Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Expert Advisor | Extreme EA

MetaTrader Experts, Indicators, Scripts and Libraries

Idea by: Scriptor

Code mq5 by: barabashkakvn

The EA works on hedge accounts ONLY!

The EA uses the following indicators: iCCI (Commodity Channel Index, CCI) and two iMAs (Moving Average, MA). It is possible to set a timeframe for CCI other than that for Moving Average. It is recommended to run the EA on timeframe CCI: timeframe or MA Fast and Slow: timeframe.

For indicator CCI, additional parameters shall be set:

  • CCI Up level - upper level (to be set as an integer)
  • CCI Down level - lower level (to be set as an integer)
  • CCI Current Bar - number of the bar, from which the CCI readings are taken

Trade signals for opening positions

  • Opening a BUY position:   MA Slow #1 > MA Slow #2 && MA Fast #0 > MA Fast #1 && (int)CCI #CCI Current BarCCI Down level  
  • Opening a SELL position:   MA Slow #1 < MA Slow #2 && MA Fast #0 < MA Fast #1 && (int)CCI #CCI Current Bar > CCI Up level

Signals for closing positions

  • Closing a BUY position:  MA Slow #1 <= MA Slow #2
  • Closing a SELL position: MA Slow #1 >= MA Slow #2
22703