I need a robot for trading Bollinger Bands on MQL5

Job finished

Execution time 1 day
Feedback from employee
A very honest customer, clear specifications. I hope to do more work with him in future.
Feedback from customer
A very reliable person, he works untill you are happy with the results.

Specification

Basically, I want to open a short position when these two conditions are met: the candle closes above the upper Bollinger Band, and the next candle or candles close below the upper Bollinger Band.

 

For long entries, we follow the same rules: if the candle closes below the lower Bollinger Band and the next candle or candles close above the lower Bollinger Band, we take the trade.

 

The stop loss will be placed based on the ATR (14 periods) with a multiplier of 4, above the entry candle for short positions and below for long positions.

 

The take profit is dynamic and will be placed on the middle Bollinger Band.

 

If possible, I would like to be able to modify the ATR multiplier.

 

This strategy is for trading Forex.

 

Bollinger Band settings: 80, 3, 3.


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Project information

Budget
30 - 40 USD
Deadline
to 10 day(s)