AUTOMATED BUY AND SELL ALGO BASED UPON BOLLINGER BANDS

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Tarea técnica

AUTOMATED BUY AND SELL ALGO BASED UPON BOLLINGER BANDS
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Buy position forumla : TRADE EXAMPLE PICTURE INSERTED
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1. Enter a buy position once the first candle closes above the top bollinger band line.

2. Only close position once the candle has entered back inside the top bollinger band line.


***IMPORTANT: ONCE POSITION IS ENTERED I DO NOT WANT A FIXED PROFIT OR STOP LOSS.. THE POSITION WILL ONLY CLOSE ONCE THE SECOND RULE HAS BEEN TRIGGERED...AS EXPLAINED ABOVE.



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SELL position forumla : TRADE EXAMPLE PICTURE INSERTED
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1. Enter a sell position once the first candle closes below the bottom bollinger band line.

2. Only close position once the candle has entered back inside the bottom bollinger band line.


***IMPORTANT: ONCE POSITION IS ENTERED I DO NOT WANT A FIXED PROFIT OR STOP LOSS.. THE POSITION WILL ONLY CLOSE ONCE THE SECOND RULE HAS BEEN TRIGGERED...AS EXPLAINED ABOVE.


---------------------------------------------------------------------------------------------------------------


* Both the SELL and BUY position have the same rules.

* I want to be able to switch which timeframe the algo trades on within the setting <<<< IMPORTANT



---NEED THIS DONE WITHIN HOURS TODAY.

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