ForexEA5 GOLD only

EA using indicator CCI + Bollinger Bands

  • Fast CCI period (1-2-3) - period of the fast CCI, for entry signals, default value is 13.
  • Slow CCI period, filter - period of the slow CCI, for determining trends, default value is 200 (must be greater than 50).
  • Bars limit - the limit on the number of candles, calculation of the data from 7 timeframes can load the CPU, default value is 300 candles.
  • Type graph - type of the trend chart
    • Histogram - Buy and Sell histogram.
    • MA - line that shows the sum of CCI from all 7 timeframes, if it is less than 0 - sell, if it is higher than 0 - buy.
    • Delta Histogram - difference of the histograms (displays only the difference between the Buy and Sell histogram)
  • Bollinger Bands
    • Bands period is 20
    • Bands shift is 0
    • Bands Deviation is 1.0 
  • Movung Averages
    • Period is 200
    • Shift is 0
  • On TF Dayly
    • Bearish trend pattern in open order Sell.
    • Bullish trend pattern for open order Buy.

    SETTING EA

    --- TF M30 ---

    Lots = 0.01 ; lot size of the open order

    TP = 450 ; take profit of the close order

    SL = 550 ; stop loss of order

    Limit = 5 ; limit number for open order

    Percent = 13 ; take profit money at 13% (lot*orders_total*percent)

    BB = 1 ; Open order using Bollinger bands, Setting: Enable = 1 , Disable = 0  

    --- TF Dayly ---

    balance 1000$

    Lots = 0.05 ; lot size of the open order

    TP = 3000 ; take profit of the close order

    SL = 2000 ; stop loss of order

    Limit = 5 ; limit number for open order

    Percent = 20 ; take profit money at 13% (lot*orders_total*percent) 

    **Recomment**

    Balance $150, setting Limit = 5 (Can be towed for 3000 pip)

    Balance $30 , setting  Limit = 1  (Can be towed for 3000 pip)


     

























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