Developing a simple M1 scalping bot

[kay 3]

Hi there,

I would like to design a simple scalping robot for the M1 graph.

It should start trading on the following conditions:

1. The indicator used for entering the market is the Bollinger Band. I would like the bot to start trading when the price is 30 points above or below one of the outer lines. So hereby i mean a SELL when the price hits 30 points above the upper band and a BUY when the price hits 30 points below the lower band.

2. There should be a lot of volatility, whereby the price in the last 10 M1 bars should bounce more than 40 points PER BAR in at least 6 bars (out of the last 10).

3. There should be an automatic take profit after 25 points.

Could anyone guide me through the desired steps to develop this simple trading bot @ fxDreema?

Thanks in advance!

Best regards,

Kay

[l'andorrà]

Hi Kay, I will be hapy to helpyou. But first things first. Do you have any project to begin with?

[kay 3]

Hi l'andorra,

Sounds great! I don't have any project to begin wirh. So have to start from scratch.

Maybe you have an example?

[l'andorrà]

Before doing that I strongly recommend you to read all tutorials and instructions pages first. That will make it easier for youy to understand. Did you do it?