EA with Fractal Sweep Strategy from 2 timeframes

Job finished

Execution time 20 days
Feedback from employee
Great employer! Thank you :)
Feedback from customer
Hasanboy is a hardworking developer, and I admired his patience on the collaboration. Thank you!

Specification

THE RULES OF THE FRACTAL SWEEP STRATEGY (BOTH 1H AND 1 MIN)


EXAMPLE:
HOURLY SWEEP GIVES A BEARISH BIAS
ON THE 1-MINUTE CHART, WAIT FOR A FRACTAL
HIGH TO BE SWEPT
ENTER SHORT WHEN PRICE BREAKS BELOW THE
PREVIOUS CANDLE AFTER THE SWEEPING CANDLE
CLOSES






STEP 1: IDENTIFY HOURLY FRACTAL STRUCTURE

   TIMEFRAME: 1-HOUR CHART (OR 30-MIN CHART. LEAVE OPEN CHOICE FOR USER)
   USE THE FRACTALS INDICATOR TO IDENTIFY
STRUCTURE AND DEFINE KEY RANGES BEFORE
LONDON SESSION.
MY TRADE WINDOW: 9:00 AM - 11:00 AM MT5 TIME (LEAVE OPEN, AND ACCORDING TO PLATFORM TIME)
SET OPEN FOR USER THE PARAMETER: HOUR START, MINUTE START, HOUR STOP, MINUTE STOP



STEP 2: IDENTIFY A SWEEP OF A PRE-TRADE WINDOW FRACTAL.
WE START SEARCHING 60 (OR X) SECONDS BEFORE THE TRADE WINDOW.
NOTE THAT THE SWEEP SOMETIMES HAPPEN INSIDE THE TRADE WINDOW.
  IF THE NEAREST FRACTAL HIGH IS SWEPT FIRST→
BEARISH BIAS
  IF THE NEAREST FRACTAL LOW IS SWEPT FIRST→
BULLISH BIAS

THE SWEEP CAN OCCUR VIA CANDLE BODY OR WICK



STEP 3: DROP TO THE 1-MINUTE CHART
NOW THAT WE HAVE OUR SESSION BIAS, WE SWITCH
TO THE 1-MINUTE TIMEFRAME AND LOOK FOR THE
SAME FRACTAL SWEEP AT THE MICRO LEVEL.
THE 1 MINUTE FRACTAL THAT IS SWEPT LATER,
MUST BE ONLY INSIDE THE TRADE WINDOW.



STEP 4: ENTRY CONFIRMATION
 ONCE THE SWEEPING CANDLE CLOSES, WAIT FOR A
BREAK OF ITS RANGE TO CONFIRM ENTRY.
REFINEMENT: IF RANGE OF THE SWEEPING CANDLE ISN'T BROKEN FROM THE NEXT CANDLE,
WE REFINE OUR ENTRY WITH THE NEW CANDLE'S RANGE.
BUT SL REMAINS AT THE SWEEPING CANDLE HIGH
(IF SAY WE ARE BEARISH) PLUS X=10 POINTS (1 PIP)(LEAVE OPEN IN POINTS).
TO BE EXACT, SL MUST BE AT THE HIGHER PRICE LEVEL(AND WE ADD X POINTS) FROM SWEEPING CANDLE
AND ONWARD TILL ENTRY (IF WE ARE BEARISH)



AVOID TO TRADE IF WE HAVE INSTANT SESSIONAL MOVE(MORE THAN 5R FROM THE LOW OR HIGH FORMED).
THIS HAPPENS BEFORE A FRACTAL FORMED IN THE TRADE WINDOW, BEING SWEPT. THUS MARKET REVERSES TOO FAST.

STEP 5: TARGET & RISK MANAGEMENT
 IF STOP LOSS IS ≤ 3 PIPS, TARGET 5R     (LEAVE OPEN THE LIMIT OF PIPS AND HOW MANY RR IN ANY OF THE 2 CASES)
 IF STOP LOSS IS > 3 PIPS, TARGET 3R

3 TRADES MAX PER SESSION (LEAVE OPEN)


ASSIGN A MAGIC NUMBER
ANY INSTRUMENT. DEVELOPER GIVE ADVICE IF IT IS EASY THE USER TO INSERT THE TRADING SYMBOL IN THE SETTINGS MENU. EVEN IF IT IS EURUSD.m or WS30
RISK PER TRADE IN AMOUNT OF USD AND BASED IN SL DISTANCE.
MT5 EA WILL BE ATTACHED TO 1 MINUTE CHART.
I WANT THE SOURCE CODE AND EXECUTABLE FILE FOR MT5.

EA NEEDS TO BE BACKTESTABLE IN MT5 BACKTESTER
NO ERRORS, NO WARNINGS IN SOURCE CODE

DRAW THE HORIZONTAL LINE IN 1MINUTE CHART THAT SHOWS THE 1H (OR 30 MINUTE) SWEEP.

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