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Execution time 2 days
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Create an EA that trades the ICT Silver Bullet Strategy with the following criteria:
10am New York time, set a limit order on the formation of the 1st FVG at the close of the 3rd candle (the three candle pattern that makes the FVG).
Set SL to the bottom of the 1st candle range (for buys) or the top of the 1st candle range (for sells)
Set TP to 2x the pips of the SL (For 1 to 2 risk vs reward)
NOTE: The EA should only take one trade per day
At 4pm New York Time, close any active trades or limit orders if no trade was triggered on the chart the EA is placed on.
NOTE: I'm not sure how you handle the time since MT4 is on broker time. Perhaps a user setting to choose the broker time? Will leave that to your expertise to figure out.
USER INPUTS:
Max Spread: Default 2 pips
Max Slippage: Default 3 pips
Minimum FVG Size (in pips):
Risk Per Trade: Percent of Balance
NOTE: The EA should only use the 5 minute chart for finding trades on regardless of the timeframe the user has the the chart open on.
This strategy based on YouTuber "Casper SMC" I've linked his short video explaining the strategy in detail in case my explanation is not clear.
https://www.youtube.com/watch?v=Inl4-Cijr4I
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