CCI and Martin - MetaTrader 5 Expert | Martin EA Download - MT4/MT5 Resources

Author of the idea : Vladimir

MQL5 code author : Balabashka Kong

The EA uses iCCI (Commodity Channel Index, CCI) indicator values ​​on the last four bars and open/close prices on the last three bars. If the remaining time before closing the current bar is less than 20 seconds (this is a very rare solution) and the EA does not open a position, then check the opening signal.

 // - - buy if (CCI[ 1 ] < 5 && cci[ 2 ]  3 ] && cci[ 1 ]  2 ] && cci[ 0 ]>CCI[ 1 ] && 
open [ 2 ]> close [ 2 ] && open [ 1 ]> close [ 1 ] && open [ 0 ]< close [ 0 ] && open [ 1 ]< close [ 0 ]) // - - sell if (CCI[ 1 ]>- 5 && cci[ 2 ]>CCI[ 3 ] && cci[ 1 ]>CCI[ 2 ] && cci[ 0 ]  1 ] && 
open [ 2 ] < close [ 2 ] && open [ 1 ] < close [ 1 ] && open [ 0 ] > close [ 0 ] && open [ 1 ] > close [ 0 ])

Where:

Can be specified in one of the following ways:

Let's consider the last two ways of setting positions in more detail:

This method is only applied if there are losing positions in the trading history. Main settings:

This method works for a range of losing or profitable positions. Main settings:

When using martingale, the Stop Loss , Take Profit , Trailing Stop and Trailing Step parameters should be chosen carefully in addition to the martingale settings.

Default parameters, M15, initial deposit 10 000 USD, tets on all symbols:

Attachment download

📎 cci_and_martin.mq5 (57.56 KB)

Source: MQL5 #21511