Genious MACD CCI-Strategy

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Hi, 

in just found this strategy:

https://www.mql5.com/en/blogs/post/712016

Does anyone know as if there is allready a ea for mt4 for this, which gives automated signals`?


Thanks!!


LISA

CCI and MACD Strategy
CCI and MACD Strategy
  • 2017.11.13
  • Dragan Drenjanin
  • www.mql5.com
This simple strategy is based on rather strong signals of entry and exit points from the market. Two oscillators: CCI and MACD in one window are used in this strategy. The best results are achieved with the use of timeframes from M1 to H1. Settings of the indicators: MACD:  Fast EMA - 12, slow EMA - 26, MACD SMA – 2, applied to the closing...
 
Powderhase:

Hi, 

in just found this strategy:

https://www.mql5.com/en/blogs/post/712016

Does anyone know as if there is allready a ea for mt4 for this, which gives automated signals`?


Thanks!!


LISA


I don't know the indicator,

But attached is my coding for your strategy, it works best in 1 hour time frame.

Test it and Let me know how you find it...

Files:
MACD-CCI.ex4  97 kb
 
Husain Dana:


I don't know the indicator,

But attached is my coding for your strategy, it works best in 1 hour time frame.

Test it and Let me know how you find it...

Where will the stop loss be if i might ask?

 
HousseXZ:

Where will the stop loss be if i might ask?

Well in an 1H chart,

I like using 70p T/P and 30p S/l,

then change the s/l to breakeven after the first 30p profit.

You need to setup the tp and sl in the EA properties window

 
Husain Dana:

Well in an 1H chart,

I like using 70p T/P and 30p S/l,

then change the s/l to breakeven after the first 30p profit.

You need to setup the tp and sl in the EA properties window

Thank you

Did you try to make the SL / TP function according to the the opposite MACD and CCI signal 

I read through the strategy and couldn't find any reference of why we should depend on xx number of pips for stop loss and take profit.

 
HousseXZ:

Thank you

Did you try to make the SL / TP function according to the the opposite MACD and CCI signal 

I read through the strategy and couldn't find any reference of why we should depend on xx number of pips for stop loss and take profit.


Yes the EA closes the open trade if an opposite signal triggered.


note:

If you change the "hedge" function in the properties to "true" this function will stop the auto close on any new opposite signal,

So you better follow the default.

I recommend you run the EA in a 5 minutes chart in a demo chart to better understand the mechanism of the trades.

 
Powderhase:

Hi, 

in just found this strategy:

https://www.mql5.com/en/blogs/post/712016

Does anyone know as if there is allready a ea for mt4 for this, which gives automated signals`?


Thanks!!


LISA

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