A Trend Trading Indicator Based on Bollinger Bands

MQL4 Indicators

Job finished

Execution time 5 days

Specification

This indicator is based on a simple trend trading strategy that uses the Bollinger Bands indicator.

A summary of how it works is as follows;


There are four(4) timeframes. 

1. The first timeframe is called the signal/entry timeframe 

2. There are 3 Other Higher timeframes whose conditions must be met to give out a signal.

The period of the higher timeframes is always higher than that of the signal timeframe.


The alert is triggered depending on the position of the candle bars(OHLC) relative to the Bollinger Bands on the 
different timeframes that are selected.

If the BUY conditions that have been set on the timeframes(signal & higher) are met, then indicator will send out BUY alerts.

If the SELL conditions that have been set on the timeframes(signal & higher) are met, then indicator will send out SELL alerts.

If you're interested in the project, kindly indicate and we can share more details about the indicator.

Thank you. 

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Project information

Budget
30 - 50 USD
For the developer
27 - 45 USD
Deadline
from 2 to 3 day(s)