Simple session open range break Expert Advisor (MT4)

작업 종료됨

실행 시간 9 일
피고용인의 피드백
Really nice working for you, very precise and clear illustrations
고객의 피드백
He completed everything you want quickly, responsibly, and meticulously. He is a very good develper.

명시

Intro:

M5 bar close above  certain session hour range, then place the limit order on  certain fib level. then wait TP/SL/Time Stop.

that it.


Reference: 

the "TheMas7er" DR/IDR concept explain

https://www.youtube.com/watch?v=Uxwr4CVhGhg

3 DR session explain

3 DR session:

ARD: 07:30-14:00 UTC-4

ODR: 15:30-20:30 UTC-4

RDR:  09:30-16:00 UTC-4

https://www.youtube.com/watch?v=q1s2INPzN6M

MT4 DR/IDR Indicators

https://www.mql5.com/en/market/product/90770?source=Site+Search


M5 bar close above DR level mean confirm trading direction bias


Open Trade:

if bias confirm then place  place limit order on

entry: IDR fib level (75%)

SL: (DR) level+ (5) point

TP: (DR), (standard deviation 0.5, 1)

order expiry date: session finish before (5)min


Close Trade: 

if no TP/SL before DR session finish, then "Time Stop" close the position before session finish (1min 0sec)


Parameters input: 

entry: IDR fib level (0%-100%)
SL: DR or IDR level + certain point

TP: IDR, DR, IDR standard deviation 0.5, 1, 1.5, 2

order expiry date: session finish before 0-Xmin 

Time Stop:  close the position before session finish Xmin X sec

Risk: X% Per Trade balance/equity


other criteria:

1 session 1 trade for each symbol

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