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Hi guys
I would like to make a SMC EA for MT5 based on 5 timeframes analyzing the same price action.
First of all here's a video which helped me for this: https://www.youtube.com/watch?v=vEXji2ClXMc
The EA needs to recognize:
- Market Structure highs and Lows (Swing Points)
- BOS = Bodyclose above/below last swing point
- Discount/Premium/Equilibrium
- Orderblocks
- Imbalances/Fair Value Gaps (FVG)
- Liquidity (Fractals)
·
Other Information:
- If price reacts in Discount then it’s weak
- Don’t mark Orderblock in Discount
- Trading in both directions according to the timeframe BIAS
- Add Trading times (Killzones)
- Marking Multi Timeframe zones/bias
- Showing BIAS of all 5 timeframes on the top
- Marking Orderblocks for all timeframes
- Analyzing all 5 timeframes according to the flow chart
- Adding colors for lines and orderblock of each Timeframe
- Adding 5 Timeframes as inputs: HTF / MTF / LTF
- Mark Range from high to low and low to high
A Range is marked from the last Swing High to Swing Low and vice versa. Then we always have the same flow chart for all timeframes:
In addition, I need like on top a dashboard or something else where I can see the BIAS of my timeframes. The BIAS gets determined by analyzing the previous BOS.
Let me know what you think about and I would very appreciate if you can show me some work you've done in the past for projects like this.
Thanks in advance!
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