BB Stop EA

Hi there,

Attached is the BB Stop indicator. Requirement for EA as follows;

Buy on Blue; Sell on Red. Once EA starts it will wait for the new signal on the close of Bar.

Basic Parameters:

Direction: Both/Buy Only/Sell Only [if select both it means EA will perform normally - such as Buy on Blue and Sell on Red. If select "Buy Only" then EA will only open Buy trades AND if select "Sell Only" then EA will only open Sell trades]

1. Lot:

2. TP:

3. SL:

4. Close on opposite Signal: Y/N/D

[Yes means trade will stopout and another trade will be opened].

[No means trade will continue to the initial direction].

[D means if trend change, then initial trade will be closed and No new trade should open].

Advance Parameters:

5. Continue Trade (Y/N)

Please read this carefully:

[If we have a Buy trade; then trend changes from Blue to Red; If we select "YES" then our Buy trade will not close, but instead a Sell trade will open. It means now we have one buy trade and one sell trade. EA should open Buy and Sell Trades on the basis of Indicator's Blue and Red. It also means we will have basket of trades].

[If select NO, then continue trade function will not work]

5a. Increased Lot (Y/N):

[Yes means initial lot will multiply by the lot multiplier as function 5b below].

[No means, lot will remain the same].

5b. Lot Multiplier:

5c. Basket Profit: [for example, if we put 10, it means all trades will be closed on profit of  USD10, if we leave this function blank then this function will not work].

5d. Basket Loss: [if we put 100 then all trades will be closed if losses are equal to USD 100]

Please let me know if you need any clarification.

Thanks