Modified sessions MT5 EA

MQL5 Experts

Trabalho concluído

Tempo de execução 4 dias

Termos de Referência

Indicators and tools to be Used:

  1. Trading Session Time with Alert (MT5)
  2. SMA 10 (Simple Moving Average, 10-period)
  3. Time Frame : M15 ( But make it flexible)

Conditions of Entry

Buy Entry:

  1. Asian Range: The range should not exceed 27 pips. (This value should be manually adjustable for testing.)
  2. Candle Condition: A candle body must close above the range.
  3. Entry Trigger: After the candle closes above the range, execute a buy order.
  4. Stop Loss (SL): Place SL 2 pips below the range.
  5. Take Profit (TP): Set TP with a 1:1 risk-to-reward ratio.

Sell Entry:

  1. Asian Range: The range should not exceed 27 pips. (This value should be manually adjustable for testing.)
  2. Candle Condition: A candle body must close below the range.
  3. Entry Trigger: After the candle closes below the range, execute a sell order.
  4. Stop Loss (SL): Place SL 2 pips above the range.
  5. Take Profit (TP): Set TP with a 1:1 risk-to-reward ratio.

Exit Conditions

Buy Exit:

  1. Stop Loss Hit: Exit if SL is hit.
  2. Risk-to-Reward Option: ( I want to be able to choose one of this options)
    • Option 1: Exit the entire position after achieving a 1:1 risk-to-reward ratio.
    • Option 2: Close 75% of the position after achieving a 1:1 risk-to-reward ratio, move the SL to break even, and then apply the 10 SMA exit rule.
  3. SMA Condition: If the 10 SMA exit rule is used, exit if a sell candle body closes below the 10 SMA.

Sell Exit:

  1. Stop Loss Hit: Exit if SL is hit.
  2. Risk-to-Reward Option:  ( I want to be able to choose one of this options)
    • Option 1: Exit the entire position after achieving a 1:1 risk-to-reward ratio.
    • Option 2: Close 75% of the position after achieving a 1:1 risk-to-reward ratio, move the SL to break even, and then apply the 10 SMA exit rule.
  3. SMA Condition: If the 10 SMA exit rule is used, exit if a buy candle body closes above the 10 SMA.

Additional Features

  1. Risk Calculation:
    • Option to manually input the lot size.
    • Option to let the EA automatically pick the minimum lot size.
    • Include a flexible risk calculation where the user can input the percentage of capital to risk.
  2. Account Restriction: Implement a feature that restricts the EA to one specific client account.
  3. Wick Filter: If the range is broken by a wick, entry should only occur after a candle body closes above or below the wick.
  4. News Filter: Provide an option to filter out high-impact news events (with the ability to enable or disable this feature).
  5. The EA should only show the Asian range, and I should be able to input the time start and time end of the range.








































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