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Please create an expert advisor based on ATR

MQL5 Прочее

Техническое задание

Specification

Please create an expert advisor based on ATR

- Only one order per day

 

Indicator used

1. Using the ATR indicator, the ATR input can be changed

2. Using a moving average, changeable period, SIMPLE MA method, aply to PREVIOUS DATA INDICATORS

 

ENTRY POINT

1. If ATR cuts the Moving average from below, and the candlestick is BULLISH, do BUY at the next open candlestick price

2. If the ATR cuts the moving averages from below and the BEARISH candlestick, do SELL at the next open candlestick price

 

 

STOPLOSS

Using Bollinger band indicators, periods can be changed

Stop losses for buy orders = whichever is lower between the Lower band and the previous Low candlestick price minus 100 points

Stop losses for sell orders = whichever is higher between the Upper band and the previous High candlestick price plus 100 points

 

TAKE PROFIT

The take profit distance is the same as the stop loss distance

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