Expert using DR/IDR

MQL5 Experten

Spezifikation

Example job for reference: https://www.mql5.com/en/job/205358


Sample indicators for reference:

https://www.mql5.com/en/market/product/91851?source=Site+Profile+Seller

https://www.mql5.com/en/market/product/93360?source=Site+Profile+Seller

https://www.mql5.com/en/market/product/90770?source=Site+Profile+Seller

Trading View indicator: DR/IDR V1.5


DR/IDR Explanation: https://www.youtube.com/watch?v=Uxwr4CVhGhg


Basically this EA should do the following:

1. Draw DR and IDR lines using high/low and open/close respectively of the M5 candles within the Session Time Range given in table below. 

2. Draw lines extending from DR & IDR to show the Possible Trading Window given in table below.

3. Draw lines at 50% (middle of DR/IDR) and also 100%, 200%, 300% extensions above & below 

4. Position open when price crosses & closes above/below DR lines and only within the Possible Trading Window given in table below. 

5. SL to be set at low of crossed & closed candle (+/- input points)

6.  TP to be set at 3 times the vale of SL in points


User can input:

1. Which session (DR mode) to be used for trading or displayed on chart

2. All time values 

3. Lot size 


DR mode Note Session Time Range

Possible Trading Window

ODR

Outside/Overnight Session defining range (London Session)

03:00 - 04:00 EST
OR

08:00 - 09:00 GMT

04:00 - 08:30 EST
OR

09:00 - 13:30 GMT

RDR

Regular Session defining range (New York Session)

09:30 - 10:30 EST
OR

14:30 - 15:30 GMT

10:30 - 16:00 EST
OR

15:30 - 21:00 GMT

ADR

After/Asia Session defining range (Asian Session)

19:30 - 20:30 EST
OR

00:30 - 01:30 GMT

20:30 - 02:00 EST
OR

01:30 - 07:00 GMT

EST to GMT was calculated using GMT-5 or GMT-6 depending on Daylight Savings.


Please message me if any questions!


Thanks, BK













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