FreelanceSections

An MT4 EA based on Bollinger Band & Moving Average with Heiken Candle

MQL4 Experts Trading robot/indicator debugging

Job finished

Execution time 7 days

Specification

Indicators used are:


2 Bollinger Bands (BB1 : Deviation = 1 / BB2 : Deviation = 3)

2 Simple Moving Average (MA5 : lenght = 5 / MA8 : lenght = 8)



Trading Strategy



Trade entry conditions:

1. Buy order
Enter buy order when

  • (close price over Top BB1) or (High Price close over MA8)


2. Sell order
Enter sell order when

  • (close price under Bot BB1) or (Low Price close under MA8)



Trade Exit Conditions :

Exit buy order when

  • ((MA5 cross under MA8) & (Price cross over Top BB2)) or (Price close under Top BB1)


Exit sell order when

  • ((MA5 cross over MA8) & (Price cross under Bot BB2)) or (Price close over Bot BB1)


Note
  • For the moment I'm not seeking for a complex orders management's with trailling stop, multiple take profit, scalable SL, etc, etc.
  • This strategy need to work on a chart with Heiken Ashi candle (I will provide you this indicators)
  • The EA should be able to be back-tested.
  • The EA should execute trade on the same TF as the TF currently used in the chart
  • EA should be able to trade any currency pair.
  • All indicators values should be adjustable.
  • The lot size should be set by user and be adjustable
  • Show on the chart wich indicators the EA use, I dont know if its a base option a EA
  • Get the possibilty in the EA to choose between trading-robot or only alert (when condition are reach)



Have a nice day, and I hope we will do business together.

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Project information

Budget
30+ USD