CCI Trader EA v4.9 The revised and new version that will bring you high profits
Overview
This EA trades using the CCI Indicator. It offers many trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode.
Easy to use and supervise
It implements three different entry strategies
Customizable break-even, SL, TP and trailing-stop
Works for ECN/Non-ECN brokers
Works for 2-3-4-5 digit symbols
Trading can be NFA/FIFO Compliant
Implements a martingale and inverse martingale features
Customizable indicator settings
Filter trading by forex sessions
Built-in money management
The EA operates as per the CCI indicator:
Buy when CCI crosses over 100
Sell when CCI crosses below -100
Close longs when CCI reaches 200 (optional)
Close shorts when CCI reaches -200 (optional)
Close trades when CCI reverts to zero (optional)
Four different trading behaviors are available in the EA inputs:
Regular: The EA will buy at bullish signals and sell at bearish signals
Inverse: The EA will sell at bullish signals and buy at bearish signals
Only Buy: The EA will buy at bullish signals and disregard bearish signals
Only Sell: The EA will sell at bearish signals and disregard bullish signals
Additionally, it implements four different money management modes:
Trade manual lotsize: The EA will trade a fixed lotsize on each trade
Auto-calculation of lotsizes: The EA will risk % of the account on each trade
Martingale: The EA will double the lotsize after a losing trade
Inverse Martingale: The EA will double the lotsize after a winning trade
Overview
Input parameters
When loading the expert to any chart, you will be presented with a set of options as input parameters. Don’t despair if you think they are too many, because parameters are grouped into self-explanatory blocks.
Indicator Settings
Enter your desired CCI input parameters, as well as entry and exit levels.
Position Management
This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, break-even behavior, trailing-stop in pips, trailing-step in pips, stop-loss in pip and take-profit in pips.
Trading Settings
Select trading direction: regular, inverse, only long or only short.
Session Settings
Enable or disable trading for the Asian, European or American sessions, as well as trading week days.
Money Management
In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended. You can also enable NFA/FIFO compliant trading
EA Settings
You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing
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