MT5 EA (EURUSD,M1)-SMART VWAP+BOS+ORDERBLOCK SCALPING_MICRO BREAK(LONDON ONLY)

Job finished

Execution time 41 days

Specification

PAIR : EURUSD ONLY

TIMEFRAME: M1

SESSION:LONDON SESSION ONLY(CONFIGURABLE START / END TIME)


TREND FILTER:

- USE VWAP AS MAIN TREND FILTER

- BUY ONLY WHEN PRICE IS ABOVE VWAP

- SELL ONLY WHEN PRICEIS IS BELLOW VWAP


STRUCTURE CONDITION :

- TRADE ONLY AFTER A VALID BOS (BREAK OF STRUCTURE)

- BOS MUST BE IN THE SAME DIRECTION AS VWAP TREND 

-IGNORE COUNTER-TREND BOS


ENTERY CONDITION (ORDER BLOCK ):

- AFTER BOS , WAIT FOR PRICE TO RETRACE 

- ENTERY MUST BE FROM THE LAST OPPOSITE CANDLE BEFORE BOS (ORDER BLOCK)

- ORDER BLOCK MUST NOT BE FULLY BROKEN 

- ENTERY ONLY ON REJECTION FROME THE ODER BLOCK


ENTERY CONFIRMATION ( MICRO BREAK):

- AFTER ORDER BLOCK REJECTION, WAIT FOR A MICRO STRUCTURE BREAK

- FOR BUY : PRICE MUST BREAK AND CLOSE ABOVE THE NEAREST LOCAL HIGH FORMED AFTER THE RETRACEMENT

- FOR SELL : PRICE MUST BREAK AND CLOSE BELOW THE NEAREST LOCAL LOW FORMED AFTER THE RETRACMENT

- THIS IS NOT A NEW MAJOR BOS ,  ONLY A MICRO CONFIRMATION


RISK MANAGEMENT:

- STOP LOSS:

--FOR BUY : SL BELOW THE LOW OF THE ORDER BLOCK CANDLE + SMALL BUFFER 

-- FOR SELL : SL ABOVE THE HIGH OF THE ORDER BLOCK CANDLE + SMALL BUFFER

-TAKE PROFIT:

-- TP = MIN ( 1.5R , 8 PIPS) 


SAFETY & CONFIGURABLE INPUTS:

- NO GRID, NO MARTINGALE

-MAX OPEN TRADES=1 (CONFIGURABLE)

- TRADING HOURS MUST BE CONFIGURABLE (START/END TIME INPUT)

-LOT SIZE/RISK MUST BE CONFIGURABLE FROME EA INPUTS

- SPREAD FILTER:DO NOT TRADE IF SPREAD IS ABOVE A SAFE LIMIT (INPUT)

-VOLATILITY FILTER:SKIP TRADING ON ABNORMAL CANDLE SPIKES (INPUT)

-DAILY LOSS LIMIT: STOP TRADING FOR THE DAY AFTER -2R (INPUT)


NOTE :

ALL SETTING MUST BE CHANGEABLE VIA EA INPUTS WITHOUT CODE CHANGES.

DEMO TESTING FIRST  . MINOR FIXES INCLUDED DURING TESTING




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