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3cci ea
Hi All,
I thought it was about time I added to a FOREX forum! I am new to Forex - a friend gave me the bug around middle of August. After losing a bit of real money using an online platform I discovered MT4 and EA's, so decided this is the way to go!
Since I am not a programmer, I created this EA with EA Builder but later worked out how to add some adjustable external variables to the code.
3CCI as the name implies works on 3 different CCI periods.
It works best on EURUSD Daily chart. You may find settings for other pairs and shorter time frames. I have only started forward testing beginning of this week and account is up nearly $1000 trading 1 lot size.
CCI 125 is the slow trend filter. This is designed to keep you trading with the trend. The best way in my short experience!
CC25 is the medium trend and is also used to auto exit trades when it crosses 0
CCI5 is designed to help you enter at the best time and stay out of retracements. All three variables are adjustable.
I have attached the performance over the last 12 months. This is set using auto exit, No TP and no SL. Just a trailing stop of 100.
I would like further ideas for the EA and if someone like Mas who did My_OzFx could work some money management magic. I'm thinking like a TP1, TP2 and TP3. You could set the first two say 25, 150 and let the last one run.
Cheers,
Matt
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