Termos de Referência
- Enter trade between 8.30-11am NY (UTC-4). If it opens a trade between this time and it has not hit take profit yet, then let it run until take profit hit
- Mark highest & Lowest point 00.00-8.30am with a Green dotted line for the High and a Blue dotted line for the Low (UTC-4) (Show the color difference in sessions)
- Wait for sweep of high or low
- Wait for market structure shift or Change of Character (Choch)
- Enter on The Fair Valuable Gap (FVG) at the extreme (furthest away) of that MSS (Choch) and stop loss will be default 2 pips (20 points) below the lows
- 1:2RR (can also be adjusted in the parameter)
Parameters:
1) Lot size or % of account option
2) Risk to reward adjustable
3) Timeframe (1min, 5min, 15min, and 1hour)
4) trade time must be adjustable
5) If trade time is adjusted, the highest and lowest point must be automatically adjusted.
4) stop loss must be adjustable
The YouTube videos below give a very clear overview of how the above works: https://youtu.be/jevEeICA7ys?si=udmjJtSXjlFMTKQB https://youtu.be/c3bgzyPHS5c?si=w7iM1nkxvXJFpYht
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