EA based on BB that uses martingale system

MQL4 Uzman Danışmanlar

İş Gereklilikleri

ea. which uses Bollinger Bands to enter a trade. It has 3 different entry strategies.
Break Out: If the last bar closes above the upper band it enters a Sell Order. If the close of the last bar is below the lower band a Buy Order is generated.
Break In: If the last bar crosses the upper band from above it enters a Sell Order. If the last bar crosses the lower band from below a Buy Order is generated
Time:  opens with start of a candle on a specific time with buy or sell

Parameters for the Bollinger Bands EA

Timeframe = The timeframe on which the EA should work regardless of what timeframe your chart is set to.
Averaging Period = Averaging period to calculate the main line (default is 20)
Standard Deviation = Deviation from the main line (default is 2)
Bands Shift = The indicator shift relative to the chart (default is 0)


The exit strategy is martingale system with pending orders which has

Start lot size

Take profit = Martingale pip step if reached in the opposite direction

Stop loss = Max number of orders

Multiplier

Martingale pip step

Trailing stop with pips

start trading at - specific time < for break out and in

stop trading at - specific time < for break out and in

It must have an option to trade on the same bar for break in and on the next bar

it must a reverse strategy for break in and out

max spread to open trades

it must not open more than ONE process at a time for example:

the process is the number of orders needed for take profit or is forced to close buy stop loss

1 st scenario the break out is active and the take profit is 50 pip , the candle closed above the bb line > sell order is triggered the next candle yet it didn’t reach the take profit and this candle also closed above the line > no other trade shall open in this situation.

2 nd  scenario the break out is active and the take profit is 50 pip , the candle closed above the bb line > sell order is triggered the next candle let’s say with a 0.01 lot size but the candle went up buy 50 pips so the martingale is activated and a buy pending order with 0.02 if the multiplier is set to 2 was triggered yet all the candles close above the line > no other trade with 0.01 lot size shall open with the next candle in this situation.

I want to have mt4 ea with source code.

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