Hi all
Im looking for people capable of doing some easy coding for an EA that i have had in mind for a while, problem is that i have no knowledge whats so ever when it comes to coding an EA.
The rules are as following.
Indicators:
"Bollinger band" -> set to period "20", Shift "0", Diviation "2.5".
Timeframe.
I would like to have it able to run on 15min and 1hour chart (guess 2 separate EAs will be the easiest solution but what do i know
)
Order rules:
Open a sell order whenever price hits the upper bollinger band (a touch is enough, same for buy orders). (for a buy order, price have to touch the lowest band)
Take half of the position in profit when the price hits the 20period moving average of the bollinger band.
For the second, half open position, a trailing stop will be applied. 15 pips for the 15min chart EA and 23 pips for the 1hour EA.
Stoploss will be set at 15pp above or below the opening of the trade.
Stops will not be able to change unless either hit, or price moves to 20 period moving average.
Money managment:
Here im looking to experiment (would like to have it explained to me how to change) so i would start with 5% of account balance (if not possible, lets say 0.25 standard lots).
thats the basic idea, hope someone with the skills and a bit of spare time will be interested in helping
cheers all!
Mike
Im looking for people capable of doing some easy coding for an EA that i have had in mind for a while, problem is that i have no knowledge whats so ever when it comes to coding an EA.
The rules are as following.
Indicators:
"Bollinger band" -> set to period "20", Shift "0", Diviation "2.5".
Timeframe.
I would like to have it able to run on 15min and 1hour chart (guess 2 separate EAs will be the easiest solution but what do i know
)Order rules:
Open a sell order whenever price hits the upper bollinger band (a touch is enough, same for buy orders). (for a buy order, price have to touch the lowest band)
Take half of the position in profit when the price hits the 20period moving average of the bollinger band.
For the second, half open position, a trailing stop will be applied. 15 pips for the 15min chart EA and 23 pips for the 1hour EA.
Stoploss will be set at 15pp above or below the opening of the trade.
Stops will not be able to change unless either hit, or price moves to 20 period moving average.
Money managment:
Here im looking to experiment (would like to have it explained to me how to change) so i would start with 5% of account balance (if not possible, lets say 0.25 standard lots).
thats the basic idea, hope someone with the skills and a bit of spare time will be interested in helping
cheers all!
Mike
