Development and Update of a MetaTrader 4 and MetaTrader 5 Bot from an existing MT4 bot

Terms of Reference: Development and Update of a MetaTrader 4 and MetaTrader 5 Bot

Project Context:

I currently own a MetaTrader 4 bot (Expert Advisor - EA) specialized in gold trading. I want to:

1. Update the MetaTrader 4 version to integrate new features and secure the bot.
2. Create a MetaTrader 5 version of this bot, with the same characteristics and functionalities.

Project Objectives:

1. Updating the MetaTrader 4 (MT4) bot:

   • Review and improve the existing code to optimize performance.
   • Add new features, including an authentication and licensing system to secure the bot.
   • Improve the user interface to facilitate the configuration of parameters (lot size, stop loss, take profit, etc.).
   • Add notifications (pop-up or email) in case of important actions (e.g., opening or closing a position).

2. Development of the MetaTrader 5 (MT5) version:

   • Create an identical version of the bot in MQL5 for MetaTrader 5, with the same trading logic and parameters as the MT4 version.
   • Ensure that the bot works optimally with the specific features of MetaTrader 5, such as advanced order types and instrument management.
   • Integrate the authentication and licensing system into the MT5 version, similar to the MT4 version.

3. Securing the bot (MT4 and MT5):

   • Implement a licensing system to prevent unauthorized use of the bot.
   • Each user must have an account and obtain a valid license key before activating the bot.
   • Set up a periodic (monthly) verification system for the license's validity via an API connected to a website.

4. Multi-account support (Premium option):

   • Allow the bot to be used on multiple accounts for users who subscribe to a premium plan.

Additional Features:

• Customizable user interface to adjust bot parameters.
• Email or MetaTrader interface notifications based on market events or execution.
• Order management: take profit, stop loss, trailing stop, and risk management.
• Bot optimization for better performance during volatile gold market movements.

Deliverables:

1. Updated MetaTrader 4 (EA) bot, including new features and security.
2. New MetaTrader 5 (EA) bot, fully functional with the same characteristics as the MT4 version.

Required Skills:

• Proven experience in developing Expert Advisors for MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5).
• Expertise in optimizing trading bots for volatile markets like gold.
• Knowledge of integrating authentication and licensing systems to secure the software.

Contact:

For any questions or further details, please contact me at: [Your email here].