MT4 Expert Advisor Programmer

  • Status Closed
  • Budget $30 - $250 NZD
  • Total Bids 6

Project Description

I am looking for an experienced MT4 developer to create and Expert Advisor. I have large parts of the code that I use as a comment indicator on my screen so I can manually trade, I will provide all this to the programmer. Basically I am looking for someone to group it all together and add in additional levels of analysis and automate it.

The EA will be based on price action only so will not require any specific indicators.

The focus is on the Daily time-frame but I am also interested in all other time frames to see performance, especially the 1hr and 4hr.


Will be based on simple criteria including high, low, open, close and a retrace level of those. I have coded the simple entry criteria, I will provide this to the winning bidder.

I will need to add in additional levels of analysis so the EA can analyse the previous candle and work out whether to go long or short. This will be also be based on the open, low, high, close and range.

Entry orders will always be pending orders and will be executed immediately after the close of the candle

Position Sizing:

I already have the code for this part of the EA, basically entry position size is based on % of account equity and takes into consideration the stop loss in pips. The % will need to be a variable that can be changed.

Trade management:

Profit target - is to be set from an input, (stop loss in pips x input (1,2,3..) = profit target in pips) this will be pips away from the open. I already have this code and will provide to winning bidder.

Stop Loss - is based on the low or high of previous candle +/- spread.

Trailing stop - need to move stop to break-even once profit in pips is = to stop loss in pips.

Trades everyday 24 hours a day (for lower time frames will need to be able to adjust trading times to set times).

Need EA to be able to automatically close all pending orders at a particular time of the day which will be a variable i can change.

Would like to be able to back test the EA.

Programmer must provide a confidentiality agreement.

i look forward to working with you.

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