Understanding the CCI_MA EA
If you're looking to enhance your trading strategy, the CCI_MA EA might just be the tool you need. This expert advisor utilizes the CCI (Commodity Channel Index) and MA (Moving Average) indicators to help you make informed trading decisions.
How It Works
The trading algorithm behind this EA is straightforward:
- Buy Signal: When the CCI line crosses above the MA, it signals a buy opportunity.
- Sell Signal: When the CCI line crosses below the MA, it’s time to sell.
- Trade Closure: Close your BUY trade when the CCI crosses down through 100, and close your SELL trade when it crosses up through 100.
Keep in mind, only one trade can be open at a time to minimize risk and maintain control.
Backtesting Results
This EA has been backtested on the EUR/USD pair dating back to 2001. Here are the optimal settings for the H1 timeframe:
- CCI Period: 31
- MA Period: 99
- CCI Close Period: 35
- Take Profit: 180 pips
- Stop Loss: 420 pips
The detailed report is attached for your review.
Let’s Collaborate!
I believe the underlying algorithm shows promise, but there’s always room for improvement. I’m keen to hear your thoughts and any issues you've noticed while using the EA. Let’s work together to optimize its performance across different symbols and timeframes. Share your ideas and feedback; together, we can make this tool even better!
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