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Rules
Job finished
Specification
Hi, I'm looking for an experienced SMC developer to code me a simple EA based on the Asian session high and low and Fair value gaps.
The strategy for buy order.
1. Price must cross below the low of the Asian session.
2, Wait for a bullish FVG to form. Let price retest this FVG
3. Pending order is placed above FVG and target TP is the high of the Asian session.
4. Stop Loss is either the low of the bullish candle that forms the bullish FVG or predetermined pip.
5. For the TP, once price reaches halfway to the high of the Asian session, half of the position must close and allow the rest to run to TP/high of Asian session. SL must move to brake even on half way as well.
6. Sometimes multiple bulish FVG may form below the Asian session low. Allow the ea to take all FVG however, if stop loss is hit, implement a martingale feature on the next trade entry as a smart recovery. Do this for every FVG until TP or half way point is hit.
7. Flip the same for the strategy to sell order. So in simple terms buy when price forms a FVG below Asian session and sell when price forms a bearish FVG above Asian session.
Optional features
1. I want an option to Flip the strategy (For eg, when price brakes below the Asian session, allow the ea to still search for a bullish FVG HOWEVER, if stop loss is hit, the ea will immediately take a trade opposite to the previous order in order to recover the loss. Vise versa for sell order.
2. Include time filter.
See screenshot for an example. The blue lines in the screenshot represents the Asian high and low. Note: that sometimes the FVG forms on the Asian low or high line, this FVG when it happens is still valid
