FreelanceSections

Add 2 filters onto my Bollinger Band EA

MQL4 Experts

Job finished

Execution time 19 hours
Feedback from employee
Good luck!
Feedback from customer
Fast and reliable. Would provide alternatives and professional suggestions to issues faced. Would love to work with Mehmet Merden again

Specification

My Bollinger Band Bounce  EA currently takes a long trade, when a Bar closed below Lower band, followed by the next bar crossing and closed back above the lower band . (opposite is true for short).


The following are the 2 filters I want added onto my EA (mql4):


1) overextended filter A:  if "true", will check if the the width of the band has been widening for "N" bar for the respective trade signal.

e.g. i only wanna take a long trade after the lower Band has widen for N bars in a row before it crossed and closed above the lower band.

and a short trade after the Upper Band has widen for N bars in a row before it crossed and closed below the upper band.

I must be able to adjust the lookback or "N" Bar.


2) Spread filter: if true, EA will not open trade if spread is higher than allowed. An error message would be sent to the journal if a trade fails to open due to High Spread.



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