London Flipper EA

At the London Open  2 buy stops placed N pips above high of the Asian session and 2 sell stops placed N pips below the low of the Asian session. The stop loss is set at 1/2 the range of the Asian session.  This is not an OCO since neither order is cancelled once an order is triggered.  Two target prices are set. One is at 1/2 the range of the Asian session and the other at the full range. If the 1/2 target is hit then one order is closed and the other one has the stop loss moved to breakeven. Typically we are looking at a 1:2 RR however if both orders were to be triggered and both ended in losses we would lose the range of the Asian session less 2N pips. 

All orders should be cancelled or closed prior to high risk news or at the start of the New York session which ever comes first. 

If the range of the last Asian session is greater than the mean range of say the last N sessions then we could skip trading this pair since the risk increases once the range expands out of the norm. It's much better to trade when the range is narrow.  Another feature would be to enable trading only when the range is below a specified maximum for each pair.  

Inputs:

Asian Session Start Time
Asian Sessopm End Time
London Session Start Time
New York Session Start Time
Number of Targets 1 or 2 
Move to Breakeven on Target 1 hit
Close 1 order on Target 1 hit
Mean Range Enable - (Number of Sessions) 
Maximum Range Value
High Risk News Release Time 1
High Risk News Release Time 2
Number of Pips Above Range for Buy Stop
Number of Pips Below Range for Sell Stop
Magic Number 

This EA will be placed on the chart of each pair to be traded. It should display graphically the targets, mean range, news release indication, number of pips to each target when trade is active.

Buttons should include:
 
Close all pending orders on this pair
Close all active orders on this pair
Override New York session (orders are not closed)