FreelanceSections

Simple Bollinger Band Strategy EA

MQL5 Experts Forex Trading robot/indicator debugging

Job finished

Execution time 22 hours
Feedback from employee
Good employer! Thank you 🙂
Feedback from customer
Recommend 100%. Did my job accurately and on time. Very responsive. Start to finish inside a day! Will work with again on any future ideas.

Specification

I want an EA to look for buys below the previous day close (PDC) and look for sells above the PDC. Short trades above the PDC will be executed once price has traded above a Bollinger Band (BB) high (Bollinger Band must be configurable), and then closes back under. Market sell on the close inside. SL set using multiple of ATR (ATR configurable). Position size is to be calculated based on a configurable percentage of account risk. Vive versa for long entries.

I want to be able to close partial profits at a configurable RRR target, and close a configurable amount of the open position as a percentage. I want the final target to be either at a predefined time of day which is configurable or at a specified RRR target, again configurable in settings.

I want the option of moving the SL to breakeven at a configurable RRR target, i.e. once price has reached 2:1 RRR, move SL to breakeven.

I want to have 3 start stop times, although the option of only using one, i.e. if set to 00:00 then not used.

Has to have the option of using a news filter, stop trading a set number of minutes before major red folder news and then re-start a set number of minutes after.

Must work on all intraday timeframes.

I want all the normal error handling and logging.

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Project information

Budget
100 - 200 USD