EA - Opening Range Calculator - Highlights the calculation of the initial market range - 0, 40, 60 and 100 % -

I hope this message finds you well!

I am reaching out with an exciting opportunity to collaborate on the development of a sophisticated Trading Expert Advisor (EA) that I believe aligns perfectly with my trading systems.

I have designed a comprehensive trading strategy framework that combines advanced candle pattern recognition with intelligent risk management systems. The EA incorporates multiple trading methodologies and features a robust recovery mechanism - all built around precise market analysis during key trading hours.


CONFIGURATION PARAMETERS

• 6 Unique Trading Patterns with priority-based execution

• Dual Strategy Approach (Pattern + Trend-based trading)

• Advanced Recovery System with configurable risk management

• Tick-size Compliant Architecture ensuring error-free execution

• Professional Risk Parameters with multiple TP/SL options

Basic Settings

• Max Simultaneous Trades: 1

• Recovery Trades Allowed: 1

• Trading Session: 11:00 AM - 11:15 AM

• Lot Size: Configurable

• Tick Size: 5 points (asset-specific rounding required)

Risk Management

• Strategy-based TP/SL: True/False

• Fixed TP Option: True/False

• TP Points: 500 (configurable)

• Fixed SL Option: True/False

• SL Points: 500 (configurable)

🎯 MARKET ANALYSIS FRAMEWORK Opening Range Calculation (11:00 AM - 11:15 AM)

• Daily High/Low: Record extremes

• Key Levels: Plot 100%, 60%, 40%, 0% Fibonacci

• Price Rounding: All levels rounded to nearest 5-point tick

🔥 STRATEGY 1: ADVANCED CANDLE PATTERN TRADING BUY PATTERNS (Priority Order) 🥇 PATTERN 1: Bullish Reversal Confirmation text

SEQUENCE: Bullish → Bearish → Bullish CONFIRMATION: (Bullish1 + Bullish3) > Bearish2 ENTRY: Retrace to 60% OR breakout above 60% TP: Daily High + 150 points SL: Daily Low PRIORITY: HIGH

🥈 PATTERN 2: Bullish Hammer Reversal text

SEQUENCE: Bearish → Bullish (Hammer) → Bullish CONFIRMATION: Candle2 = Hammer (long lower wick) + Candle3 confirms ENTRY: Break above Candle2 high OR retrace to 50% TP: Daily High + 150 points SL: Daily Low PRIORITY: MEDIUM

🥉 PATTERN 3: Bullish Momentum Continuation text

SEQUENCE: Bullish → Bullish → Bullish CONFIRMATION: All 3 bullish AND each candle > previous body ENTRY: Pullback to 40-60% range OR new high breakout TP: Daily High + 150 points SL: Daily Low PRIORITY: LOW

SELL PATTERNS (Priority Order) 🥇 PATTERN 1: Bearish Reversal Confirmation text

SEQUENCE: Bearish → Bullish → Bearish CONFIRMATION: (Bearish1 + Bearish3) > Bullish2 ENTRY: Retrace to 40% OR breakdown below 40% TP: Daily Low - 150 points SL: Daily High PRIORITY: HIGH

🥈 PATTERN 2: Bearish Shooting Star Reversal text

SEQUENCE: Bullish → Bearish (Shooting Star) → Bearish CONFIRMATION: Candle2 = Shooting Star (long upper wick) + Candle3 confirms ENTRY: Break below Candle2 low OR retrace to 50% TP: Daily Low - 150 points SL: Daily High PRIORITY: MEDIUM

🥉 PATTERN 3: Bearish Momentum Continuation text

SEQUENCE: Bearish → Bearish → Bearish CONFIRMATION: All 3 bearish AND each candle < previous body ENTRY: Bounce to 40-60% range OR new low breakdown TP: Daily Low - 150 points SL: Daily High PRIORITY: LOW

🔄 RECOVERY SYSTEM - STRATEGY 1 Recovery Logic

CONDITION: First trade of day hits Stop Loss ACTION: Immediate counter-trade execution LOT SIZE: 2x initial lot (configurable) TAKE PROFIT: Equal to previous SL points STOP LOSS: 50% Fibonacci level

📈 STRATEGY 2: TREND-BASED TRADING Trend Identification

• Analysis Period: First 3 candles (11:00-11:15 AM)

• Uptrend Signal: Execute BUY

• Downtrend Signal: Execute SELL

Execution Rules BUY CONDITIONS

PRICE ZONE: Between Daily High and 60% level (need to Cross 60% level from above or below) ORDER TYPE: Market BUY STOP LOSS: Daily Low TAKE PROFIT: SL distance in points

SELL CONDITIONS

PRICE ZONE: Between Daily Low and 40% level (need to Cross 40% level from above or below) ORDER TYPE: Market SELL STOP LOSS: Daily High TAKE PROFIT: SL distance in points

Aggressive Recovery - Strategy 2 text

CONDITION: First trade hits Stop Loss ACTION: Immediate reversal trade LOT SIZE: 3x initial lot TP/SL: Same point distance as losing trade

⚙️ TECHNICAL IMPLEMENTATION NOTES Critical Requirements

• ✅ All calculations based on 11:00-11:15 AM timeframe

• ✅ Price rounding to nearest 5-point tick (prevents "invalid price" errors)

• ✅ Fibonacci levels from opening range High/Low

• ✅ Multiple pattern detection with priority execution

Pattern Validation Rules

• Minimum Candle Body: 10 points

• Maximum Wick Ratio: 3:1 (body:wick)

• Volume Confirmation: Optional for Patterns 1 & 3

• Time Filter: Strict 11:00-11:15 AM window

Execution Priority System

1. Pattern 1 (Reversal Confirmation) - Highest priority

2. Pattern 2 (Hammer/Shooting Star) - Medium priority

3. Pattern 3 (Momentum Continuation) - Lower priority

4. Same Priority: Execute nearest to key levels (60%/40%)

🎯 KEY FEATURES SUMMARY

• 6 Trading Patterns (3 BUY + 3 SELL) with clear priorities

• Dual Strategy Approach (Pattern + Trend-based)

• Built-in Recovery System with configurable lot sizing

• Strict Risk Management with multiple TP/SL options

• Tick-size Compliant for error-free order execution

EA STRATEGY - COMPLETE INPUT PARAMETERS LIST

BASIC SETTINGS

• LotSize

• MaxDailyTrades

• MagicNumber

• OrderComment

TRADING SESSION

• SessionStartHour

• SessionStartMinute

• SessionEndHour

• SessionEndMinute

RISK MANAGEMENT - true or False

• UseMoneyManagement

• RiskPercent

• FixedLotSize

• MaxDailyLossPoints

• MaxDrawdownPercent

STRATEGY 1 - PATTERN TRADING

• S1_MaxOrders

• S1_RecoveryMultiplier

• S1_TPPoints

• S1_SLPoints

• S1_UseFixedTP

• S1_UseFixedSL

STRATEGY 2 - TREND TRADING

• S2_MaxOrders

• S2_RecoveryMultiplier

• S2_TPPoints

• S2_SLPoints

• S2_UseFixedTP

• S2_UseFixedSL

FIBONACCI LEVELS

• FibLevel1

• FibLevel2

• FibLevel3

• FibLevel4

RECOVERY SYSTEM

• EnableRecovery

• MaxRecoveryTrades

• RecoveryMultiplier

• RecoveryTPMethod

• RecoverySLMethod

TICK SIZE SETTINGS

• TickSizePoints

• RoundToTick

• PriceDeviation

TRADE EXECUTION

• MaxSlippage

• OrderRetries

• RetryDelayMS

• UseMarketExecution

• UsePendingOrders

NOTIFICATIONS

• EnableAlerts

• EnableEmailAlerts

• EnablePushNotifications

• AlertTradeOpen

• AlertTradeClose

• AlertRecoveryTrade

SYMBOL SPECIFIC

• SymbolSuffix

• MaxSpreadPoints

• MaxSpreadPercent

• MinGapPoints