A Simple MT5 Expert Advisor Based on EMA20 Breakout Strategy

指定


Description: I am looking for a skilled MQL5 developer to create an MT5 Expert Advisor (EA) based on a specific breakout trading strategy.


Below are the details of the EA's functionality and parameters:

Strategy Details:

  1. Entry Conditions:

    • Buy: Enter a BUY trade when the price closes above the EMA20 on a 5-minute timeframe.

    • Sell: Enter a SELL trade when the price closes below the EMA20 on a 5-minute timeframe.

  2. Exit Conditions:

    • Fixed Stop Loss (SL): 8 pips.

    • Fixed Take Profit (TP): 2 pips.

  3. Trading Time Restrictions:

    • Trades should only be executed during the following sessions (broker time, GMT+2):

      • 9:00 AM to 12:00 PM (London session).

      • 2:00 PM to 5:00 PM (New York session).

    • No trades should be opened outside of these time windows.

  4. News Filter:

    • Disable trading 10 minutes before and 10 minutes after major news events.


Parameters to Include:

  1. Lot Size: Adjustable lot size (default: 3.75 lots).

  2. Risk Per Trade (%): Adjustable risk percentage per trade (default: 3%).

  3. Stop Loss (pips): Adjustable stop loss (default: 8 pips).

  4. Take Profit (pips): Adjustable take profit (default: 2 pips).

  5. EMA Period: Adjustable EMA period (default: 20).

  6. Spread Filter: Adjustable maximum allowable spread for trade execution (default: 2.3 pips).

  7. Testing Mode: Yes/No parameter to simulate a spread of 2.3 pips in the MT5 Strategy Tester. This parameter should:

    • Yes: Add 2.3 pips to the spread during testing.

    • No: Use the default spread in the Strategy Tester.


Additional Notes:

  • The EA must only take one trade at a time.

  • Trading is disabled for 10 minutes before and after major news events.

  • The "Testing Mode" parameter is exclusively for backtesting purposes and will not impact live trading.

  • The EA should be coded with efficient and clean code to ensure smooth operation and performance.

  • Include basic error handling to prevent issues during execution.


Deliverables:

  1. Fully functional MT5 Expert Advisor file (.ex5).

  2. Source code (.mq5) for future modifications.

  3. Brief documentation explaining the parameters and setup process.


Requirements:

  • Proven experience in MQL5 development.

  • Familiarity with EMA-based strategies and breakout trading.

  • Ability to include a testing-specific parameter as described above.


Please include examples of previous EAs you’ve developed and your estimated timeline for completion. Feel free to ask if any clarification is needed.




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