Need an automated strategy that:
•Creates entries based on Bollinger Bands Indicator, Stochastic Oscillator, MACD
•Exits based on SMA or Take Profit/Stop Loss Hit.
•Lot size is determined by formula
Algorithm Logic:
•Buy when:
a) Spot price is below or equal to bottom Bollinger Band and
b) Stochastic Oscillator's main line drops below "X" (SO Entry Level)
•Sell when:
a) Spot price is above or equal to top Bollinger Band and
b) Stochastic Oscillator's main line rises above "X" (SO Entry Level)
•Filter out (do not enter a trade) when MACD is over or under a specific level.
•Exit when the Spot price
a) Crosses (above or below) Simple MA, or
b) Stop Loss (can be Trailing Stop) or Take Profit Hit
Lot Size Formula:
Lots = [ (Account Balance ) * (% of balance Risked) / (Pips Risked) ] / [Amount of $ per Pip]
Example:
Account Balance = 10000$
% of balance Risked = 3%
Pips risked= 30
Amount of $ per Pip = $10
# of Lots = [( $10.000*0.03)/30]/$10
= (300$ / 30)/$10
= 10$ / 10 $ = 1
Other Requirements:
Works on all currency pairs and timeframes
Has an expiration time (bypassed with a code) and/or
Is customized to work only with a specific account number
Compensation
$200.00
Contact [email protected]
•Creates entries based on Bollinger Bands Indicator, Stochastic Oscillator, MACD
•Exits based on SMA or Take Profit/Stop Loss Hit.
•Lot size is determined by formula
Algorithm Logic:
•Buy when:
a) Spot price is below or equal to bottom Bollinger Band and
b) Stochastic Oscillator's main line drops below "X" (SO Entry Level)
•Sell when:
a) Spot price is above or equal to top Bollinger Band and
b) Stochastic Oscillator's main line rises above "X" (SO Entry Level)
•Filter out (do not enter a trade) when MACD is over or under a specific level.
•Exit when the Spot price
a) Crosses (above or below) Simple MA, or
b) Stop Loss (can be Trailing Stop) or Take Profit Hit
Lot Size Formula:
Lots = [ (Account Balance ) * (% of balance Risked) / (Pips Risked) ] / [Amount of $ per Pip]
Example:
Account Balance = 10000$
% of balance Risked = 3%
Pips risked= 30
Amount of $ per Pip = $10
# of Lots = [( $10.000*0.03)/30]/$10
= (300$ / 30)/$10
= 10$ / 10 $ = 1
Other Requirements:
Works on all currency pairs and timeframes
Has an expiration time (bypassed with a code) and/or
Is customized to work only with a specific account number
Compensation
$200.00
Contact [email protected]
cTrader & cAlgo - The New Standards in FX Trading