Author of the Idea: Yuri
MQ5 Code Author: barabashkakvn
The FT_CCI EA operates by opening and closing positions strictly when a new bar forms. It’s a straightforward system that does not incorporate stop losses or take profits, nor does it trail positions.
To open a BUY position, the CCI indicator must exceed the CCI up level. Conversely, for a SELL position, the CCI indicator needs to drop below the CCI down level.
Here’s a quick look at some sample tests conducted on the M15 timeframe:
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