I have come out below strategy but don’t know how to start the EA. may needed help.
<span style=”text-decoration: underline;”>BBand Squeeze strategy</span>
Here is a profitable 5 min system I have come up with:
Trade EUR/USD 5 minute chart.
Indicators used: Upper Bollinger Band (period 14, 2 standard deviations, low price), Lower Bollinger Band (period 14, 2 standard deviations, high price), DeMarker (period 14), ADX (period 14, typical price), ATR (4 hour chart, period 100), EMA (period 14, typical price)
Open long when price is within 5 pips of upper band, demarker is greater than .7 or less than .3, and ADX is at least 40.
Open short when price is within 5 pips of lower band, demarker is greater than .7 or less than .3, and ADX is at least 40.
60 pip take profit, stop loss is 30
Close long when we are profitable and the price drops below the EMA.
Close short when we are profitable and the price goes above the EMA.
please refer attached file for the EA that i’m writing but not in EA Wizard. I don’t how to convert it to EA wizard. I hope you can help on this. thanks in advance.
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