BBand EA

MQL4 Experts

Job finished

Execution time 1 day

Specification

I want an EA programed that uses Bollinger Band Indicator.

If you bid please include a price and timeframe.

Inputs

Magic Number 

Lot Size

TP true/false

SL%

Trailing Stop true/false

Bands period

Bands divination

Bands shift

 

Logic

When price is =< lower band, open long position. 

When price is => upper band, open short position.

The EA can't open 2 long or short orders in a row, it must alternate.

 

TP continually moves according to the lower and upper bands, 

TP follows upper band for long orders, and lower band for short orders.

SL is set to a percentage of current TP. i.e. if current TP is 200 pips and SL% is set to 50, then SL will be 100 pips.

 

When price touches the middle band the SL is deleted and replaced with a Trailing Stop that is set to breakeven.

If the pip difference between the price and breakeven (when initially set) is X then the Trailing Stop will continue to follow the price at that distance.

 

Everything is virtual, no pending orders, etc.

I don't want problems with sending to meny modify requests to the server.

Responded

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Developer 1
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3
Developer 3
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Published: 4 codes
4
Developer 4
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Published: 4 articles, 19 codes
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Project information

Budget
100- USD