HI AND LOW CHART SETUP AT FROM 12AM TO 9.30 GMT - BOX BREAKOUT - OR - RETURN TO HI OR LOW THE CONTIUNE WITH TREND

HI AND LOW CHART SETUP AT FROM 12AM TO 9.30 GMT - BOX BREAKOUT - OR - RETURN TO HI OR LOW THE CONTIUNE WITH TREND



ALLTIMES GMT 0

HIGH AND LOW - created from 12am to  9.30am   


See attached photos for visual references.


1- The idea of this ea / indictaor is to set up a box of the high and low of the day from 12am to 9.30 gmt on a 5 min chart of the current day

2- We will then be waiting for the futher price action > 9.30 gmt to either come back to test the high or low of the day and turn back in the trend direction of the day

3- The other option is the futher price action > 9.30 gmt onwards comes back inside the box and the breaks threw the high or low of the day forming a box breakout out day


Here is what I want from the ea/indicator:

- EA/Indicator name: High Low day breakout box

- At 9.30 gmt draw a high and low of the day on chart

- Show a configable threshold referance line of x (50/100/200) points from the high and the low of the day.

- Show the history and future of important time lines for each day with local time (usa open, usa equitys open) as a drawn line.

- Alerts for events, price breaks out or touches configable threshold referance line. Price comes back to the high or low of the day and turns in trend direction

- Buffers for future use in a EA.



2-
Long / Short setup for a return to Hi or low the day (12am-9.30am) and turn back in trend direction:

- Price comes back inside the box (12am-9.30am) and returns to the high or low of the day, it then turns back countining in that direction

- If trend of day is Up draw the entry line 50 points above the low of the day

- If trend of day is Down draw the entry line 50 points above the high of the day

- Configable trade entry at the entry line ( automaticly via ea or via a alert for manual trade entry)

- Setting for a take profit for trade entries x (100/200/300) points

- Setting for a stop loss for trade entries x (100/200/300) points


3-
Long / Short setup for a valid breakout box of the (12am-9.30am) high low of the day:

- Price comes back inside the box (12am-9.30am) and then breaks threw the high or low of the day countining in that direction

- Draw the entry line 50 points above the box

- Configable trade entry at the entry line ( automaticly via ea or via a alert for manual trade entry)

- Setting for a take profit for trade entries x (100/200/300) points

- Setting for a stop loss for trade entries x (100/200/300) points





List of variables:

input double entryline= 50; //points

input int maxrange=500; //in points ( max range of the box 12am to 9.30am to be tradeable)

input int target=200; //in points

input int stop = 200; //in points

trades on/off

alerts on/off

All the time lines need to be variable, usa open, us equity open.