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Ausführungszeit 4 Tage
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hi, i need a robot that opens trades on the M5 or M15 (one or both can be selected) timeframe when a candle open and close outside of the bollinger bands without touching the band (body and shadow).
the trade is opened at the close of the candle with a stop loss under/above the candle/shadow (size in pips can be change in settings). under the lower band is a long, above the upper band is a short.
filters can be activated/ disactivated :
- if the color of the candle is in the direction of the trade (red for a short or green for a long)
- if, at the close of the bar that should open the trade , on the H1 timeframe the 20 EMA is above the 50 EMA for a long and vice versa for a short
- take the trade only if the RR of the trade is of 2 between the open and the 20 SMA (middle of the band)
- only having 1 trade open
- do not take a trade if the one on the previous candle is a SL.
money management can be changed in settings (default 0.5 % risk of balance per trade).
the stop loss is moved to break even when a risk reward ratio of 1 is reached (having an option to set BE on the 7 SMA). after that is a trailing stop loss (adjustable in settings. either a pips based move or based on the ratio ( when R/R of 3 is reached SL at R/R 2 and so on).
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