Extreme EA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Idea comes from: screenwriter

Code mq5: Barabashkakon

EA only works on hedging accounts!

The EA uses the following indicators: iCCI (Commodity Channel Index, CCI) and two iMAs (Moving Averages, MA). In addition to moving averages, it is also possible to set a time frame for CCI. It is recommended to run the EA within the time frame CCI: Timeframe or MA Fast & Slow: time frame.

For the CCI indicator, additional parameters should be set:

• CCI Parent - Upper level (set to an integer)
• CCI downward adjustment level - lower level (set to an integer)
• CCI Current Column - The bar number from which the CCI reading is taken.

Open trading signals

• Establish a buy position: Slow Horse #1 > Slow Horse #2 && Fast Horse #0 > Fast Horse #1 && (integer) CCI # CCI Current Column < CCI Downward Level
• Open a selling position: Slow horse #1 < Slow horse #2 && Fast horse #0 < Fast horse #1 && (integer) CCI # CCI current column > CCI superior

Close signal

• Close the position and buy: slow horse #1 <= slow horse #2
• Close the position and sell: Slow Horse #1 >= Slow Horse #2

Attachment download

📎 extreme_ea.mq5 (35.23 KB)

Source: MQL5 #22703