Job finished

Execution time 21 days

Specification

Detailed presentation of the trading strategy based on Bollinger Bands
Objectives:
1. Identify the market situation: Range or Trend.
2. Apply the rules for opening trades according to market conditions.
3. Ensure proper risk management with variable SL and TP.
________________________________________
1. Market identification
a. Range:
- Definition: Bollinger bands are nearly horizontal.
- Key indicators: 
o The calculated average line for a band (upper/lower) has an angle of less than 25° to the horizontal.
o Number of candles analyzed - 20
o There are at least two distinct peaks touching or approaching the same outer bands.
b. Trend:
- Definition: Bollinger bands are relatively parallel and sloping.
- Key Indicators: 
o The mean line has an angle greater than 30° to the horizontal.
o Number of candles analyzed - 20
________________________________________
2. Conditions for opening transactions
a. Range:
- Direction: Trade against the chart direction.
- Signal: 
o One candle near the outside band followed by one or two candles in the opposite direction.
o The sum of the bodies (Open-Close) of one or two consecutive candles in the opposite direction must be greater than the body of the candle that approached the outside lane.
b. Trend:
- Direction: Trading in the direction of the trend.
- Signal: 
o The chart touches the Bollinger median band.
o The "reversal" criterion defined above applies.
c. Situation

- Conditions: 

o A 1M candle pierces the lower band.

o The candle is longer than the previous candle.

o The volume has increased at least 20% since the previous one.

o Momentum is less than the average of the last 20 candles.

________________________________________

3. Time interval filtering

- 1M: The distance between the outer bands must be at least 100 (equivalent to 1000 pips).

- 5M: The distance between the outer bands must be at least 150 (equivalent to 1500 pips).

- 15M: If there are no relevant spins on 1M and 5M, move to this range.

________________________________________

4. Trade management

- Stop Loss (SL): Fixed at 400 pips.

- Take Profit (TP): Variable; the trade is closed when a return occurs according to the criteria defined above.

- Broker commission: A fixed commission of 280 pips per trade is considered.

Responded

1
Developer 1
Rating
(319)
Projects
574
35%
Arbitration
83
31% / 45%
Overdue
207
36%
Free
2
Developer 2
Rating
(9)
Projects
8
50%
Arbitration
6
17% / 50%
Overdue
2
25%
Free
3
Developer 3
Rating
(3)
Projects
4
0%
Arbitration
4
25% / 75%
Overdue
1
25%
Free
4
Developer 4
Rating
(369)
Projects
459
55%
Arbitration
24
58% / 17%
Overdue
31
7%
Working
5
Developer 5
Rating
(412)
Projects
543
75%
Arbitration
9
44% / 0%
Overdue
24
4%
Free
6
Developer 6
Rating
(45)
Projects
91
13%
Arbitration
34
26% / 59%
Overdue
37
41%
Free
7
Developer 7
Rating
(52)
Projects
67
43%
Arbitration
8
0% / 100%
Overdue
3
4%
Free
8
Developer 8
Rating
(329)
Projects
515
19%
Arbitration
35
46% / 31%
Overdue
34
7%
Working
9
Developer 9
Rating
(9)
Projects
20
10%
Arbitration
4
50% / 50%
Overdue
5
25%
Free
10
Developer 10
Rating
(12)
Projects
9
33%
Arbitration
11
0% / 100%
Overdue
2
22%
Free
11
Developer 11
Rating
(14)
Projects
15
20%
Arbitration
1
100% / 0%
Overdue
0
Free
12
Developer 12
Rating
(402)
Projects
520
24%
Arbitration
61
57% / 25%
Overdue
60
12%
Loaded
13
Developer 13
Rating
(152)
Projects
228
80%
Arbitration
22
27% / 50%
Overdue
11
5%
Free
Published: 24 articles, 1882 codes
14
Developer 14
Rating
(62)
Projects
90
29%
Arbitration
24
13% / 58%
Overdue
7
8%
Working
15
Developer 15
Rating
(618)
Projects
1429
59%
Arbitration
31
81% / 0%
Overdue
10
1%
Free
16
Developer 16
Rating
(16)
Projects
35
23%
Arbitration
4
0% / 50%
Overdue
2
6%
Working
17
Developer 17
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
18
Developer 18
Rating
(634)
Projects
741
34%
Arbitration
49
53% / 39%
Overdue
14
2%
Working
19
Developer 19
Rating
(298)
Projects
478
40%
Arbitration
105
40% / 24%
Overdue
82
17%
Loaded
Published: 2 codes
20
Developer 20
Rating
(271)
Projects
553
50%
Arbitration
57
40% / 37%
Overdue
227
41%
Working
21
Developer 21
Rating
(14)
Projects
21
24%
Arbitration
0
Overdue
2
10%
Free
Published: 3 codes
Similar orders
Trading 35+ USD
Project: XAUUSD Gold Trading Robot for MetaTrader 5 I want to develop a fully automated Expert Advisor (EA) for MetaTrader 5, designed exclusively for Gold (XAUUSD) and compatible with the Exness broker. Trading Strategy: Liquidity + CHOCH + Retest Identify important buy-side and sell-side liquidity zones using previous highs and lows, equal highs/lows, and confirmed swing points. Wait for a clear liquidity sweep
i want to fix my gold martingale bot MT5. RSI 14 ENTRY 30 BUY 70 SELL Lot 0.02 0.04 0.07 TP 150 for all SL 90 30 30 once total daily profit is 200$ stop trading stop trading once 2 consecutives total losses stop trading if spread exceeded 30 and between hour 15 & 17 PM Move SL to breakeven point once the profit exceeded 50 from from breakeven thanks
MarketMind Breakout Pro XAUUSD H1 — Donchian Breakout EA Project type: Personal EA development and backtesting Platform: MetaTrader 5 Instrument: XAUUSD Timeframe: H1 Strategy: Donchian Channel breakout with EMA 200 Project overview This project evaluates a Donchian breakout trading strategy for XAUUSD on the H1 timeframe. The system uses channel-based breakout conditions and an EMA 200 trend filter. Historical
Title: Fully Automatic MT5 Trading Bot (Expert Advisor) with Risk Management I want a fully automated trading robot (Expert Advisor) for MetaTrader 5, written in MQL5. The bot must automatically analyse market data, identify trading opportunities, execute BUY and SELL orders, manage open positions, and close trades according to predefined rules without requiring manual confirmation for each trade. Requirements
I have three indicators that operate independently. I want to combine them into one indicator with custom expert programming that automatically enters trades when a signal is generated by one of the indicators. I will pay for this service Thanks you
Existing EA: NEW_CORE_ORB_M5_v021 | MT5 | XAUUSD M5 Early-stage research prototype, not a new EA from scratch. Need an experienced MQL5 developer to audit, complete, repair, improve and test BOTH independent strategies equally: Opening Range Breakout (ORB) and Scalp. Keep code lightweight and preserve an untouched baseline. No unnecessary rewrite or complex filters. 1. ORB Strategy Verify opening-range construction
Hello International Developer, I need LIFETIME MT5 EA for XAUUSD Gold. REQUIREMENTS: 1. Lifetime bot - No expiry date, unlimited accounts, unlimited installations 2. Must include source code .mq5 file - This makes it lifetime 3. Every trade MUST have Stop Loss 300 points and Take Profit 600 points 4. No martingale, No grid, No averaging - Clean safe strategy 5. Auto lot size = 1% risk per trade for good margin growth
Expert advisor 150+ USD
Hiring: Forex Strategist & MQL5 Developer for Long-Term EA Development I am looking for an experienced Forex Strategist and MT5 (MQL5) Developer to work with me on an ongoing project to develop, test, improve, and optimize a profitable Forex Expert Advisor (EA). My Message to the Developer My budget is $150 . However, this is not intended to be a one-time payment for a finished product. I want an ongoing working
Hello developers,I am looking for an experienced MQL5 developer to create an EA based on Moving Average retest strategy with advanced recovery system.The concept is simple: Entry is based on MA close and retest. Initial trade has small TP and no SL.If price goes against the initial position, the EA should manage it using:Opposite hedge tradePending limit grid systemBasket take profitMartingale lot multiplier after
Hi gentlemen, I want MT5 market orders placed (open and close orders) on MEXC trading through web browser. MEXC doesnt allow algo trading. - Need source code budget: USD 50 (quote me your price and delivery time) I need this at the earliest and this job is only for mexc.com, not binance or any other exchange I look forward to your price offer and your suggestions. Appreciate

Project information

Budget
100+ USD
Deadline
to 2 day(s)