B1.

The sequence of position openings follows the initial spike 'A' only, and the added positions (B1, B2) do not trigger further trades on their own."

This wording clarifies that the rule for adding positions is based solely on the initial spike and does not extend to the trades added afterward.


 4. Stop Loss (SL) Conditions

The Stop Loss (SL) will be placed at specified number of candles away from the initial spike price.

 Example:

  • Boom Indices : If the spike occurred at 17177.54, the SL will be placed below this price by a specified number of candles.
  • Crash Indices : If the spike occurred at 5770.3570, the SL will be placed above this price by a specified number of candles.

 5. Take Profit (TP) Conditions

  • Manual TP: Trades can be closed manually.
  • Automated TP: If the auto TP is enabled, it will be triggered once the market price crosses back below (for buy trades) or above (for sell trades) the MA ( Period: 200, Method: Simple, Applied to: Close).


6. Trailing stop 

The EA incorporate a Trailing Stop Loss to effectively secure profits after each spike. Trailing Stop  activates only when the profit reaches a user-defined trigger level. The Trailing Stop should be adjustable based on a percentage of the total profit once the trigger level is met, with customization options for the trigger level and trailing percentage.


 For example, if the trigger level is set to $7 and the Trailing Stop is configured at 30%, the Stop Loss will only activate once the profit reaches $7. If the first spike results in a $10 profit, the Stop Loss will be adjusted to secure $3 (30% of $10). If a subsequent spike increases the total profit to $16, the Stop Loss will be recalibrated to protect $4.80 (30% of $16).

 Users should be able to enable or disable this feature and customize both the trigger level and trailing percentage according to their risk management preferences.


 7. EA Customization Options

  • Choose the number of trades to open once conditions are met.
  • Enable or disable the feature of adding positions once the open trades operate in loss.
  • Define the number of candles after each to add trades if operating at a loss.
  • Set the number of additional trades to be opened if operating at a loss.
  • Enable or disable  trailing stop.
  •  Set triggered profit level or amount to start trailing.
  • Set the trailing stop percentage 
  • Set the lot size for trades.
  • Specify the number of candles to place the SL.
  • Choose whether to take profit manually or automatically.

 8.  Limitations

  • The EA will be restricted to a specific trading account (Client Account ID) approved by the EA owner.
  • Each EA copy provided to the client will have an expiration date, which the EA owner can set.

 9. Alerts and Notifications

The EA will provide alerts for the following events:

  • When a trade is opened, with full details.
  • When an open position hits the Stop Loss (SL).
  • When an open trade hits the Take Profit (TP).
  • Notification of client account expiration.


 10. Design and Interface

  • The EA’s interface will display the owner's information, including the EA name, owner name, and contact details.
  • The EA will have a clean interface with a sky-blue color scheme.
  • No graphic indicators or curves will be displayed on the chart.






















Répondu

1
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17%
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35% / 30%
En retard
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5%
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2
Développeur 2
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Développeur 3
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Développeur 4
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Développeur 5
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Projets
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27%
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3
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Informations sur le projet

Budget
30 - 50 USD
Délais
de 1 à 2 jour(s)

Client

Commandes passées1
Nombre d'arbitrages0