M3M3 Personal Strategy as EA (3 Minute Timeframe)

First of all this strategy works perfectly fine with the usage of the "Fractals" Indicator by nephew_sam from tradingview. This indicator is open source and has to be implemented as it is, so please make sure that you are able to do that before applying for the job.

Indicator Inputs:

Also we use Session Boxes which define low and high levels.

Buy setups happen when we're below a session low and

sell setups, when we're above last session high.

Sessions:

- Asia Session (Yellow rectangle)

- London Session (Blue Rectangle)

- New York session (Red Rectangle)

Situation:

Sweep of a level (Asia Session High or Low)

ChoCh defined by the actual lowest low and the most actual nearest lower high fractal (example of Asia session low sweep)

The EA must adapt with the live market movements. Means, if we  have a sweep and 2 fractals to build a box, but no confirmation, he has to adapt the situation for example if a lower fractal forms it has to be the new ChoCh low.

If we have a candle closure above that fractal, the ChoCh box is confirmed.

Now the EA has to detect a second ChoCh (ChoCh2) with new fractals building.

It takes the first „high“ fractal as Box high. When a candle closure above happens, it takes the lowest fractal after the „high“ fractal was formed as the ChoCh Low:

That is simply how the „Double ChoCh confirmation Setup“ is working.

Of course there are different situations in how the ChoCh Boxes get identified. I will show many more examples.

But first I want to tell you about the entry part which is quite easy.

At the ChoCh2 High a limit order gets placed. Remember: ChoCh2 also needs a candle closure above to get confirmed and place a trade only when confirmed!

Options:

-          Delete pending order after „x“ Minutes unactivated

-          Entry option at other % oft he box (like entry on the 50% line)

-          Only „x“ trades per day

-          Trading time between „XX:XX-XX:XX“

-          Asymmetric compounding

-      Make screenshots of trades when they ran in tp/sl and save them

Main:

-    "X"% of balance risk per order

-          Maximum „x“ pips space between ChoCh1 and ChoCh2 to be valid

-          Maximum „x“ pips size of the boxes

-          Only longs below the most recent session low

-          Only shorts above the most recent session high

Liquidity Key Levels:

-          Asia Session (High & Low)

-          London Session (High & Low)

-          NY Session (High & Low)

Example not confirmed ChoChs and moving to actual fractals to define a valid setup:

Trade execution:

I have more examples which I can share when the job is ongoing.

Kind regards,

Marius