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EA based on daily high and low sweep needed

MQL5 Esperti Forex Trading robot/indicator debugging Strategy optimization

Lavoro terminato

Tempo di esecuzione 4 giorni
Feedback del cliente
HE was really easy to work with

Specifiche

The idea of the trading system is as follows:

  1. Mark the last daily candle high and low

  2. We wait for price to sweep the last daily high or low and go to the 1min timeframe

  3. We wait for a market structure shift (break of the last high or low on the 1mins timeframe) on the 1min timeframe (if it breaks above the last daily high, we will be looking for sells. if it breaks below the last daily low, we will be looking for buys)

  4. In the market structure shift, market need to break it with an FVG (Fair value gap)

  5. we set a buy limit (for buy) or sell limit (for sell) at the FVG

  6. Our stop loss will be above or below the daily candle high or low

  7. The take profit will be at the nearest liquidity i.e. opposing support or resistance. Tp can be 1:1RR, 1:2RR, 1:3RR. 1:4RR and 1:5RR

  8. Anything less than 1:1RR should not be taken and the max RR should be 1:5RR

  9. If price reaches TP before the limit gets triggered, the limit should be canceled


Here are some images







Here are more images linked to the imgur

https://imgur.com/a/BI5Yeax


A video link can be provided based on request

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Informazioni sul progetto

Budget
30 - 50 USD
Scadenze
da 1 giorno(i)