Idea by: Scriptor
Code mq5 by: barabashkakvn
This EA is designed for hedge accounts ONLY!
Extreme EA leverages a combination of indicators: the iCCI (Commodity Channel Index) and two Moving Averages (MA). You can customize the timeframe for CCI independent of the Moving Averages. For optimal performance, we recommend setting the EA to work on the following timeframes: CCI: timeframe and MA Fast and Slow: timeframe.
Configuration for the CCI indicator includes:
- CCI Up Level - this is the upper threshold (set as an integer)
- CCI Down Level - this is the lower threshold (set as an integer)
- CCI Current Bar - the specific bar number from which CCI readings will be taken
Trade Signals for Opening Positions
- To open a BUY position: MA Slow #1 > MA Slow #2 && MA Fast #0 > MA Fast #1 && (int)CCI #CCI Current Bar < CCI Down Level
- To open a SELL position: MA Slow #1 < MA Slow #2 && MA Fast #0 < MA Fast #1 && (int)CCI #CCI Current Bar > CCI Up Level
Signals for Closing Positions
- To close a BUY position: MA Slow #1 <= MA Slow #2
- To close a SELL position: MA Slow #1 >= MA Slow #2
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