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Create EA for BBMA

MQL4 Esperti Forex Trading robot/indicator debugging

Specifiche

Below are the indicators for this EA strategy:

1) Bollinger Bands (default)
2) Linear Weighted Moving Average(Period: 5, Apply to: Low)
3) Linear Weighted Moving Average(Period: 10, Apply to: Low)

4) Linear Weighted Moving Average(Period: 5, Apply to: High)

5) Linear Weighted Moving Average(Period: 10, Apply to: High)

Lists of entry type:

1) CSAK
2) Extreme
3) Momentum


Entry Explaination:

1) CSAK :-

Buy entry : When candle open below middle bollinger band and close more than middle bollinger band also close more than LWMA 5,LWMA 10 High, EA need to wait for next candle and entry buy limit at middle bollinger band.

Sell entry : When candle open above middle bollinger band and close less than middle bollinger band also close more than LWMA 5,LWMA 10 Low, EA need to wait for next candle and entry sell limit at middle bollinger band.

2) Extreme:-

Buy entry : When candle open below lower bollinger band and LWMA 5 Low less than lower bollinger band, EA need to wait for next candle and instant entry.

Sell entry : When candle open above upper bollinger band and LWMA 5 High more than upper bollinger band, EA need to wait for next candle and instant entry.

3) Momentum :-

Buy entry : When candle close above upper bollinger band, entry buy limit in range LWMA 5,LWMA 10 Low .

Sell entry : When candle close below lower bollinger band, entry sell limit in range LWMA 5,LWMA 10 High.



 

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