An expert advisor based on the opening of trading sessions

Termos de Referência

( a brief explanation if interested let's talk and I would be even more precise )


📘 Strategy (FAYE SESSION)


🕐 1. Trading Sessions (Senegal Time)

You don't use this strategy that during these three specific sessions:

Session

Senegal Hours

🗾 Tokyo

00h00 – 09h00

🇬🇧 London

07h00 – 16h00

🗽 New York

12h00 – 21h00


🕯️ 2. Choosing the candle to trace the range

  • When you log in, you observe theM3 bougie (ex. 07h03).

  • And this candle is too big or too volatile, youretreatsto the previous one (eg 7:00).

  • You keep going backwards until you find a reasonable candle.


📏 3. Opening range plot

  • You trace two horizontal lines :

    • A on the highest point of the chosen candle

    • A on the lowest point of the chosen candle

📌 The features can be on:

  • The upper or lower body

  • Or on the high or low wick

The choice depends on average candle length(main criterion), of market context, and of visual reading.


📎 4. Strict Breakout (Entry) Conditions

You come in only if all these conditions are met :

  1. Two successive candles break the top (purchase)or thelow (sale) you rank.

  2. The corpse of each candle must completely close outside your rank.

  3. Candles can:

    • To start inside the range

    • Or exactly on the range line

    • ❌ Never startoutside

  4. The combined length of the two successive candles(from lowest to highest or vice versa) must be≤ 2× the height of the range.


🟩 5. Entering position

  • 📈 If break towards thehigh→ you take a positionpurchase

  • 📉 If break towards thedown→ you take a positionsale


🎯 6. Take Profit (TP) – Risk/Reward

  • You are aiming for aRR (Risk/Reward) they 1:3

    • If the range is 20 pips → TP = 60 pips

  • You draw aFibonacci(in the direction of the trade) with levels:

    • 00.10.50.91(TP)


🚫 7. No fixed Stop-Loss (SL)

  • ❌ You don't placeno real SL

  • ✅ You use avirtual stop (FL)that you manually adjusted


🔁 8. Exit and Martingale

  • If the price goes in the reverse direction And breaks the other side of the range with two valid candles:

    • You fence the current position

    • You immediately enter the opposite direction

    • With a double lot

📌 Example:

  • Loss with $2 → Recovery with $4

  • This logic continues with each loss (up to your personal limit or capital)


🧠 9. Trade Management – FL (Trade Management)

A. Classic structural monitoring (in M1):

  • After exceeding theFibo level 0.1 :

    • You monitor the hollow (purchase)or summits (sale)on M1

    • You move theFL under each trough(purchase) orabove each summit (sale)

    • The FLmust never fall below 0.1

B. If no trough/peak appears:

  • You're waiting for a candleclose above (buy)orbelow (sale) of level 0.5

  • You then directly move yourFL at level 0.1

C. Advanced rule (reverse candle):

  • If, after 0.1:

    • A reverse candle(eg green during a SELL position) is formed,

    • Then is followed by2 successive candles in the right direction (e.g. red)

    • So you move theFL at the opening level of the reverse candle

✔️ This rule applies to both buying and selling.


🔓 10. No filter

  • You don't hold no account of :

    • Volatility (no ATR filter)

    • If the market is in a range or trend

    • The number of attempts per session

🔁 You takeall valid opportunitiesaccording to the rules above.



Element

Rule applied

Input timeframe

M3

Sessions allowed

Tokyo, London, New York

TP

1:3 (range size)

Real SL

None

SL virtual (FL)

Yes, on M1 trough/peak

Martingale

Yes (lot doubled for each loss)

Breakout candles

2 candles, body outside the range

Length of the 2 candles

≤ 2× range height

Origin of broken candles

In or on the range (never outside)

FL adjustment (reverse)

Yes, when the candle is opened

Filters

None



Respondido

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Desenvolvedor 1
Classificação
(21)
Projetos
25
52%
Arbitragem
3
0% / 100%
Expirado
2
8%
Livre

Informações sobre o projeto

Orçamento
30+ USD
Prazo
de 1 para 10 dias

Cliente

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Número de arbitragens0