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Overview: I'm searching for a highly skilled and experienced MQL5 coder to create an Expert Advisor (EA) based on a purchased indicator from the MQL5 marketplace. The EA should execute trades with specific trade management settings, allowing full customization for trade entry, stop loss, trailing, and lot sizes, as well as handling opposite signals. Only serious applicants should apply, as I have no time to waste.
Important Note:
Only apply if you truly know what you're doing. I am tired of wasting days on endless conversations with coders who promise they can do everything but ultimately fall short. Please only respond if you are absolutely confident in your skills and have a proven track record of successfully building EAs like the one described below.
I have an existing source code from an older EA project that was designed for a different indicator. If you prefer, you can adapt this code to meet the requirements for the new indicator.
However, it is critical that you adjust the entry specifications to match the new indicator’s behavior and signals accurately—this means fine-tuning how the EA interprets the entry signals from the new indicator to ensure optimal performance.
1. Trade Execution According to Indicator Signals
- The EA must open trades based on signals generated by the purchased indicator.
- Customizable Trade Settings:
- Open All Trades: Option to open all trades according to each signal.
- Selective Trades: Ability to select specific trades to open (e.g., only trade 1, 2, 3, or 4).
- Percentage Allocation per Trade: Define a percentage allocation for each trade (e.g., if opening four trades in a cycle: 50%, 30%, 10%, and 10%).
Project Structure:
- Initial Demo Version Requirement:
The developer must first deliver a functional demo version of the EA, which will be used for testing and backtesting purposes. Only upon successful delivery and demonstration of the EA's capabilities will the full contract be awarded. This demo version will serve as a proof of your skills. - Long-Term Collaboration:
This project is not limited to a single indicator—it is an ongoing project where multiple indicators will be integrated into the EA over time. This initial job serves as a test to find the right coder for the long-term development of a complex trading system.
2. Stop Loss (SL) and Trailing Stop Settings
- SL Management:
- Move SL to Entry: Move SL to break even after hitting certain profit levels (e.g., TP1, TP2, or TP3).
- Adjust SL by Percentage: SL should adjust by a defined percentage once specific targets are hit.
- Retain Original SL: Option to keep the original SL in place, regardless of profit targets reached.
3. Lot Size Settings
- Provide versatile lot size configurations, such as:
- Percentage per Cycle: Set lot size as a percentage of the available account balance per trading cycle.
- Fixed Lot Size: Trade using a fixed lot size.
- Auto Lot by Account Equity: Calculate lot size based on a specific dollar amount of account equity.
4. Handling Opposite Signals During an Open Cycle
- When an opposite signal is generated, the EA should handle existing trades in one of the following ways:
- Close Open Trades: Close all open trades upon receiving an opposite signal.
- Keep Trades Running: Allow open trades to continue running with their original SL and TP settings, despite any new signals.
5. Custom Comment Settings for Trades
- Ability to add custom comments for each trade, including:
- Comment by Timeframe: Automatically include the timeframe of the signal in the trade comment.
- Comment by Cycle Number: Track the number of trading cycles and include it in the comment (e.g., "Cycle Number 23").
Requirements:
- Proficiency in MQL5 Coding: You must have extensive experience in coding for MetaTrader 5, especially in integrating custom indicators into automated trading systems.
- Proven Track Record: Please only apply if you have a solid portfolio of successful EA projects that align with these requirements.
- No Time Wasters: I need someone who understands how to implement the above features without guesswork or trial-and-error approaches.
Deliverables:
- Complete and thoroughly tested EA file (.ex5).
- Source code for future customization.
- Documentation explaining the parameters and how to use the EA effectively.
How to Apply: Please respond only if you are completely confident in your ability to deliver what is described. Include:
- Examples of similar projects you've successfully completed.
- Your suggestions for improving the current requirements, if any.