your idea is good i can integrate CCI in MACD but ....we need to solve the problem first which I mentioned above...that it is not opening positions...WHY...
Dave please help...
Hi Babar, backtested the EA and demo trading it on 5M chart with no problem. Hope this help
Here is the upgraded version where you could / not use CCI as additional filter. Set UseCCIentry = TRUE to add CCI as the filter. Hope this help
Thanks Dave for that revision...much appreciated. I will do some testing.
Thanks for your help...I have got this EA running on NF...but still it is not opening any trades...what could be the problem...
Do you download the iMACD.mq4 custom indicator yet ? Just trying to locate the problem
yes its all int the /expert/indicator folder.........
Okay, I'll try to demo trade it on NF. Will let you know my progress
which broker u have tried the demo on........????????
I just ran some backtesting on this on the daily chart. for EUR/USD
And I think you'll be quite pleased of the results.
If it helps any, these were the settings I used.
CCIPeriod = 14,
CCIPrice = 0,
CCILevel = -100;
StopLoss = 50,
TakeProfit = 300,
TrailingStop = 15;
ConfirmedOnEntry = true, // TRUE:entry on the next signal bar
StopAndReverse = true, // TURE:if signal change, exit and reverse order
PureSAR = false; // TRUE:no SL, no TP, no TS
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