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Execution time 12 days
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This EA will have 5 Strategies, all based on Bollinger:
1. Resistance/Support - will open a short trade if the price is close to upper bollinger band. open buy trade if the price is close to the lower bollinger band. Close when tp or sl reach level (wivh is set by a parameter based on th ebollinger deviations)
2. The Breakout - open buy above upper bollinger band with tp and sl. open sell below lower bollinger band with tp and sl
3. Mean reversion - the resistance/support with a negative trigger
4. Explosion - the price has to move above upper band after a narrow price range (determined by the difference of the bollinger bands - and is set in the inputs) and the ADX indicator needs to have a value below the ADX_val input value (to show a sideways trend). TP and SL added like for the other strageties
5. Middle resistance/support - a position is opened only if there is a weak trend (set by adx_val in inputs). If the price rises towards the middle band and it reaches close to it a sell eill open. Vice-versa for the buy to open (price comes down to middle band). Add sl and ttp.
All tp and sl will be virtual (NOT placed in the market as limit orders)
All calculations for opening trades will be on close of the chart candle.
Need to add a tp and sl line on the chart once a trade is placed
I have the full specifications requirements , including the list of inputs, the detailed description etc.
Responded
Arbitration
155
20%
/
52%
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