Freelance service at MQL5.com: Bollinger Bands EA

Job finished

Execution time 21 days

Description

Specification

All the functions must be editable and can be enabled/disabled.

1% of the balance with position size calculator (possibility to change this function)

Indicators:

Bollinger band

RSI

ATR

Trading rules (long):

Current candle is green

Current candle close is greater than high of previous candle

Previous candle is red

Previous candle low is lower than the lower bollinger band

RSI at the previous candle is less than 25

Trading rules (short):

Current candle is red

Current candle close is less than the low of previous candle

Previous candle is green

Previous candle high is higher than the upper bollinger band

RSI at the previous candle is greater than 75

Position is taken at the open of the subsequent candle

Stop loss = 1.6* the trigger candle’s ATR;

Take Profit = 1.6* the trigger candle’s ATR

Stop-loss and Take profit based on ATR:

Stop-loss levels (possibily to enable/disable this function) :

When 1R:R is reach - move stop-loss to BE (possibility to change the number of this function and to enable/disable it)

When 2R:R is reach - move stop-loss to 1R:R (possibility to change the number of this function and to enable/disable it)

When 3R:R is reach - move stop-loss to 2R:R (possibility to change the number of this function and to enable/disable it)

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Project information

Budget

35+ USD

VAT (20%): 7 USD

Total: 42 USD

For the developer

31.5 USD

Specification quality
Result check quality
Availability and communication skills