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CCI 200EMA | Foreign exchange EA download-MT4/MT5 resources | MT5 EA download-MetaTrader 5 resources

author EAcpu | 3 reads | 0 comments |
This is a system for trading against the trend. Therefore, the countertrend is your friend until the end, and then the end of the trend remains your friend.

I have been manually testing this system for a long time and it has incredibly high accuracy.

I hope that a programmer who is noble and willing to share can write an EA for this system.

This system has been tested and developed for EURUSD M1

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Buy entry rules:
(1) Price < 200EMA - x points - (spread * 2)
The x points are user input (based on manual testing, the minimum default value for x is 50, but better deals are greater than 80 to 100)
(2) CCI induk displays green cross

Buy take profit rules:
(1) Once the order is opened, the target price is immediately set to 200EMA - y points - spread
The y point is the user input (based on manual testing, the minimum default value for y is 15)
OR
(2) CCI induk shows red cross and all orders have profit

If the TP is not reached and the price falls further and the rules for a second buy entry occur, enter another buy using the same TP rules.
Therefore, the target price will be adjusted at the close of each candle because the 200EMA is recalculated for each closing candle.

Multiple buy positions can be opened this way (from manual experience, I've never encountered more than 3).

If the 200EMA moves downward, causing one of the open positions to become a loss, the price target for that position will become a stop loss. In other words, we may have a situation where there are 3 positions, 2 of which are profitable and 1 of which is losing TP. In the worst case scenario, all three positions could be closed at stop loss, which overall is a loser (from manual experience, I've never encountered this).

Sell ​​entry rules:
Completely opposite to the buying entry point

Results for this week on a $130 real account using 0.01 lots per trade:

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Initially, one might think this is similar to a martingale type system, but this is not the case as all orders can be closed with a stop loss. Additionally, there are no grid proposals and no multipliers. The reason it works is the 200EMA. When price moves away from the 200 EMA, it stands to reason that it must return to the EMA or the EMA must catch up with the price since the EMA is the average price.

The following are the goods:
appendix
[ZIP] CCI 200EMA.zip 59 KB | 2,054 downloads

Comments welcome. Good luck my friend.

EDIT: Chaos Induk does nothing, just a visual effect of manual trading.
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