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Asia Session Mechanical Entry by Alex

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This indicator executes fully mechanical trades at the start of the Asian session (default: 20:00 Argentina time).

Core logic:

Compares the closing prices of the previous two sessions at 20:00 and 09:00 to determine bias.

If both days move in the same direction, the indicator takes a mean-reversion trade (opposite to the last two days’ move).

If the days move in opposite directions, the trade follows the most recent day’s direction.

Execution details:

Entry price: exact session open or delayed by a user-defined number of candles.

Stop Loss: nearest swing high/low ± ATR multiplier buffer.

Take Profit: calculated from entry to SL distance, multiplied by user-defined RR ratio.

ATR value plotted for volatility reference.

Works on H1 charts for consistent candle timing.

Features:

Adjustable start/end session times.

Configurable ATR multiplier, RR ratio, and delay before entry.

Manual overrides for SL/TP levels.

Automatic daily reset for next session's logic.

Notes:
This tool is based on a classic session-reversion model enhanced with ATR-based filters, flexible timing, and manual overrides. It is designed for systematic execution and quick visual backtesting.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.