FreelanceSections

Develop an EA that takes on indicator buffers

MQL4 Experts

Job finished

Execution time 23 hours

Specification

Basically port a particular indicator that I regularly use as an EA.

After a buffer shows up on the indicator, on the next bar.

1. place either a long or short trade depending on the direction of the arrow

2. SL ==> previous x candle or current candle Low or High

3. TP1 ==> Close when price closes over or below mid band (move SL to trade open price if lot size greater than 1 unit)


If trade size greater than 1 unit, example y=0.05 or y=0.03 higher than 1

4. TP2 ==> Close 2nd unit when price closes over the upper or below lower Bollinger band

5. TP3 ==> Close the rest as trailing stop (move SL to the midband close of the first unit)



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