Bollinger EA

MQL5 Experts

Job finished

Execution time 3 days

Specification

i would like a quote for a very simple multicurrency ea that uses my external RiskManagement file. I also want stats, which is a simple balance and risk per trade update of a html table.

The EA needs to handle up to 6 different Pairs. The trade idea is: as soon as the current price touches the upper or lower band we enter a trade towards the median line which is were we set our limit (The limit needs to update via a setting like every minute, 5minutes,1hourly ) Also we want a stoploss that uses a 1:1RiskReward Ratio so has the same distance as outerline at trade entry to median line.   

 We do need an option to let the stoploss trail when the limit moves with the median line. As we never want to risk more than what we woud get if the trade hits the limit, we cant move the stoploss against our favour.  

 

Example: The EURUSD touches the lower band so we enter a long, the limit is the median line.

scenario1: While the trade goes into our favour the median line rises, which means our limit needs to raise and also the stoploss if we have that option enabled. 

scenario2:  While the trade goes further below the lower band the median line decreases, which means our limit needs to decrease but our stoploss cant as we would not keep our RiskReward ratio consistent. 

 

We want to draw into the chart a red line for the stoploss and a green for the limit.. So we can see in the chart how the stoploss and limits moved and where it was in the past. Also i want an option to not enter trades if the spread is above a certain value.

 

parameters per pair:

 

pair:

timeframe:1hr

bb period:

 bb deviations:

apply to: close

 bb shift: 0

 move stoploss: yes

max spread: 8

moneymanagement is handlet via my external RiskManagement file so you will only need to acess it to get parameters like: Risk percentage, capital and so on.

 

many thanks

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