NN Mt5 Session EA

1. Identifying the Asian Session Range

• The EA marks the Asian session high and low on the chart.
• A valid trading setup only occurs if the range between the high and low is 27 pips or less.
• If the range exceeds 27 pips, no trades are taken for the day.

2. Entry Conditions

BUY Conditions (Bullish Setup)

Step 1: Breakout Above the Asian High

• A candle must close above the Asian high after the London session opens.
• No trade is executed immediately after the breakout.

Step 2: Retest Confirmation

• Price must come back down and touch the broken high (Asian high).
• Once the touch happens, the retest is considered confirmed, regardless of the candle color.

Step 3: Trade Execution

• After the retest confirmation, the EA places a BUY order.
• Stop Loss (SL): 2 pips below the Asian low.
• Take Profit (TP): 2 times the stop loss distance (Risk-to-Reward Ratio = 1:2).

SELL Conditions (Bearish Setup)

Step 1: Breakout Below the Asian Low

• A candle must close below the Asian low after the London session opens.
• No trade is executed immediately after the breakout.

Step 2: Retest Confirmation

• Price must come back up and touch the broken low (Asian low).
• Once the touch happens, the retest is considered confirmed, regardless of the candle color.

Step 3: Trade Execution

• After the retest confirmation, the EA places a SELL order.
• Stop Loss (SL): 2 pips above the Asian high.
• Take Profit (TP): 2 times the stop loss distance (Risk-to-Reward Ratio = 1:2).

3. Risk Management & Lot Sizing (All Inputs Adjustable)

✅ Lot Size Options:

• Manual Lot Size: Fixed lot size input.
• Auto Lot Calculation: Based on risk % per trade. Lot size is calculated dynamically based on SL distance and risk percentage of account balance.
• Use Minimum Lot Size (if enabled).

✅ Trade Limit:

• The EA will execute only one trade per day.
• Once a trade is taken (BUY or SELL), no additional trades will be placed that day.

🚫 No Entry Conditions:

• If the Asian range exceeds 27 pips, the EA does not trade.
• If no valid retest occurs after a breakout, the EA does not trade.

4. Additional Features

✅ Account Restriction:

• The EA will only run on a specific MT5 account (defined by the user).

✅ Adjustable Pip/Point Inputs for:

• Stop Loss Buffer
• Risk percentage
• Risk to reward ratio. 
• Session timings