CCI Distance

This system uses the Commodity Channel Index indicator to set trades. No matter if you think, higher values imply Buy or Sell orders, vice-versa for lower values.

Trading Logic

Buy

The system buys when the CCI indicator crosses the "Buy Level". From above to below or from below to above, your choice in the "Buy Cross Mode" parameter.

Sell

The system buys when the CCI indicator crosses the "Sell Level". From above to below or from below to above, your choice in the "Sell Cross Mode" parameter.

Close

The EA has six options to close the open orders. All of them available to be used at the same time or to be disabled independently:

  • Stop Loss
  • Take Profit
  • Trailing Stop
  • Break-even
  • Opposite Order Signal

Input Parameters

  • Magic Number
  • Lot Size
  • Stop Loss
  • Take Profit
  • Trailing Stop
  • Break-even
  • Maximum Deviation
  • Multiple Orders
  • Opposite Signal Closes Previous
  • Buy Level
  • Buy Cross Mode
  • Sell Level
  • Sell Cross Mode
  • CCI averaging period
  • CCI applied price

Download MT4 Expert Advisor