Spezifikation
Ea Bollinger Band Take Profit Rules
Ea for take profit and stop loss with Bollinger band trading strategy
1.Two
options for profit and stop loss based on strategy.
2.I
must have three options to take profit 1) “x” number of pips from middle
Bollinger band 2) once the price hits the middle Bollinger band. 3) or a preset
number of pips determined by the trader. I should be able to select which take
profit option I will be using. all, or anyone individually.
3.I
must have three options for stop loss. 1) “X” number of pips from either top
Bollinger band if it’s a sale or bottom Bollinger band of it’s a buy. 2) a
preset number of pips determined by the trader. 3) “x” number of pips from last
high or low. I should be able to select which option I will be using, all, or
anyone individually.
4.Basically
I enter a trade when price goes to either extremes of the Bollinger band and
goes back towards the middle Bollinger band. Usually I will take profit at the
middle Bollinger band or if the trend is strong, take profit “x” number of pips
when the process crosses the middle Bollinger band.
5. I will exit the trade when the price breaches previous low/high or goes below or above the outer Bollinger bands depending on sale or buy.
6. I should also have the option to attach it to one chart and will work on all charts on the screen. Since I have many charts open at once. I should be able to turn this option on or off.
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