MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Views:
- 25623
- Rating:
- Published:
- 2009.12.02 09:56
- Updated:
- 2014.04.21 14:54
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register
-
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
Description:
The indicator is based on the simple CCI.
When its value crosses 100 from above, it sends a signal to sell.
When its value crosses -100 from below, it sends a signal to buy.
Everything is simple.
It gives a good signals, of course there are some wrong, you can add some filter to filter them.
Also you can open order for the each signal, with SL at 2-3 points higher/lower of the maximal/minimal price of the 2-3 previous candlesticks.
Take Profit value can be set using your vision and greed :)
Image:
Editor's remark:
Note that it's a mirror translation of the original Russian version.
If you have any questions to the author, suggestions or comments, it's better to post them there.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/9365
The aggressive semi-automated scalping EA
Use on 1M charts. Manually choose Only Long, Only Short or Short and Long depending on market direction. Close open orders moving in the opposite direction.
ChartPlusChartV3
Program for logging of non-market quotations from brokerage companies with MetaTrader platform. ADDED: Added ability to run your own script automatically in case of non-market quotations have place.
Object Delete
The script deletes objects from the chart.
ArrayVirtualOrders
Library for virtual trading.