FreelanceSections

BB Bands EA

MQL4 Experts

Specification

I want to modify existing indicator (Exponential Bollinger Bands) into EA. EMA BB setting 24 deviation 0,50

2 entry triggers:

1 We go long or short when price trades outside the band with minimum two (!) or more closing candles (irrelevant if bullish or bearish that closed outside the bands ) and pulls back to the outer band. Entry is triggered when price touches the band upon retrace. 

2 Second entry trigger is optional: entry is triggered when candle closes above or below the band (fixed amount of pips to prevent extreme overshoot-close) after it had been trading with at least two closes (irrelavant if bullish or bearish) inside of the bands.

TP

1 Fixed number of pips tp

2 Previous low or high 

SL

1 Fixed number of pips

2 Previous low or high 


Extra filter: EMA (below or above)

Optional filter (on or off): No new trade is trigerred when there is ongoing trade until it hits tp or sl

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Project information

Budget
50+ USD
For the developer
45 USD