The MACCI forex robot opens and closes trades automatically based on the buy/sell position of 2 moving averages and the CCI indicator.
It also uses the ATR indicator for stop loss placement.
The MT4 expert advisor uses the following default settings:
Fast MA: 4, slow MA: 8, PCCI: 4, Lots: 0.1
All default settings can be modified directly by editing the source code or changing the input values.
It’s highly recommended to test this EA first on a demo account.
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MA with CCI Forex Robot Chart
This expert advisor uses the following trade logic.
You can apply the Forex robot to any currency pair and time frame of your preference.
The best results were reported on EUR/USD, USD/JPY and GBP/USD
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Fast MA, Slow MA, PCCi, pATR, Losts, DcF, MaxR.
More Info About This Expert Advisor
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend following
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.