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Request for development of a Forex MT5 trading bot - Asian session range

MQL5 Experts Forex Trading robot/indicator debugging

Specification

I am actively looking for a proficient MQL5 developer to craft a trading robot tailored for the EUR/USD pair on the M5 timeframe, specifically focused on the Asian session (8 pm to 12 am EST). Below, I've outlined additional details and refined requirements:

Strategy Details:

  1. Trading Pair: EUR/USD
  2. Timeframe: M5
  3. Session: Asian Session (8 pm to 12 am EST)
  4. Trigger Event: Open a single trade on the close of an M5 candle in either direction during the specified session.

Entry Criteria:

  • Measure the size of the range during the Asian session.
  • Draw a 50% middle line within the range.
  • Utilize this line as the entry point in the direction of the breakout candle.

Risk Management:

  • Customize risk per trade (up to 1% per trade).
  • Set Stop Loss (SL) on the line of the Asian range (top/bottom depends on the direction).
  • Take Profit (TP) level always at 2.5 times the Risk-Reward ratio from SL.

Position Management:

  • Allow only one trade per day during the Asian session.
  • Close the position (whether opened or not triggered) at 8.59 am EST.

Additional Information:

  • Refer to the provided screenshot for a visual representation of the strategy.

If you possess MQL5 expertise, a proven forex track record, and can adapt this strategy, we want to hear from you! Serious inquiries, please provide your portfolio and relevant experience.



Files:

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Screenshot_2023-12-05_at_11.53.39aPM.png
309.0 Kb
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Screenshot_2023-12-05_at_11.50.017PM.png
150.8 Kb
PNG
Screenshot_2023-12-05_at_11.49.436PM.png
237.1 Kb

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Project information

Budget
50 - 200 USD
Deadline
to 5 day(s)