Help with EA for Trading New York Session - Using High and Low Levels

[VHV-Profit-Masters]

Hello everyone,

I’m developing an EA in FXDreema to trade during the New York session, and I’ve encountered an issue that I can’t seem to resolve. The EA is supposed to do the following:

Draw a rectangle to mark the New York session and another rectangle for the first 30 minutes of the session (from 9:00 AM to 9:30 AM).
Identify and mark the high and low reached during those first 30 minutes.
After the first 30 minutes, place a pending buy order at the high level and a pending sell order at the low level.
Implement risk management with a 1:3 risk-to-reward ratio, activating the breakeven when the price reaches a 1:2 level.
My problem is that I’m not sure how to make the EA correctly take these high and low levels to place the pending orders and trade based on the breakout of one of these levels. I would greatly appreciate any guidance or suggestions to help solve this challenge.

Thank you so much for your help!

https://fxdreema.com/shared/Gz8Lymodd

[biztet]

Just asking, Is it possible if you just use time candle instead of rectangle?

[VHV-Profit-Masters]

@biztet In this case, the rectangles are primarily used as a visual guide to identify the time frames in the EA. The most important aspect is identifying the high and low during the first 30 minutes of the New York session, as these levels will be used as support and resistance for placing orders and trading in the direction of the breakout for the rest of the session.

[VHV-Profit-Masters]

help please !

[l'andorrà]

Just curious. Why do you need any visual confirmation if the bot is supposed to work 100% automatic? Using variables to store that info is the way to do that instead of using objects.

[VHV-Profit-Masters]

@l-andorrà I use this visual form, because precisely in my self-learning process this has been the only way that I have managed to find and learn to establish what is the maximum and what is the minimum of a time slot, but my problem is that I don't know how to do it. that the pending orders are set to that maximum and to that minimum once the time slot is concluded, can someone please help me with a solution to this part?

[VHV-Profit-Masters]

@jstap and @l-andorrà Friend, can you help me please?

[l'andorrà]

@DragonZueloTrends De acuerdo. Entonces, si lo entiendo bien, necesitas encontrar el máximo y el mñinimo de los 30 minutos previos a la apertura del mercado. Ambos valores crearán una compra y une venta programadas a esos valores. Esos serían también los extremos superior e inferior del rectángulo, ¿verdad? ¿Y cuáles serían sus límites izquierdo y derecho?

[JayPhillbrooks]

I have made EA's to identify sessions as well as to place session breakout orders. I can assure you that it's not a profitable strategy no matter what ratio you use. It will get chopped up no matter if it's buying or selling no matter if its at a high or low. I'd be happy to guide you through the getting the visual down at least.

[VHV-Profit-Masters]

@l-andorrà Yes, my dear friend, the EA already does all this, it already identifies the maximum and minimum within any time slot that is configured, at the end of that time slot in the next minute you must place the pending buy and sell orders using that maximum. and that minimum but that is precisely the part that I cannot complete

[VHV-Profit-Masters]

@JayPhillbrooks I will be very grateful if you can help me with this topic, friend, or if you can share a thread of one of your previous maximum and minimum breakout projects to guide me with it, it would be great. I would appreciate any kind of help with the topic, my friend.

[biztet]

@DragonZueloTrends, aren't you using Mega's ea? Why not? Too slow?

[VHV-Profit-Masters]

@biztet I really don't understand what you're telling me friend, the EA project is shared above if you want to see it, this is an EA that I am doing based on what I learned along the way but I got to this point because of the limited knowledge I have, For this reason I am requesting help in this forum, I don't know what the E of MEGA is that you mention, friend.

[biztet]

What i mean is from this thread.

http://fxdreema.com/forum/post/107442

Never mind, just forget it. I don't even use it.

[VHV-Profit-Masters]

@biztet Ah!, now I'm getting into context my friend, it turns out that the friend MEGA never shared the EA in fxdreema, he only shared the compiled EA for use in hft accounts, and this topic thread is not about this type of EA, on this occasion we are talking from a project of mine in which I try to make a relatively simple strategy of breaking maximums and minimums, you know my friend, you are welcome to participate in whatever you want, and if I can help you with something, count on me too, we are here to support each other, learn and everyone grow....

[biztet]

Very good.

But honestly, if i manage to build profitable ea, i will only open in copytrading. But for now i only manage to built an ea but needs $1000 for starting. Still can't built a low deposit ea.

[l'andorrà]

@DragonZueloTrends De acuedo. ¿Puedes compartir la última versión del proyecto?

[VHV-Profit-Masters]

@l-andorrà
Hello my good friend, This is the latest update of the EA of breakouts of maximums and minimums in a certain time zone, I have already managed to make the pending orders be placed at the desired points but now my problem is that I do not know what the risk/capital management most suitable for this strategy.

https://fxdreema.com/shared/5Di4m9YCb

[l'andorrà]

@DragonZueloTrends Pues me temo que no soy la persona adecuada para poder recomendar el 'mejor' sistema de gestión del riesgo. Eso depende de tu apetito de riesgo. Yo siempre procuro ajustar mi riesgo máximo a un 2% por operación, pero no significa que sea necesariamente el mejor.

[yopimer746764]

el mio opera londres pero busca una reaccion en el orderblock cercano despues un bos y entra