Mastering Basic CCI and RSI Trading Strategies for MetaTrader 5

Mike 2018.10.26 00:55 21 0 0
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Idea Contributor: Inovance

MQL5 Code Author: barabashkakvn

This Expert Advisor (EA) is designed to scan for trading signals whenever a new bar forms:

  • Buy Signal:
    • RSI > RSI Level Up
    • CCI > CCI Level Up
  • Sell Signal:
    • RSI < RSI Level Down
    • CCI < CCI Level Down

When both indicators (RSI and CCI) confirm a signal, the EA will trigger a trade with the specified Lots volume. Additionally, you have the option to disable Stop Loss, Take Profit, and Trailing Stop by setting these parameters to "0.0".

For those trading EURUSD on the M15 timeframe, here's a sneak peek at the test results (optimization was conducted from May 2018 to August 2018, as illustrated in the figure below):

Basic CCI RSI

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