Specification


  • Use the Daily (D1) chart as the higher timeframe reference.
  • On the H1 timeframe, monitor for a sweep of the previous day’s high or low.
  • A sweep means that price takes liquidity above or below the previous day’s level and then shifts back inside.
  • After a sweep on H1, drop to the M5 timeframe.
  • On M5, wait for a Change of State in Delivery / Market Structure Shift (CHOCH/BOS) to confirm entry.
  • If the sweep occurs above the previous day’s high, look for a bearish M5 structure shift and enter Sell.
  • If the sweep occurs below the previous day’s low, look for a bullish M5 structure shift and enter Buy.



Risk and Money Management


  • Risk per trade: 1% of account balance (auto-calculated).
  • Adjustable Risk-to-Reward ratio (1:2, 1:3, etc.) in the inputs.
  • Stop Loss should be placed just beyond the sweep zone.
  • Take Profit should be based on the selected R:R ratio.
  • Option for manual lot override in the inputs.



Trading Session Rules


  • Only take trades during the New York session.
  • If a valid setup forms just before the New York open, allow execution.
  • Session hours must be adjustable in the settings.



Other Requirements


  • Must work on MT5 desktop and mobile.
  • User-friendly inputs/settings panel including:
    • Risk percentage
    • Risk-to-Reward ratio
    • Session start and end time
    • Lot override option

  • Generate a simple trade log with entry reason, time, and direction.
  • Deliverables:
    • Compiled EA file (.ex5)
    • Source code (.mq5)
    • Short user guide/manual


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