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BBand Squeeze EA

5 replies

amnart bunjaridh

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6 years ago #201460

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)
Long
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.

Short
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

Also:
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.

 

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tomas262

Administrator, sq-ultimate, 2 replies.

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6 years ago #201482

Hello,

ok, I will try to complete this in EA Wizard. If you have anything done already please attach ZIPped file

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amnart bunjaridh

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6 years ago #201490

Hi Tomas,

I have no idea how to start. Because this software is still new for me. I’m  still learning on this.

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amnart bunjaridh

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6 years ago #201491

Hi Tomas,

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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amnart bunjaridh

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6 years ago #201692

hi Tomas,

any  update on this

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tomas262

Administrator, sq-ultimate, 2 replies.

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6 years ago #201708

Hello,

find the example attached

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