DESCRIPTION OF EXISTING INDICATOR (BOLLINGER BAND BICOLOR)
UPPER BAND Color 1 = red (if level decrease) Color 2= green (if level increase)
LOWER BAND Color 3 = red (if level decrease) Color 4 = green (if level increase)
NEED EA ROBOT BASE ON THE FOLLOWING REQUIREMENT
PARAMETER OPEN BUY
1. Current price higher than open price 2. price cross above center line 3. Upper band = green ,, 4. Lower band = red
To initiate open position ALL parameters must fulfill
PARAMETER CLOSE BUY
1. Current price lower than open price 2. Lower band = green 3. closed by Stop Lose = adjustable 4. Cross BELOW center line
To initiate close position only need EITHER ONE parameters met
PARAMETER OPEN SELL
1. Current price lower than open price 2. price cross below center line 3. Lower band = red 4. Upper band = green ,,
To initiate open position ALL parameters must fulfill
PARAMETER CLOSE SELL
1. Current price higher than open price 2. Upper band = red 3. closed by Stop lose = adjustable 4. cross ABOVE center line
To initiate close position only need EITHER ONE parameters met
FEATURE NEED Multi time frame, special for M1-M15 Multi pair, special for XAUUSD Trailing stop = adjustable Take profit = adjustable Stop loss = adjustable MT4 platform if possible it has time and period setting Support 2 and 3 digit pair Maximum single open position for each chart
EA works base on existing Indicator (Bollinger band bicolor)