ATR-HEMA Flow Strategy

📌 Requirements Specification – ATR + HEMA + Price Action EA

1. Strategy Logic

• Trend Filter:

  • Use HEMA (Hull Exponential Moving Average) as the trend confirmation tool.

  • Buy only when price is above HEMA and slope is upward.

  • Sell only when price is below HEMA and slope is downward.

• Entry Conditions:

  • Detect CHoCH (Change of Character) and BOS (Break of Structure) from recent swing highs/lows.

  • Confirm entry when BOS/CHoCH aligns with the HEMA trend.

  • Option to enter at FVG (Fair Value Gap) retest or candle close.

• Exit Conditions:

  • Exit on opposite CHoCH signal.

  • Or use ATR-based Trailing Stop Loss (TSL).

  • Option to enable both (whichever triggers first).

2. Risk Management

• Lot size: fixed or risk-based (percentage of balance).

• Stop Loss: based on ATR multiplier (configurable, e.g., 1.5x ATR).

• Take Profit: configurable (R-multiple, ATR target, or custom pips).

• Partial Close: option to close % of position at TP1, move SL to breakeven.

3. Trade Management

• ATR Trailing Stop:

  • Adjustable ATR period & multiplier.

  • Trail dynamically below/above price.

• Only one trade per signal (avoid stacking unless re-entry option enabled).

• Re-entry allowed after SL/TP if conditions are still valid.

4. Inputs & Parameters

• Timeframe to trade (default M1/M5).

• ATR Period & Multiplier.

• HEMA Period.

• Enable/disable BOS + CHoCH logic.

• Enable/disable ATR trailing stop.

• Enable/disable partial close.

• Risk % or fixed lot.

5. Visuals & Alerts

• Mark BOS/CHoCH on chart (labels).

• Draw ATR trailing stop line.

• Highlight FVG zones (if enabled).

• Alerts: popup, push notification, email when trade opens/closes.

6. Extra Features

• Spread filter (don’t trade if spread > X).

• Trading hours filter (NY, London sessions).

• Max open trades filter.

• News filter (optional).