Simple EA for MT5 using ATR, BB and Stoch

Global: if match bot open limit entry order or market. If filled it wait for execution not placing new orders. If not filled within timeout is restart the cycle and start wait for new good condition to place new entry limit or market order again.

Settings for short and long

1. ATR settings, ATR range

2. Stoch settings, Stoch range

3. Bollinger Bands settings, candle close (upper or lower shadow) lower or higher than Lower, Upper, Middle &&

4. Take profit & stop loss in points for longs and shorts.

5. Timeout for longs and shorts. Time to calcel limit entry order in seconds.

6. Entry order distance for longs and shorts if limit order

7. Entry limit or market

8. Lot size

Example.

Settings for short:

ATR settings period 14, good range is 50-100

Stoch 5,3,3, good range is 80-100

BB 20,0,2 canlde close must be higher than Upper BB.

Timeout 300 sec

Take 500 points, Stop Loss 1000

Entry order distance 50 points

Entry limit

Lot size 0.01

Settings for long:

ATR settings period 14, good range is 0-50

Stoch 5,3,3, good range is 0-20

BB 20,0,2 canlde close must be lower than Middle BB & higher than Lower BB.

Take 500 points, Stop Loss 1000

Entry order distance 50 points

Entry market

Lot size 0.01