Termos de Referência
- Use the Daily (D1) chart as the higher timeframe reference.
- On the H1 timeframe, monitor for a sweep of the previous day’s high or low.
- A sweep means that price takes liquidity above or below the previous day’s level and then shifts back inside.
- After a sweep on H1, drop to the M5 timeframe.
- On M5, wait for a Change of State in Delivery / Market Structure Shift (CHOCH/BOS) to confirm entry.
- If the sweep occurs above the previous day’s high, look for a bearish M5 structure shift and enter Sell.
- If the sweep occurs below the previous day’s low, look for a bullish M5 structure shift and enter Buy.
Risk and Money Management
- Risk per trade: 1% of account balance (auto-calculated).
- Adjustable Risk-to-Reward ratio (1:2, 1:3, etc.) in the inputs.
- Stop Loss should be placed just beyond the sweep zone.
- Take Profit should be based on the selected R:R ratio.
- Option for manual lot override in the inputs.
Trading Session Rules
- Only take trades during the New York session.
- If a valid setup forms just before the New York open, allow execution.
- Session hours must be adjustable in the settings.
Other Requirements
- Must work on MT5 desktop and mobile.
- User-friendly inputs/settings panel including:
- Risk percentage
- Risk-to-Reward ratio
- Session start and end time
- Lot override option
- Generate a simple trade log with entry reason, time, and direction.
- Deliverables:
- Compiled EA file (.ex5)
- Source code (.mq5)
- Short user guide/manual
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