Mastering RabbitM2: Your Go-To EA for MetaTrader 5

Meet the Minds Behind RabbitM2: The brains behind this innovative trading strategy are Peter and the coding wizard barabashkakvn.

RabbitM2 takes a smart approach to trend detection using two Moving Averages (MA)—one fast and one slow. This EA generates preliminary buying and selling signals based on these MAs:

If the fast MA is less than the slow MA:

//--- Buying AND Selling 
   if(ema_fast<ema_slow)
     {
...
      sell=true;
      buy=false;
     }

This means it's time to open a SELL position.

If the fast MA is greater than the slow MA:

   if(ema_fast>ema_slow)
     {
...
      sell=false;
      buy=true;
     }

In this case, it’s a signal to open a BUY position.

To confirm these signals, RabbitM2 uses the Williams Percent Range (WPR) indicator on the zero or first bar, along with the Commodity Channel Index (CCI) to compare values against the designated CCI sell level or CCI buy level.

Each profitable trade is checked to see if its profit exceeds the threshold defined as Positive profit in the deposit currency. If it does, the next trade opens with increased volume as specified by the Volume step.

Here are the backtesting results for EURUSD: