FT CCI MA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

Author of the idea - Vasily

mq5 code author - Bara Bashkakon

The EA uses iCCI (Commodity Channel Index, CCI) and iMA (Moving Average, MA) indicators.

When the MA shows growth, the iCCI indicator runs: -100 to buy, 200 to sell!

When the MA shows a decline, the iCCI indicator is running: 100 to buy, -200 to sell!

As a result, there are fewer "erroneous" trades during periods of high volatility. EA then tries to capture the remaining movement!

You can include trading time intervals (enable/disable using time intervals using the time interval parameter). The time interval is set from start time to end time . You can define time intervals within a day and transition time intervals within a day. Examples are provided in the interval definition function:

//+------------------------------------------------------------------+
//|Time control |
//+------------------------------------------------------------------+
Boolean time control ( blank )
  {
Mql date time current time;
datetimecurrenttime = timecurrent ();
if (time_current == D'1970.01.01 00:00' )
return ( false );
Build time (time_current,STimeCurrent);
if (Inp start time  //Intraday time interval { /*
Example:
Input uchar InpStartHour = 5; // Start time input uchar InpEndHour = 10; // End time 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
_ _ _ _ _ + + + + + _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ + + + + + _ _ _ _ _ _
*/ If (STimeCurrent.hour>=InpStartHour && STimeCurrent.hour return( true );
    }
Else if (Inp start time>Inp end time) // Conversion time interval in a day { /*
Example:
Input uchar InpStartHour = 10; // Start time input uchar InpEndHour = 5; // End time 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
_ _ _ _ _ _ _ _ _ _ + + + + + + + + + + + + + + + + + + + _ _ _ _ _ + + + + + +
*/ If (STimeCurrent.hour>=InpStartHour || STimeCurrent.hour return( true );
    }
Others return ( wrong ); //--- return ( wrong );
  } 

Attachment download

📎 ft_cci_ma.mq5 (45.05 KB)

Source: MQL5 #23061