Expert Advisor (EA) Enhancement Specialist for Martingale Strategy

Mql5; Massachusetts; On-site; USD 80,000 - 100,000; Full time

Job summary

Join a forward-thinking company as an Expert Advisor Enhancement Specialist, where your skills in MQL4/MQL5 development will be crucial. This role focuses on refining a Martingale-based Expert Advisor to enhance its trading logic and drawdown recovery systems. You will analyze existing strategies, implement advanced technical indicators, and ensure compatibility with both MT4 and MT5 platforms. Your expertise will help create a robust trading tool that adapts to varying market conditions, ensuring reliability and performance. If you're passionate about optimizing trading strategies and delivering high-quality solutions, this opportunity is perfect for you.

Qualifications

• Proven experience in MQL4/MQL5 development and Martingale strategies.
• Strong knowledge of technical indicators and risk management.

Responsibilities

• Enhance the trade entry logic using additional filters and validation.
• Optimize the drawdown recovery system for efficiency and adaptability.

Skills

MQL4/MQL5 Development

Martingale Strategies

Technical Indicators

Drawdown Recovery Systems

Risk Management Techniques

Code Documentation

Education

Experience in Trading Software Development

Tools

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

Job description

Read the Rules before you post an order or execute it

Expert Advisor (EA) Enhancement Specialist for Martingale Strategy

Description:
We are looking for a skilled MQL4/MQL5 developer to enhance our existing Martingale-based Expert Advisor (EA). The EA currently operates using Moving Average (MA) and Relative Strength Index (RSI) indicators for trade entries and includes a built-in drawdown (DD) recovery system. The objective is to refine its trade logic by introducing additional parameters to minimize false trades, further optimize the drawdown recovery system, and ensure the EA is adaptable to both MT4 and MT5 platforms.

Project Scope:

Enhance Trade Entry Logic:

1. Analyze the current MA and RSI-based logic for trade entries.
2. Add additional filters such as Bollinger Bands, MACD, Stochastic Oscillator, or other indicators to confirm trade signals and avoid false trades.
3. Implement multi-timeframe validation to improve signal accuracy.
4. Introduce a volatility filter to avoid trades during low-volume or highly erratic market conditions.
5. Fine-tune existing parameters to optimize the balance between trade frequency and accuracy.

Optimize the Drawdown Recovery System:

1. Refine the existing drawdown recovery logic for greater efficiency.
2. Introduce dynamic recovery mechanisms that adapt to market conditions.
3. Allow for user-defined thresholds to trigger recovery trades only under optimal conditions.
4. Add risk control mechanisms to prevent overexposure during recovery phases.

Robustness and Usability Improvements:

1. Improve the EA’s interface for easier parameter adjustments.
2. Ensure all new features are compatible with the existing structure.
3. Optimize the EA’s performance for low latency and fast execution.

Make the EA Most Powerful:

1. Leverage your expertise to maximize the EA’s potential, enhancing its adaptability to varying market conditions.
2. Provide thorough testing and performance validation across multiple scenarios.
3. Deliver a robust and efficient trading tool that ensures reliability and consistent results.

Requirements:

1. Proven experience in MQL4/MQL5 development with expertise in Martingale-based strategies.
2. Strong knowledge of technical indicators and their integration for trading logic.
3. Hands-on experience with drawdown recovery systems and risk management techniques.
4. Ability to deliver clean, well-documented code and provide post-delivery support for debugging and optimization.
5. Fully enhanced and optimized EA with updated trade logic and drawdown recovery system.
6. Conversion of the final EA from MT4 to MT5 with seamless functionality.
7. Detailed documentation of all new parameters, features, and usage instructions.
8. Backtesting results demonstrating improved performance and reduced false trades.

Platform: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)