MQ4 Indicator for London Killzone Forex

✅ Overview

Objective: Automate a high-RR, high-precision swing trading system that executes trades based on a 30-minute Trident pattern during the London Kill Zone (3:00 AM – 6:30 AM EST), following strict EMA and FVG-based rules with daily chart alignment.

⚙️ Instruments

• Markets: Futures, Forex

• Pairs to scan:

  • USDJPY

  • EURUSD

  • GBPUSD

  • NZDUSD

  • USDCAD

• Timeframes:

  • Entry chart: 30-minute

  • Bias/trend confirmation & TP guide: Daily chart

🕒 Kill Zone Timing

• Trade Window: 3:00 AM – 6:30 AM EST

• FVG Formation Window: 2:30 AM – 4:00 AM EST

All entries must occur within the kill zone. Bot must use broker/server time conversion logic to match EST.

📈 Indicators Used

1. Exponential Moving Averages:

   • 5 EMA

   • 9 EMA

   • 13 or 15 EMA

   • 21 EMA

   • 200 EMA

2. Candle Strength Indicator: (Will give you info on the indicator I use for that)

   • Green = strong bullish

   • Blue = mild bullish

   • Red = strong bearish

   • Black = mild bearish

3. Fair Value Gap (FVG):

   • Must be a clean, 3-candle gap on 30M chart.

📌 Entry Criteria – The Trident Pattern

1. Trend Bias:

   • Above 200 EMA → Longs only

   • Below 200 EMA → Shorts only

2. EMA Stack:

   • 5, 9, 13/15, 21 EMAs must be cleanly stacked in trend direction.

   • If EMAs are tangled or crossing, skip the setup.

3. FVG Formation (between 2:30–4:00 AM EST):

   • Identify a 3-candle FVG.

   • Mark its 50% level (consequent encroachment).

4. Doji Candle:

   • A doji must form after the FVG.

   • Wick of doji must enter FVG's 50% zone.

   • Body should be small (define threshold, e.g., <20% of candle range).

5. Confirmation Candle:

   • Must close below doji high (for longs).

   • For shorts, must close above doji low.

   • Entry occurs:

     • Immediately on close of confirmation candle OR

     • As limit order at 50% FVG (user-defined preference)

📉 Stop Loss

• Place SL below the low of the FVG candle (for longs)

• • Use candle close below FVG low for invalidation (logic toggle needed).

🎯 Take Profit Logic - Ability to turn on/off

• Monitor daily chart for structure continuation.

• Trail SL or exit based on:

  • Reversal candle on daily chart

  • EMA reversal (stack flattening or crossing)

Bot must support optional TP multipliers:

• e.g., auto-close at +3R, +5R, or on EMA break/reversal

🧮 Risk Parameters

• % Risk per trade (input by user)

• 
  

• Monitor live equity for prop firm drawdown limits (optional advanced logic if possible)

⚠️ Filters & Invalidations

• Do not enter if:

  • EMAs are not stacked cleanly

  • Kill zone window missed

  • Confirmation candle invalidates doji high/low

• Allow user to toggle:

  • Limit vs market entry

  • Candle close filter for SL

  • Asset filters (e.g., only trade Gold and Nasdaq)

📊 Logging & Alerts

• Generate a trade log for each entry:

  • Time, asset, direction, FVG details, EMAs, SL/TP, result

• Optional: Telegram/email/Discord alert on signal

• Performance tracking (optional): Win rate, average R, # of trades per week/month

🔐 Advanced (Optional Features)

• Visual plotting of:

  • FVG zones

  • 50% CE level

  • Entry/SL/TP levels