Description of the project
Name of forex robot to be named BRENDA AUTOMATED PROFIT 19.4 (REAL ACCOUNT NOT DEMO) should be (Automatically) trade itself MT5
MY STRATEGY IS :BOLLINGER BANDS
FIRST BOLLINGER BANDS IS RED ( PERIOD 50) DEVIATION 2.000
SECOND BOLLINGER BANDS IS LIGHT GREEN ( PERIOD 50) DEVIATION 3.000
THIRD BOLLINGER BANDS IS YELLOW (PERIOD 50) DEVIATION 4.000
Magic Number 1940
Max long trades 5
Max short trades 2
Max open trades 6
Max trades 300
Allow algo trading
Allow automated (settings)
ON THE CHART OR SELECTED SYMBOL THE SHOULD BE A POWER BUTTON OFF AND ON, ON SELECTED SYMBOL
OFF : TO STOP TRADING
ON : START TRADING
N. B APPEAR ON ANY SELECTED SYMBOLS
ALSO LOT SIZE AND ALSO SYMBOLS SO YOU CAN CHANGE ANYTIME YOU WANT TO (IF POSSIBLE).
Trade from Monday to Friday
Start time : 00:00
End time : 23:59
TIMEFRAME : M15, M30 & H1.
SYMBOLS
XAUUSD(GOLD)
NAS100
DOW JONES (U30) & UK100
GBPUSD & GBPJPY
USDJPY
TYPE OF ACCOUNTS ZAR, KWD, GBP, USD & EUR
BROKERS : ANY
BUY STRATEGY :
When the price crosses the lower bands between red lower band and lower yellow bands or at least half to lower green band it's gonna be a buy and that's where it will close take profit for sell trades between red & green, retrace for buy trades. NO STOP LOSS
SELL STRATEGY :
When the price crosses the upper bands between the upper red band and upper green band it's gonna retrace go for sell or open sell trades that's where it will close take profit for buy trades. Go for sell. NO STOP LOSS
DAILY PROFIT : R10 000 TO R50 000
N. B IT SHOULD BE ABLE TO ANALYZE UPTREND AND DOWNTREND SO THAT IT WILL NEVER ENCOUNTER ANY PROBLEMS WHEN THE PRICE CROSSES THE BANDS BETWEEN RED GREEN & YELLOW DURING DOWNTREND OR UPTREND
N. B PLEASE TEST IT THAT IS WORKING PROPERLY IT OPENS TRADES AND CLOSE TRADES AUTOMATICALLY PLEASE TEST IT ON REAL ACCOUNT THAT ITS WORKING BEFORE SENDING IT TO ME
METATRADER 5 LEVERAGE ANY