EA based on Bollinger bands with Martingale

MQL4 Experten

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Ausführungszeit 21 Stunden
Bewertung des Kunden
Super fast service. EA did exactly what I wanted. A++
Bewertung des Entwicklers
Excellent customer 👌

Spezifikation

I'm sure this has been done, but I just soon pay for it then search.

I need an EA for MT4 that will open orders based on BB and current open positioning, as well as adding to positions by a multiple, Martingale fashion.


If there are currently NO open positions, then:

Buy x LOTS if ask crosses under lower bb. Execute at the tick level only once per bar

Sell x Lots if bid crosses over upper bb. Execute at the tick level only once per bar.

After the first trade is open, then:

Buy "current total lots" x Multiplier if bar closes under lower bb. Execute at bar close.

Sell "current total lots" x Multiplier if bar closes above upper bb. Execute at bar close.

I'll be managing tp/sl via a separate ea, but might as well add a couple optional tools.

Set to 0 if not to be used, or 1 to be used. These to be executed at tick level, not bar close.

If account profit>0 and ask crosses over moving average of bb, then close all positions.

If account profit>0 and bid crosses under moving average of bb, then close all positions.

if account profit>0 and ask crosses over upper bb, then close all positions.

if account profit>0 and bid crosses under lower bb, then close all positions.

INPUTS would be:

  • Standard Bollinger band inputs. (Period 20, Deviations 2, Shift 0, Apply to Close)
  • Direction to Open (Buy, Sell, Both)
  • Lots (.01)
  • Multiplier (2)
  • TP Cross Average (0 or 1)
  • TP Cross Band (0 or 1)

I need any TP to be FIFO compatible for US trader.

I'd like the code to be open so I can make slight modifications myself.

I think that's it, but let me know if I'm forgetting something. 


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