CCI Expert Advisor

$15.00

System: Metatrader 4ย Need default Metatrader indicator: CCIย Timeframe:ย H1ย Currency pair:ย EURUSDย Limits by accounts:ย Noย  ย  Broker account:ย anyย Type of trading:ย Middle-termย automated tradingOptimization and forward period:ย 2015-2017Neural network:ย lightNumber of signals using in trading:ย 6 Moneymanagement:ย yesUsing with other EAs:ย yesBroker account:ย anyMax. spreads allowed:ย 2.1 (21)TakeProfit and StopLoss:ย automatic.Size of TakeProfit or StopLoss:ย from 30 till 200 pips depending on signals from robotTime of trading:ย adjustableLots:ย 0,01 โ€“ 100VPS or Laptop:ย need 24/5 […]

Description

System: Metatrader 4ย 
Need default Metatrader indicator: CCIย 
Timeframe:ย H1ย 
Currency pair:ย EURUSDย 
Limits by accounts:ย Noย 

ย 

Broker account:ย anyย 
Type of trading:ย Middle-termย automated trading
Optimization and forward period:ย 2015-2017
Neural network:ย light
Number of signals using in trading:ย 6

Moneymanagement:ย yes
Using with other EAs:ย yes
Broker account:ย any
Max. spreads allowed:ย 2.1 (21)
TakeProfit and StopLoss:ย automatic.
Size of TakeProfit or StopLoss:ย from 30 till 200 pips depending on signals from robot
Time of trading:ย adjustable
Lots:ย 0,01 โ€“ 100
VPS or Laptop:ย need 24/5 online

The CCI, or Commodity Channel Index, was developed by Donald Lambert, a technical analyst who originally published the indicator in Commodities magazine (now Futures) in 1980.
The CCI compares the current price to an average price over a period of time. The indicator fluctuates above or below zero, moving into positive or negative territory. While most values, approximately 75%, will fall between -100 and +100, about 25% of the values will fall outside this range, indicating a lot of weakness or strength in the price movement.
When the CCI is above +100, the price is well above the average price as measured by the indicator. When the indicator is below -100, the price is well below the average price.
A basic CCI strategy is to watch for the CCI to move above +100 to generate buy signals and move below -100 to generate sell or short trade signals. Investors may only wish to take the buy signals, exit when the sell signals occurs and then re-invest when the buy signal occurs again.