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Hi all,
I am trying to build a scalper ea using the double bollinger band and MA strategies put together.
The EA should perform as follows (for long):
1) Signal generated when the price tags the upper (2nd S.D) BB.
2) After that track the prices and monitor when it touches the 1st S.D BB. Place order when the 1st S.D band is tagged.
3) Stop loss at 20 SMA
4) Trade ends when the prices tags the upper BB again.
This setup was described by Boris Schlossberg in his book and I would appreciate any help in coding.
I will be happy to share proceeds upon publishing the scalping strategy as well.
I am new to Metatrader and still learning my ropes around the interface.
Thank you.
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