I need an EA, operate with Bollinger Band and Fibonacci.

MQL4 Experts

Job finished

Execution time 8 days
Feedback from customer
Fast and professional.
Feedback from employee
Thanks for the opportunity pal.

Specification

I need an EA, operate with Bollinger Band and Fibonacci.

 

Signal

Example – Sell

-          Bollinger band continue in X number (adjustable) candle Upper Band and Lower Band.

-          Candle above and cannot touch Bollinger Band Middle Band.

-          Apply Fibonacci at the last candle.

-          0% at Bollinger Middle Band, 100% at the highest point of the last candle.

-          Place Sell Limit Order at the Fibonacci level.

 

Example:

·         1st Entry = Y1 %

·         2nd Entry = Y2 %

·         3rd Entry = Y3% and so on…

-          Cancel Pending Order if candle touch to the Bollinger Middle Band.

-          Close all order if candle touch to the previous candle’s Bollinger Middle Band level.

-          Each time trade in single signal, cancel or close trade then can trade for new signal (not effect to other symbol).

 

Martingale

-          1st Entry follow percentage of capital.

-          The following level entry start martingale.

-          If the total P/L of previous trades was loss, the next signal 1st Entry need to martingale too.

 

Money Management  

-          Use percentage of the capital to auto lot size.

-          Use the range between 1st Entry and 2nd Entry to calculate the lot size. (just for calculation for the lot size entry, not for SL, or exit point)

-          If martingale reached the limit lot size of the broker, EA need to auto split the order to open trade.

 

Example:

·         If broker limit per trade is 50 lot, my martingale reach 55 lot, so EA need auto spit the order to 50 lot x 1, 5 lot x 1, totally 55 lot, but need to close trade together once order reached exit point.

Setting

-          Number of candles for signal needs

-          Bollinger Band Setting

-          Fibonacci Level Setting

·         1st Entry Level

·         2nd Entry Level

·         3rd Entry Level

·         4th Entry Level

·         5th Entry Level

·         6th Entry Level

·         7th Entry Level

·         8th Entry Level

·         9th Entry Level

-          Percentage Of Risk

-          Martingale Of Every Entry Level

-          Martingale Of Loss Trade


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Project information

Budget
30 - 60 USD
For the developer
27 - 54 USD
Deadline
from 7 to 14 day(s)