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
(312)
Projects
559
35%
Arbitration
79
32% / 43%
Overdue
203
36%
Working
2
Developer 2
Rating
(9)
Projects
8
50%
Arbitration
6
17% / 50%
Overdue
2
25%
Free
3
Developer 3
Rating
(2)
Projects
4
0%
Arbitration
3
33% / 67%
Overdue
2
50%
Working
4
Developer 4
Rating
(362)
Projects
435
54%
Arbitration
20
55% / 15%
Overdue
30
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
(328)
Projects
511
19%
Arbitration
33
45% / 30%
Overdue
34
7%
Loaded
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
14
21%
Arbitration
0
Overdue
0
Working
12
Developer 12
Rating
(381)
Projects
490
23%
Arbitration
59
54% / 25%
Overdue
56
11%
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
(60)
Projects
87
29%
Arbitration
24
13% / 58%
Overdue
7
8%
Loaded
15
Developer 15
Rating
(618)
Projects
1428
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
(567)
Projects
656
32%
Arbitration
41
41% / 46%
Overdue
11
2%
Busy
19
Developer 19
Rating
(297)
Projects
476
40%
Arbitration
105
40% / 24%
Overdue
81
17%
Busy
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
20
25%
Arbitration
0
Overdue
2
10%
Free
Published: 3 codes
Similar orders
I offer expert services to refine and optimize your MetaTrader 5 Expert Advisors for peak performance. My approach focuses on achieving a maximum Sharpe Ratio while strictly limiting Maximum Drawdown (Max DD) , making the strategy suitable for high-standard environments like prop firm trading . I specialize in indicator-based logic and logical filter enhancements rather than external Telegram signals. With a
I am looking for an experienced developer to create a custom Expert Advisor (EA) for trading. The developer should have strong knowledge of MT4/MT5, strategy logic, indicators, risk management, and backtesting. Experience in building reliable and professional trading robots is preferred. Please contact me if you have done similar projects before. 9817724000
5.20buy-20.5sell 50 - 1000 USD
⸻ 🧠 Professional AI Prompt (Clear English Version) Act as a professional algorithmic trading engineer with deep expertise in developing automated trading systems for TradingView and MetaTrader. You have strong knowledge of market behavior, trend analysis, and risk management. Your task is to design a fully automated trading strategy based on the following requirements: ⸻ 🎯 Entry Conditions: • Open a BUY trade
I am a Professional Forex Trader, actively working in the financial markets with a strong focus on how price truly moves. I specialize in logic, market structure, and institutional behavior rather than indicators or guesswork. I have mastered: • Market Structure • Trend Identification • Elliott Wave Theory • Wyckoff Logic My core expertise lies in: • Deep understanding of market structure • Identifying
Hello traders, I have Quantum queen v3.52, which is the latest version, available for $500 only. The price on the platform is around $1800, but I am offering it for a much lower price for serious buyers. Details: Product: Quantum queen Version: v3.52 Price: $500 Condition: Serious buyers only
EA for prop firms 30 - 500 USD
Hi, I am looking to purchase a MT5 EA that can show consistent profitability 5% each month with drawdown less than 9%. I am not ready to build a new one from scratch as i do not have the strategy in mind yet so i do not want to take the risk of building one but not sure if it works. Only apply if you have an existing proven and tested EA that can sell to me together with the source code. The Ea is for prop firm even
I am a professional trader specializing in technical analysis using a powerful combination of Fibonacci strategies and Dow Theory. With strong experience in reading market structure, I am able to identify major trends, precise entry points, and key support & resistance levels with high accuracy. My approach goes beyond using a single indicator. I combine Fibonacci retracement & extension to pinpoint potential
Early Killer EA 30+ USD
It must have automated stop loss. Something that can end poverty and kill the market early.It must take the trades for me whenever I start it it must work on tradeport ea
I WANT TO CONVERT MY INDICATOR TO ROBOT, BUT I DONT HAVE THE SOURCE CODE , THE PROGRAMMER WILL DEVELOP THE SOURCE CODE FOR THE JOB. THE STRAGY IS SIMPLE , THE ROBOT WILL EXECUTE A TRADE WHEN THE SIGNAL FROM THE INDICATOR APPEARS. BUY SIGNAL IS WHEN THE ARROW APPEAS ON THE LOWER ZONE ( SUPPORT ZONE) SELL SIGNAL WHEN THE ARROW APPEARS ON THE UPPER ZONE ( RESISTANCE ZONE).THE ROBOT WILL HAVE THE FOLLWING FEATURES (1)
I want a prop-firm compatible MT5 trading robot, not a fast or aggressive one, for passing Prop firm challenges of any account sizes and also capable of earning profit on funded account after passing the challenge. Objectives: – Pass a prop firm challenge safely within 2–4 weeks, not 1 week. – Focus on capital protection first, profit second. Risk & Money Management: – Risk per trade: 0.25%–0.5% max – No martingale

Project information

Budget
100+ USD
Deadline
to 2 day(s)