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