Thanks for your help.
I requests you to have a try to develop an EA based on following strategy. This strategy was from FX keys and written by Kamel and Chris. This is a very good strategy and I was successful following their idea of double bolinger strategy. If you can develop an EA out of this, It will very useful to me as well as many other forex traders.
The strategy is as follows:
Add 2 sets of bolinger indicators with period 20, deviations 2 and shift 0.
1.Wait for one of the candlesticks to close above the BB1 upper band. Then check the previous two candlesticks to see whether their close prices are below the BB1 upper band or not. If so, you have a long trade setup. candlestick If candlestick #C is closed above BB1 upper band, and at the same time the two previous candlesticks (#A and #B) are closed right below BB1 upper band. We should buy at the close price of Candle #C and can set up a stop loss at the low priceof candle #c and target can be twice the stoploss.
2. To go short (to sell), you have to wait for one of the candlesticks to close below the BB1 lower band. Then you should check the previous two candlesticks to see whether their close prices are above the BB1 lower band or not. If so, you have a short trade setup (sell signal), and you can go short (sell) at close of the candlestick which has broken below the BB1 lower band.
Candlestick #C on the below chart has closed below BB1 lower band while candlesticks #A and #B have closed above it. This is a short trade setup. Like long trade setups, stop loss has to be set at the high price of candlestick #C, and target can be at least twice of the stop loss size (2 x SL).
Time Frame: Daily