EA BB RSI & Stochastic combined

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EA BB RSI & Stochastic combined

Postby Trader2708 » Wed Mar 27, 2024 6:08 am

Hey Folks, i am looking for an EA for mt4: 3 indicators are used
1) Bollinger Bands (BB)
2) RSI
3) Stochastic

Allow user to input the indicators’ variable parameters via input table
Set 2 levels namely High level and Low level for use to input in RSI and stochastic indicators

Bollinger Bands
Period: 20
Deviation: 2
Apply to: Close

RSI
Period: 14
High level: 80
Low level: 20

Stochastic indicator
%K period: 5
%D period: 3
Slowing: 3
Price field: High/Low
MA Method: simple
High level: 80
Low level: 20

Buy condition:
Buy signal will be generated
1) once BB lower line is touched. 2) RSI crosses the 30 line upwards. 3) Stoch K and D Period crosses below the Low Level line and both crosses then low level line.

Sell condition:
Sell signal will be generated
1) once BB upper line is touched. 2) RSI crosses the 70 line downwards. 3) Stoch K and D Period crosses above the High Level line and both crosses then high level line.

TP:
Close the order once the trades touches the BB middle line.

Hope you could understand this and create this kind of EA. Thanks
Trader2708
 
Posts: 1
Joined: Tue Mar 26, 2024 6:07 am

Re: EA BB RSI & Stochastic combined

Postby Apprentice » Wed Mar 27, 2024 9:55 am

We have added your request to the development list.
Development reference 254
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36495
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


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