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Old 04-21-2007, 08:43 AM
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Join Date: Apr 2006
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ejoi is on a distinguished road
CCI-Trailing EA

Here is a CCI-Trailing EA for free with source which I hav in mind with just basic logic using just CCI as the main indicator. Basically, it uses the CCI indicator with period 50 in multitimeframe of 5min, 15min, 30min and H1 timeframe.

Buy logic- When 5min & 15min & 30min & H1 timeframe CCI is above 0 it will place a buy order.

Sell logic- When 5min & 15min & 30min & H1 timeframe CCI is below 0 it will place a sell order.

Once an order is place, it just use the trailing stop to trail and secure profit.
It is good for test in currency pairs which are always trending in 5min chart. Tested in EURUSD in backtest.
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File Type: gif StrategyTester.gif (5.7 KB, 267 views)
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File Type: htm StrategyTester.htm (215.8 KB, 123 views)
File Type: zip CCI-Trailer.zip (24.7 KB, 193 views)
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Old 04-21-2007, 11:05 AM
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Location: New Zealand
Posts: 249
Craig is on a distinguished road
500 pip stop loss!!
ZZZZZZZZZZZZZ
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Old 04-21-2007, 12:23 PM
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Join Date: Feb 2007
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janka is on a distinguished road
Quote:
Originally Posted by ejoi
Here is a CCI-Trailing EA for free with source which I hav in mind with just basic logic using just CCI as the main indicator. Basically, it uses the CCI indicator with period 50 in multitimeframe of 5min, 15min, 30min and H1 timeframe.

Buy logic- When 5min & 15min & 30min & H1 timeframe CCI is above 0 it will place a buy order.

Sell logic- When 5min & 15min & 30min & H1 timeframe CCI is below 0 it will place a sell order.

Once an order is place, it just use the trailing stop to trail and secure profit.
It is good for test in currency pairs which are always trending in 5min chart. Tested in EURUSD in backtest.

Thank u, can by helpfull. Lot of pip to u for it!

J
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