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AUTOMATE MY STRETEGY FOR MT5

MQL5 Experts Forex Trading robot/indicator debugging Strategy optimization Python

Specification

i want to automate my already tested strategy . my strategy include following points.

1) INDICATORS : a) RSI

                        b) Bollinger bands 

2) TIME FRAME : Hourly 

3) RULES: 

                  a) BUY when rsi >60 +  signal candle closes above upper bollinger band 

                  b) SELL when rsi < 40 + signal candle closes below lower bollinger bands

4) STOP LOSS : (buy) low of signal candle

                       (sell) high of signal candle

5)TAKE PROFIT:  Double the size of signal candle (R:R =1:2)

6) NOTES : a) signal candle should be the first candle which is crossing above the upper bollinger band & vice versa

                     for sell signal candle( please discuss if not understood)

7) RISK : 1% of the total capital

8) SCRIPTS : EURUSD,GBPUSD,XAUUSD,XAGUSD,USDJPY,EURJPY,AUDCAD,USDCAD only


                 

Files:

PNG
USDCAD_2023-12-08_11-59-08.png
216.1 Kb
PNG
USDCAD_2023-12-08_12-01-59.png
170.1 Kb

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