Asia Session Box Strategy Trading
Budget: $250 – $750 USD
Sweep of Asia Session Box Strategy
Sweep of Asia Session Box Strategy
Strategy Overview:
This strategy is based on liquidity sweep of a selected session box, which is determined by a predefined time range.
1️⃣ Strategy Steps:
? Session Box Breakout:
The price must break above/below the session box high/low.
For the breakout to be considered a liquidity sweep, the price must close X candle bodies below/above the session box (as defined in the input settings).
This confirmation is performed on a 5-minute chart.
? Retest of the Breakout Level:
To confirm an entry, the price must return to the breakout line of the session box.
A trade will be triggered only if a candle closes on the breakout line or inside the session box.
This confirmation is also performed on a 5-minute chart.
? Trade Execution:
The user can select either Limit or Market order for entry.
Stop-Loss (SL): Set at X candles back from the entry candle (option to define different X for long/short trades).
Take-Profit (TP): Based on a customizable risk-reward ratio.
The user can select whether SL/TP should be executed as a Market or Limit order.
SL is calculated on a 1-minute chart.
? No Additional Trades After TP Hit:
If the trade reaches the take-profit target, no additional trades will be executed for the rest of the day.
? Counter Trade Activation (After Stop-Loss Hit):
If the trade hits stop-loss, an opposite trade (counter trade) will be executed.
Counter trade conditions:
Long Entry: A candle must close above the session box.
Short Entry: A candle must close below the session box.
The counter trade will be executed with a predefined risk-reward ratio (e.g., 0.5/1).
All counter-trade analysis is performed on a 1-minute chart.
2️⃣ Input Parameters:
1️⃣ Session Time: Define the start and end time of the session box (e.g., 1:00-9:00).
2️⃣ Breakout Confirmation: Set the number of candle closes above/below the session box required to confirm a sweep.
3️⃣ Trade Time Restriction: Define the last hour to open new trades (e.g., if set to 10:00-15:00, no trades will open after 15:00).
4️⃣ Auto Trade Closing: Set a time at which all open trades and pending orders will be closed (e.g., 23:00).
5️⃣ Stop-Loss Calculation: Define how many candles back from entry SL should be placed (on a 1-minute chart, with separate settings for long/short).
6️⃣ Take-Profit Calculation: Choose a risk-reward ratio (e.g., 1/1, 0.5/1, 0.2/0.8) with an option to manually input values.
7️⃣ Counter Trade Execution:
Triggers if the original trade hits stop-loss.
Entry condition: A candle must close above/below the session box.
Customizable risk-reward ratio (e.g., 0.5/1).
8️⃣ Order Type Selection: Choose whether the entry order is executed via Limit or Market order.
9️⃣ SL/TP Order Type: Choose whether SL and TP should be executed as Limit or Market orders.
3️⃣ Visual Representation on the Chart ?
✅ Session Box Display:
The session box will be drawn on the chart with a semi-transparent background (low opacity).
The high and low of the session will determine the box boundaries.
Users can customize the background color and border style.
✅ Trade Entry Markers:
Up/Down arrows will indicate trade entries (Long/Short).
SL and TP levels will be clearly displayed on the chart with customizable colors.
✅ Counter Trade Markers:
If a counter trade is triggered, it will be marked with a different colored arrow to distinguish it from the initial trade.
Users can set different colors for regular entries vs. counter-trades.
✅ No-Trade Zone:
If the trade time restriction is reached, a visual marker will indicate no more trades can be entered.
If a TP is hit, the chart will display a marker showing that no additional trades will be executed for the rest of the day.
i want 1 for ninjatrader and 1 for tradingview
Sweep of Asia Session Box Strategy
Strategy Overview:
This strategy is based on liquidity sweep of a selected session box, which is determined by a predefined time range.
1️⃣ Strategy Steps:
? Session Box Breakout:
The price must break above/below the session box high/low.
For the breakout to be considered a liquidity sweep, the price must close X candle bodies below/above the session box (as defined in the input settings).
This confirmation is performed on a 5-minute chart.
? Retest of the Breakout Level:
To confirm an entry, the price must return to the breakout line of the session box.
A trade will be triggered only if a candle closes on the breakout line or inside the session box.
This confirmation is also performed on a 5-minute chart.
? Trade Execution:
The user can select either Limit or Market order for entry.
Stop-Loss (SL): Set at X candles back from the entry candle (option to define different X for long/short trades).
Take-Profit (TP): Based on a customizable risk-reward ratio.
The user can select whether SL/TP should be executed as a Market or Limit order.
SL is calculated on a 1-minute chart.
? No Additional Trades After TP Hit:
If the trade reaches the take-profit target, no additional trades will be executed for the rest of the day.
? Counter Trade Activation (After Stop-Loss Hit):
If the trade hits stop-loss, an opposite trade (counter trade) will be executed.
Counter trade conditions:
Long Entry: A candle must close above the session box.
Short Entry: A candle must close below the session box.
The counter trade will be executed with a predefined risk-reward ratio (e.g., 0.5/1).
All counter-trade analysis is performed on a 1-minute chart.
2️⃣ Input Parameters:
1️⃣ Session Time: Define the start and end time of the session box (e.g., 1:00-9:00).
2️⃣ Breakout Confirmation: Set the number of candle closes above/below the session box required to confirm a sweep.
3️⃣ Trade Time Restriction: Define the last hour to open new trades (e.g., if set to 10:00-15:00, no trades will open after 15:00).
4️⃣ Auto Trade Closing: Set a time at which all open trades and pending orders will be closed (e.g., 23:00).
5️⃣ Stop-Loss Calculation: Define how many candles back from entry SL should be placed (on a 1-minute chart, with separate settings for long/short).
6️⃣ Take-Profit Calculation: Choose a risk-reward ratio (e.g., 1/1, 0.5/1, 0.2/0.8) with an option to manually input values.
7️⃣ Counter Trade Execution:
Triggers if the original trade hits stop-loss.
Entry condition: A candle must close above/below the session box.
Customizable risk-reward ratio (e.g., 0.5/1).
8️⃣ Order Type Selection: Choose whether the entry order is executed via Limit or Market order.
9️⃣ SL/TP Order Type: Choose whether SL and TP should be executed as Limit or Market orders.
3️⃣ Visual Representation on the Chart ?
✅ Session Box Display:
The session box will be drawn on the chart with a semi-transparent background (low opacity).
The high and low of the session will determine the box boundaries.
Users can customize the background color and border style.
✅ Trade Entry Markers:
Up/Down arrows will indicate trade entries (Long/Short).
SL and TP levels will be clearly displayed on the chart with customizable colors.
✅ Counter Trade Markers:
If a counter trade is triggered, it will be marked with a different colored arrow to distinguish it from the initial trade.
Users can set different colors for regular entries vs. counter-trades.
✅ No-Trade Zone:
If the trade time restriction is reached, a visual marker will indicate no more trades can be entered.
If a TP is hit, the chart will display a marker showing that no additional trades will be executed for the rest of the day.
i want 1 for ninjatrader and 1 for tradingview