Expert Advisor to Trade ChoCh and BOS

MQL4 Эксперты

Техническое задание

I need an expert advisor that will trade with the following settings

- detect support and resistance on the 1-hour timeframe

- wait for a bearish or bullish ChoCh ( change of character ) on the 5-minute time frame and if the price is not more than 5-10 pips away from the support/resistance zone, place a trade

- place stop loss at the end of the support/resistance zone and target 1:2RR, move stop loss to break even once the trade gets to 1:1

- exit the trade if an opposite BOS ( break of structure ) occurs regardless of whether the trade hit the take profit ( to protect against loss ) 

- only trade the london forex session

- also detect red folder news ( news feed from forexfactory.com ) and do not place any trades an hour before or after any red news

-
in the attached image, the red zone is support on the 1-hour time frame ( plotted on the 5-minute time frame ) and once there is a Choch from that zone on the 5-minute time frame, a buy trade is placed. stop loss will be slightly below the red support zone and take profit at 1:2RR, with break even at 1:1R

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30+ USD
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27 USD