Simple MT5 EA – Bollinger Bands Entry with SL/TP

MQL5 Experts

Specification

I need a simple MT5 Expert Advisor based on Bollinger Bands.

Requirements:

  • Platform: MetaTrader 5 / MQL5
  • Buy when price closes below the lower Bollinger Band
  • Sell when price closes above the upper Bollinger Band
  • Bollinger period configurable, default 20
  • Deviation configurable, default 2.0
  • Fixed lot size configurable
  • Stop Loss configurable
  • Take Profit configurable
  • Maximum one open position per symbol
  • Use completed candles only
  • Configurable Magic Number
  • Deliver full .mq5 source code
  • Must compile without errors
  • No martingale, grid or averaging
  • No profitability guarantee required

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