Session Breaks & FVG EA
The Strategy:
Developing a Session Breaks and FVG EA for MT5 involves creating an automated trading strategy that can trade based on specific rules related to session breaks and fair value gap FVG.
Session Marking Time & High and Low:
I want EA mark on chart 4 times sessions and High and Low for each session
Time Zone (Broker time zone)
Range Type (Wick to Wick)
Session 1 (02:00 – 07:00)
Session 2 (07:00 – 15:00)
Session 3 (15:00 – 20:00)
Session 4 (20:00 – 02:00)
- Able to input start hour and minute for each session.
- Able to input finish hour and minute for each session.
Fair Value Gap FVG:
EA can Identify Bullish FVG and Bearish FVG
Entry Conditions
1st condition must meet then look for 2nd condition.
1st condition is the price in current session must Break Previous Session High or Low
If its break previous session High look for Sell only
If its break previous session Low look for Buy only
2nd condition is after break of previous session look for FVG to form.
If Previous Session Low was broken Look for Bullish FVG only to set buy limit order.
If Previous Session High was broken Look for Bearish FVG only to set sell limit order.
Limit order will at box edge of FVG price
If second FVG formed set limit order also
- Input how many max pending limits order can place: 1, 2 ,3 etc
- Input how many max positions can open: 1, 2, 3 etc
If current session ended any pending order for current session must be deleted.
- Option: When starting next session delete all pending (True/False)
If False input to keep pending limit order for how many minutes extra when new session start: 1 = 1 minutes.
Opened position must be kept until hit tp or sl.
Stop Loss calculation setting
Option 1: at current session High for sell / current session Low for buy.
- Input to add additional pips for stop loss above/below stop loss
Option 2: Fixed stop loss in pips
Take Profit calculation setting
Option 1: RR ratio size of Stop Loss option to chose 1:1,1:2,1:3 etc multiple of stoploss size
- Input to add Reward ratio ( if 1 = 1:1), if (2 = 1:2) etc..
Option 2: Fixed Take Profit in pips
Trailing Stoploss
Need a simple trailing stoploss when position in profit.
Trailing start = in pips from entry price
Trailing size = size in pips from trailing start
Trailing step = size of trailing to move with price
Money Management
Risk percentage per stop loss size
Risk per Fixed Lot Size
Order Sending
Option to send order in which session:
Session 1 (Ture – False)
Session 2 (Ture – False)
Session 3 (Ture – False)
Session 4 (Ture – False)
Trade on / off based of Day:
Monday (true/false)
Tuesday (true/false)
Wednesday (true/false)
Thursday (true/false)
Friday (true/false)
Saturday (true/false)
Sunday (true/false)
Notes:
Can work on any timeframe (1m, 5m, 15m… etc)
Can work on any pair (forex, metals, crypto, indices... etc)
Backtest should be fast and smooth.
Benzer siparişler
Hello, I am looking for a professional programmer to create a trading expert on the MT4 platform, integrating it with ChatGPT to analyze currencies using various methods to make the right trading decisions. Further details will be provided to the applicants later
I have developed a very strong TradingView strategy in Pine Script but unfortunately, a third-party connector is requiired and in my opinion, I want a more direct connection. I am not brilliant at coding, but I have coded the majority of the MT5 code and I would like you to make sure that the MT5 code matches my TradingView script and executes the same way as the TradingView script that I will provide if you are
Program is based on RSI and MA indicators dynamic as triggers, for Open/Close criteria. Runs automatically but inputs can be updated manually. It uses a GUI to manage it. Multi TF analysis. Log register of every operation for analysis (db) Open Source deliver. Kindly apply IF you have previous experience with trading and mql/python/c bot/algo developing. And if you have a good track record . ps: Better if you have a
This is and EPA (Entry Point Analyzer). Automatically analyzes the algorithm for XAU/USD and places a safe entry point mark for your trade. This has been tested and gives out 90% success rates
I am looking for an experienced MQL5 developer to help me finalize and optimize an Expert Advisor (EA) for the FTMO challenge. I have already built a significant portion of the code, but it requires further refinement and optimization to ensure it functions according to the trading strategy I intend to use. I am happy to share all the resources, including the current code, reference materials, and detailed
dreams good and have a great Cash out from your smart phone , tuyoywuiy glamorous flood see full idk idk slow so dolls stupid sis workouts who's spark koalas oral waits also doggo idk
I need a modification on my existing Ea if you can Can fixed risk management to lot size instead of percentage. don’t want strategic risk management input to be based on percentage Instead lot size. The strategic risk management function I need turned from percentage to lot based And I need sells and buys to have separate tps and sl options Budget:$100 Day: 1 day
I have developed a very strong TradingView strategy in Pine Script but unfortunately, a third-party connector is requiired and in my opinion, I want a more direct connection. I am not brilliant at coding, but I have coded the majority of the MT5 code and I would like you to make sure that the MT5 code matches my TradingView script and executes the same way as the TradingView script that I will provide if you are
I need to get a trading forex robot based on support and accurate resistance and moving avarage more details will be provided on the video links I want a situation where by once I put the robot on the chart and choose buy or sell and the number to open then it will only buy or sell in that particular direction only
I need a developer that can convert two Buy and Sell indicators into a trading robot. the indicators has an input parameter, this should be made available for adjustment. Features 1. Break Even 2. Trailing Stop 3. Global TP and SL 5. Time Filter 6. News Filter (If possible)