Bullinger Bands based EA

MQL4 Experts

Job finished

Execution time 12 days

Specification

Hi,

 

I would like to have a simple Bollinger Bands EA as following:

  1. Long or Short 
  2. In case that Pin-Bar candle stick (or inverted Pin-Bar for short) is touching or crossing the band (lower for long and upper for short) a position should be opened above (or below - short) the trigger bar.
  3. Pin-Bar definition: "body" + "nose" shouldn't be more then 30% of the "wick". "nose" cant be more then 30%. more general information can be found here (please stick with mine definitions for Pin-Bar) >
  4. Ability to adjust what "Pin-Bar" means or, how perfect it should be: "body" + "nose" is 30% of the "wick", 10%, 20%, 40%, 50% (Doji), 60% etc. this should be optimized too.
  5. Ability to adjust the max "nose" percentage of the whole candle: 0 - 100%.   this should be optimized too.
  6. Another optional condition for entry: RSI 10 is low or high for short position. (configurable parameters - can be optimized). this condition can be completely turn off.
  7. Stop Loss will be set using the trigger candle range.
  8. Take Profit will set as 1R,1.3R,1.5R,1.8R and 2R (as configurable parameters - can be optimized).
  9. All other common parameters.
Anybody that can prove his capability invited to apply with his price offer.

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