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Free MT5 project planning tool

MT5 Expert Advisor Requirements Generator

Turn a strategy idea into a clearer development brief before coding starts. The tool does not design or validate the strategy for you; it helps expose missing rules that would otherwise become guesswork during development.

Fill the fields above, then generate the brief.

Why this matters before MT5 development

Many strategy descriptions mix objective rules with visual judgment. A developer cannot reliably code phrases such as “strong candle”, “good support”, “clean breakout” or “enter when momentum looks right” unless each one is converted into measurable conditions. A structured brief makes those ambiguities visible early.

What a complete EA specification should cover

  • Signal definition: exact indicator, price-action or structure conditions and the order in which they must occur.
  • State: whether a setup remains valid for one candle, several bars, until invalidated, or until a session ends.
  • Execution: market versus pending orders, maximum spread, slippage behavior and retry rules.
  • Risk: fixed volume or percentage risk, total portfolio exposure and daily loss limits.
  • Management: partial closes, break-even, trailing stops, pyramiding and opposite-signal behavior.
  • Failure behavior: what the EA does when the broker rejects an order, data is missing or the terminal reconnects.
  • Validation: data period, metrics and acceptance criteria for backtest and forward test.

Related resources

This tool helps document software requirements. It does not evaluate whether a trading strategy is profitable and does not provide financial advice.