The simple algorithm is:
Check momentum and CCI;
If (100<momentum<101 & CCI>0), buy;
If (99<momentum<100 & CCI<0), sell;
stoploss: stocks&commodities(0.5% reversed change of price), currencies(50 pips of reversed change).
Take profit: stocks&commodities(0.5% profit), currencies(50 pips).
Tailing stop: if stocks&commodities curve run with 0.25% change, or currencies with 25 pips in correct direction, change the stoploss to initial price.
Note: This EA should be applied to M5,M15,M30,H1,H4,D1. And don't limit EA in certain stocks,but can be used in stocks,currencies,commodities. I will test all curves,and see which of stocks,currencies,commodities are suitable for this strategy,and which timeframe is better. Any suggestions and comments? Please email me at [email protected].
Check momentum and CCI;
If (100<momentum<101 & CCI>0), buy;
If (99<momentum<100 & CCI<0), sell;
stoploss: stocks&commodities(0.5% reversed change of price), currencies(50 pips of reversed change).
Take profit: stocks&commodities(0.5% profit), currencies(50 pips).
Tailing stop: if stocks&commodities curve run with 0.25% change, or currencies with 25 pips in correct direction, change the stoploss to initial price.
Note: This EA should be applied to M5,M15,M30,H1,H4,D1. And don't limit EA in certain stocks,but can be used in stocks,currencies,commodities. I will test all curves,and see which of stocks,currencies,commodities are suitable for this strategy,and which timeframe is better. Any suggestions and comments? Please email me at [email protected].
