MT4 EA Based on Multi-Timeframe Session High/Low Breakout Logic with Risk Management

I want a professional Expert Advisor (EA) for MetaTrader 4, designed to work on any currency pair and based on a multi-timeframe breakout and retest strategy using session high/low levels.

🔧 EA Specifications:

✅ General Logic:

• EA should operate based on two timeframes:

  • If I attach it on M1, it uses M1 and H1

  • If I attach it on M5, it uses M5 and H4

⏱️ 1. Session Detection and Level Drawing:

• EA identifies a session window:

  • For example, from 13:00 to 14:00 on H1 chart

• During this hour:

  • Place two vertical lines at the start and end of the session (13:00 and 14:00)

  • Detect the highest high and lowest low between 13:00 and 14:00

  • Draw horizontal lines for the high and low levels (on chart and for logic)

🔍 2. Signal Detection (during next session):

• From 14:00 to 15:00, EA monitors price action.

• A valid signal occurs if:

  1. Price breaks either the high or low level with candle body (wicks don't count)

  2. Then forms a trend by also breaking the opposite level with candle body

This confirms a directional breakout and retest.

📈 3. Trade Entry Rules:

After a valid breakout in both directions, EA places a Buy Limit or Sell Limit based on trend direction:

🟩 Buy Setup (Bullish Breakout):

• First, price breaks the low, then moves up and breaks the high

• Entry: Place Buy Limit at the lowest candle body close inside the move

• Stop Loss (SL):

  • If the candle has a wick → place SL just below the wick

  • If no wick → calculate pip range of the longer of the two candles involved, divide by 4, and subtract from entry

• Take Profit (TP): Use Risk-to-Reward = 1:5

🟥 Sell Setup (Bearish Breakout):

• First, price breaks the high, then drops and breaks the low

• Entry: Place Sell Limit at the highest candle body close

• SL/TP logic same as in Buy setup

⚠️ 4. Trade Restrictions:

• Only one or two trades per session:

  • If no signal → no trade

  • If a trade hits TP → do not enter another trade

  • If a trade hits SL → EA is allowed to enter one more trade if a new valid signal appears

  • If second trade also hits SL → no further trades

⏳ 5. Limit Order Expiration:

• All Buy/Sell Limit orders are only valid during the next hour after the session

  • Misol: sessiya 13:00–14:00, keyin kirish/savdo 14:00–15:00 gacha bo'lishi kerak.

  • Agar narx soat 15:00 ga qadar buyurtma chegarasini qo'zg'atmasa → buyurtmani bekor qiling va chizilgan darajalarni o'chiring

⚙️ Kirishlar:

Faqat bitta kirish parametri talab qilinadi:

• RiskPerTrade (%) : SL asosidagi savdo boshiga xavf. Misol uchun, agar ga o'rnatilgan bo'lsa 1 , har bir SL uchun hisob balansining 1% xavf ostida bo'ladi.

📊 Diagramma ko'rsatish:

EA diagrammada quyidagilarni ko'rsatishi kerak:

• Yuqori/past darajalar uchun gorizontal chiziqlar

• Seansning boshlanishi va tugashi uchun vertikal chiziqlar

• Savdo faol bo'lganda kirish, SL va TP darajalari

• aaa_4949 Grafikda EA nomini ko'rsating

Iltimos, EA to'g'ri risklarni boshqarishdan foydalanishiga va barcha standart MT4 brokerlariga mos kelishiga ishonch hosil qiling.