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CCI OverBought OverSold EA MT5

CCI OverBought OverSold EA MT5

Overview:

The CCI OverBought OverSold EA for MT5 automates trading activities based on the Commodity Channel Index (CCI) indicator's overbought and oversold conditions. It allows seamless execution of buy and sell trades upon CCI entry or exit into these predefined zones. Additionally, it offers the flexibility to reverse trade setups within these regions.

You can find the MT4 version here

For detailed documentation Overall Settings/Input Guide | Backtests & Set files

High Level Overview of Features

Category Setting Description
GENERAL SETTINGS Lot Size Initial volume for the first trade; subsequent features don't alter it.
Stoploss in Pips Initial stop loss; adjustable by EA features.
Take Profit in Pips Initial take profit; modifiable by EA features.
Trade Comment Specifies trade comments for source identification.
Capture Logs Enables troubleshooting logs.
Enable Magic Number Controls EA behaviour based on a unique identifier.
Magic Number Unique EA identifier for conditional checks.
Trade On New Bar Places trades at the start of the candle.
No New Entry If Trade Exists Determines new entry conditions with or without an active trade.
Number Of Orders Controls executed trades upon entry signals.
Trade Direction Specifies buy, sell, or both signals.
Risk Reward Ratio Sets take profit based on stop loss and a specified ratio.
Next Open Trade After X Seconds Introduces a time gap between multiple entry signals.
Check for Opposite Close Closes previous trend signal before placing a new one.
Delete Pending Order at Distance Auto-removes pending orders at a specified distance.
Delete Pending Order After X Seconds Auto-deletes untriggered pending orders.
Delete Pending Order After N Bars Auto-removes untriggered pending orders after specified candles.
Profit Amount Closes trade at a set profit amount or set take profit.
Loss Amount Closes trade at a set loss amount or set stop loss.
Profit Percent Closes trade at a set percent profit of account equity or set take profit.
Loss Percent Closes trade at a set percent loss of account equity or set stop loss.
Close After N Candle Closes trade after a specified number of candles from opening.
BREAKEVEN SETTINGS Enable Breakeven Boolean input to enable (true) or disable (false) breakeven functionality.
Breakeven Activation Numeric input setting the distance in pips from entry for breakeven activation.
Breakeven Extra Pips Numeric input defining extra pips beyond activation for setting stop-loss, covering costs and slippage.
TRAILING STOP SETTINGS Use Trailing Stop Boolean input to enable (true) or disable (false) trailing stop functionality.
Activate Numeric input setting distance in pips from entry for triggering trailing stop activation.
Trail Price By Numeric input defining trailing stop distance behind the current market price.
Increment By Numeric input specifying the increment by which trailing stop distance increases with favourable market movement.
MARTINGALE SETTINGS Enable/Disable Martingale Boolean input to enable (true) or disable (false) Martingale strategy.
Multiplier Numeric input determining the size multiplier for subsequent trades if Martingale is enabled.
Multiply After N Repeat Integer input setting the number of consecutive losing trades before applying the Martingale multiplier.
Max Step Integer input defining the maximum number of Martingale steps to limit consecutive increasing trade sizes.
Adjust Take Profit Boolean input to adjust (true) or not adjust (false) take profit based on Martingale steps.
GRID SETTINGS Enable/Disable Grid Boolean input to enable (true) or disable (false) GRID strategy.
Step Distance Integer input for the distance in pips between each grid level.
Lot Increase Mode Enumeration input for lot size increase mode: GRID_MULTIPLY or GRID_INCREMENT.
Execution Mode Numeration input for execution mode: GRID_MARKET (market orders) or GRID_PENDING (pending orders).
Increase Factor Numeric input for the factor by which lot size is increased for each new grid level.
Distance Multiplier Numeric input for the multiplier applied to the grid distance for each new grid level.
Increase After N Repeat Integer input for the number of repeats before applying the grid increase factor.
Max Grid Step Integer input for the maximum number of grid steps before resetting to the initial lot size.
Grid Activation Mode Enumeration input for when the grid should be activated: GRID_ON_LOSS or GRID_ON_PROFIT.
SL and TP Mode Enumeration input for stop-loss and take-profit mode: FIXED AMOUNT, EQUITY PERCENT, or COST_AVERAGE.
Grid Fixed Stoploss Sets a fixed stop-loss for combined loss of all trades when SL and TP mode is FIXED AMOUNT.
Grid Fixed Takeprofit Sets a fixed take-profit for combined profit of all trades when SL and TP mode is FIXED AMOUNT.
Grid Equity Pct Stoploss Sets an equity percentage stop-loss for combined loss of all trades when SL and TP mode is EQUITY PERCENT.
Grid Equity Pct Takeprofit Sets an equity percentage take-profit for combined profit of all trades when SL and TP mode is EQUITY PERCENT.
AVERAGE_MODE Enumeration input for averaging orders mode: Sum (Price x Lot)/Sum(Lots) or Sum(Price)/ Sum(Orders).
AVG STOPLOSS Sets stop-loss based on the average price of all trades when SL and TP mode is COST_AVERAGE.
AVG TAKEPROFIT Sets take-profit based on the average price of all trades when SL and TP mode is COST_AVERAGE.
RISK SETTINGS Enable Risk to Lot Boolean input for enabling (true) or disabling (false) Risk to Lot functionality.
Risk Percent Numeric input defining the risk percentage per trade based on the account balance.
Risk Pips Per MicroLot / Stoploss Numeric input determining the risk in pips per micro lot or stop-loss. It aligns with the STOPLOSS pips input for virtual stop-loss calculation.
POSITION SIZING SETTINGS Enable Position Sizing Boolean input for enabling (true) or disabling (false) Position Sizing functionality.
Increase Lot Numeric input defining the additional lot size for each trade when Position Sizing is enabled.
Increase Lot on Account Balance Numeric input specifying the account balance value triggering lot size adjustment. When the balance reaches or exceeds this value, the lot size is adjusted accordingly.
ALERT SETTINGS Allow Alert Boolean input allowing (true) or disallowing (false) the EA to trigger alerts on new entry.
Allow Notification Boolean input enabling (true) or disabling (false) the EA to send notifications (e.g., push notifications on mobile devices) on new entry.
Allow Email Boolean input permitting (true) or restricting (false) the EA to send email notifications on new entry.
TRADE TIME SETTINGS Use Trading Times Boolean input for determining if the EA should follow specified trading times (true) or trade 24/7 (false).
Enable Asian Session Boolean input to enable (true) or disable (false) trading during the Asian session.
Start Time Asian and End Time Asian String inputs specifying the start and end times of the Asian session in broker time.
Enable European Session Boolean input to enable (true) or disable (false) trading during the European session.
Start Time European and End Time European String inputs specifying the start and end times of the European session in broker time.
Enable American Session Boolean input to enable (true) or disable (false) trading during the American session.
Start Time American and End Time American String inputs specifying the start and end times of the American session in broker time.
Enable Other Session Boolean input to enable (true) or disable (false) trading during another specified session.
Start Time and End Time String inputs specifying the start and end times of the specified session in broker time.
TRADING DAY SETTINGS Monday Trade, Tuesday Trade, Wednesday Trade, Thursday Trade, Friday Trade Boolean inputs allowing (true) or disallowing (false) trading on each respective day of the week (Monday through Friday).
Saturday Trade and Sunday Trade Boolean inputs allowing (true) or disallowing (false) trading on Saturday and Sunday, respectively.
SAFEGUARD SETTINGS Slippage Maximum allowed slippage in pips for trade execution.
Maximum Open Trades Maximum number of open trades allowed; set to 0 to disable.
Maximum Long Trades and Maximum Short Trades Maximum number of long and short trades allowed; set to 0 to disable.
Maximum Pending Orders Maximum number of pending orders allowed; set to 0 to disable.
Maximum Long Pending Orders and Maximum Short Pending Orders Maximum number of long and short pending orders allowed; set to 0 to disable.
Max Drawdown Percent Maximum acceptable drawdown as a percentage of the account balance; set to 0 to disable.
Max Drawdown Amount Maximum acceptable drawdown as an absolute amount; set to 0 to disable.
Maximum Trades Per Day Maximum number of trades allowed per day; set to 0 to disable.
Maximum Losing Per Trade Maximum number of losing trades allowed per day; set to 0 to disable.
Daily Stop Maximum acceptable drawdown for a single trading day; closes all positions and halts trading if exceeded.
Daily Target Target profit to achieve within a single trading day; closes all positions and stops trading if reached.
Weekly Stop Maximum acceptable drawdown for a trading week; closes all positions and ceases trading if exceeded.
Weekly Target Target profit to achieve within a trading week; closes all positions and stops trading if reached.
Monthly Stop Maximum acceptable drawdown for a trading month; closes all positions and ceases trading if exceeded.
Monthly Target Target profit to achieve within a trading month; closes all positions and stops trading if reached.
DISPLAY SETTINGS Panel Width Pct Width of the panel as a percentage of the dashboard window.
Panel Height Pct Height of the panel as a percentage of the dashboard window.
Text Size Pct Size of text within the panel as a percentage; influences readability and presentation.
Title Colour Colour of the title text within the panel for visual distinction.
Label Colour Colour of labels or descriptive text within the panel for differentiation.
Value Colour Colour of numerical values or data within the panel for clarity and emphasis.

Usage Recommendations:

Prior to live deployment, comprehensive testing in a demo account is strongly advised. This enables thorough assessment of the EA's performance, ensuring alignment with your trading strategy and risk tolerance levels.


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Special offer 3 day price 280  ̶A̶f̶t̶e̶r̶ ̶8̶ ̶c̶o̶p̶i̶e̶s̶ ̶s̶o̶l̶d̶,̶ ̶t̶h̶e̶ ̶p̶r̶i̶c̶e̶ ̶w̶i̶l̶l̶ ̶b̶e̶ ̶i̶n̶c̶r̶e̶a̶s̶e̶d̶ ̶(̶1̶ ̶l̶e̶f̶t̶)̶.̶ ̶ ̶ ̶ ̶ ̶R̶e̶g̶u̶l̶a̶r̶ ̶P̶r̶i̶c̶e̶:̶ ̶$̶5̶4̶0̶ ̶ ̶ ̶ ̶ ̶D̶i̶s̶c̶o̶u̶n̶t̶e̶d̶ ̶P̶r̶i̶c̶e̶ ̶(̶l̶i̶m̶i̶t̶e̶d̶ ̶t̶i̶m̶e̶ ̶o̶f̶f̶e̶r̶)̶:̶ ̶ $̶3̶8̶0̶ If you have any questions, feel free to send me a private message: https ://www.mql5 .com /en /users /abudabi (send a message) Overview      Trend-following Expert Advisor     It uses artificial i
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Marek Stanislaw Zygala
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IMPORTANT: The price of $349 will go up to $599, then to $699 until it reaches it's final price of $999. Harmony Drive is a sophisticated system operating on a carefully selected basket of the following symbols: USDJPY, CHFJPY, AUDUSD, USDCAD, USDCHF and NZDUSD. These pairs were strategically chosen for their diverse characteristics and market behaviors: Major pairs like USDJPY and USDCHF offer high liquidity and tight spreads, ideal for frequent trading Commodity-linked pairs such as AUDUSD an
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Arseny Potyekhin
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Profalgo Limited
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LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading stra
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Lo Thi Mai Loan
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Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
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Marco Solito
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Dilwyn Tng
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Live Signal:  https://www.mql5.com/en/signals/2233179 Gold Mana   is developed with over a year of intense research and testing. This expert advisor employs multi-timeframe volatility measurements, analyses intentions of market participants and anticipate price movements before they occur with help candlestick patterns, and supply & demand analysis for accurate entries that are highly reactive to market price movements of Gold,   breaking out at critical price levels .  It comes with dif
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The King Advisor is a highly advanced neural network algorithm. Its strategy is based on the identification of support levels, resistance and trend lines through a sophisticated self-learning system and a trading system devised with years of experience and work. Developed by a team of experienced traders. PLEASE NOTE THAT THERE WILL BE A LIMIT OF 200 EXEMPLARS --> Total copies sold updated: 190 New Live Signal: https://www.mql5.com/en/signals/2252376?source=Site+Profile+Seller We have a promotio
GOLD CatBoost Distans MA 3 ST V1   EA works on the Catboost algorithm. The technology described in my articles is used, which you can read below: Experiments with neural networks (Part 1): Revisiting geometry   https://www.mql5.com/en/articles/11077 Experiments with neural networks (Part 2): Smart neural network optimization   https://www.mql5.com/en/articles/11186 Experiments with neural networks (Part 3): Practical application   https://www.mql5.com/en/articles/11949 Experiments with
Perfect Triple MT5
Connor Michael Woodson
5 (7)
Perfect Triple runs on the triangular hedging system, buying and selling 3 different currency pairs at the same time. IMPORTANT! Contact me after purchase for instructions and a bonus! Live signals and other products can be found here: https://www.mql5.com/en/users/cunpa/seller Zero grid, zero martingale Recommended Chart: EURUSD or GBPAUD Timeframe: H1 Inputs Pair Selection- Select which triple pair to use Pair Suffix - Enter the suffix if your broker has one Enable Lots Per Thousand - Ena
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Thi Thu Ha Hoang
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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Marzena Maria Szmit
4.35 (75)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Inrexea Limited
5 (2)
No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
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Product Name: Moving Average Crossover EA MT5 Description: Welcome to the pinnacle of automated trading with the Moving Average Crossover EA for MetaTrader 5. This expert advisor is meticulously designed to harness the power of moving averages, offering traders a versatile solution for capturing trend reversals and potential entry points. With an array of customizable settings and robust features, this EA is set to redefine your trading strategies and amplify your trading experience. Mt4 version
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Close Manager MT5
Biswarup Banerjee
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Version 10.0 2024.09.20
multiple entry logic corrected,
close multiple trade logic corrected
Version 9.0 2024.06.02
lot size correction for martingale profit recovery mode
Version 8.0 2024.05.26
performance improvement
Version 7.0 2024.05.22
martingale logic correction
Version 6.0 2024.05.20
grid pending order delete issue fixed
performance improvement
Version 5.0 2024.05.15
opposite signal close issue is rectified
Version 4.0 2024.05.12
posititon size extra feature added
Version 3.0 2024.05.11
position sizing is corrected
Version 2.0 2024.02.17
lots of performance improvments