London Open EA with video break down further explaining the idea.

Price Action Model EA Trader Profile: Personality Short On Patience – Finds No Comfort In Long Term Or Intraday Risk. Trader has a Smart Phone for instant updates and order entry and stop management. Price alerts sent via Text message to alert when orders execute and or scaling thresholds are reached. Model: Short Term Trading 1-3 Days In Duration. Entry times London Open - mid London session Trade Objectives: 50-100 pips on average. Trade Frequency: 1-2 times per week. Trading Days Of Focus: Tuesday, Wednesday and Thursday.

https://drive.google.com/drive/folders/1MVMc1b2hXcLQC8w9Rf5rihtCrUjf_djQ?usp=sharing

Please watch Videos before bidding on the project - I want the EA to execute as per the model description in the videos to handle trade entry, trade management.

Levels of interest for entry - Old Daily low's for resting sell side liquidity or Old Daily highs for resting buy side liquidity OR liquidity Voids - All levels must be from the most recent 20 trading days. The Level of interest must converge within 5 pips of a Standard deviation level of the asian range - ie Standard Deviation 1 - 2 or 3 within 5 pips off. We are after snappy judas price action which raids a level.

- extern settings to modify zone of time to specify start and end time of Asian range (this will be used for the EA to measure and mark out 1 - 2 and 3 standard deviations of price on the chart

- We are only looking to open positions between london open to mid london or newyork open  on Tuesday or Wednesday. IF Limit order are not hit by NY Close on Wednesday they trades should be cancelled.

- We are looking to SHORT above  the opening Tuesdays Europe Open price Or we are looking to go LONG Below the Europe open price AFTER the market runs a old HIGH or LOW of the last 20 days of trading.

- Entry type 2 place a buy stop at the Asian Range High of Tuesday + 1 pip at 2:00am EST and use the rest of the risk, money management parameters. Also place a sell stop at the Asian Rangle Low of Tuesday - 1 pip and use the rest of the risk parameters in the EA. Ability to turn this signal type on or off.

- When we are Bullish, we will frame a Long Entry when price has moved down between 2 - 3 standard deviations on the asian range price action & taking out a old DAILY Low with resting sell side liquidity.

- When we are Bearish, we will frame a Short Entry when price has moved above between 2 - 3 standard deviations of the asian range price action $ taken out a old DAILY high with resting buy side liquidity.

Position sizing and TP management

We will set our positions in the form of resting Limit orders. Each other will be split into 2 orders. The only difference will be the Take profit levels. One trade will have a TP level at 50 pips - the other trade will have its TP at 75 PIPS. The EA will have extern settings to alter the TP and SL.

EA should have risk parameters within extern settings ie % risk per trade

SL Management

When we are in profit 25% of our expected objecting, stop loss can be reduced by 25%.
Wehn we are in profit 50% of our expected objectivce, stop loss can be reduced by 50%
When the position is at 75% of the expected profit objective, stop should be moved to break even +1 pip

Money Management

Drop the Risk % by 50% IF previous trade hit its Stop loss.

WHen account  has recovered 50% of the drawdown on equity the EA is permitted to trade with full risk % again.

IF the EA experiences a loss further reduce the risk % by a further 50% until the previous trade loss is recovered by 50%