Trading utilities for MetaTrader 5
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MetaTrader 5
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Overview
Trend Burry EA is built to use the length CCI chosen by you. Taking trades in trending markets.
This will determine CCI price is reach at the level of the bands an execute the trade.
Time Frame CCI calculation
- I will break down what each section in the EA is and how to use it. Time frame CCI is which timeframe you want the CCI to trade from example 1h time frame, the CCI will then be set to the 1h timeframe.
Length of the CCI
- The EA has two length settings. this allows you to input any length into the CCI for example 20 would be a fast moving CCI & 50 would be a slow moving CCI.
- You can change the length depending on the timeframe and length you want.
Take Profit and Stop loss
This is determined on PIP's and how much you want to risk. Example SL- 30 pips TP- 100 pips
Buy and Sell
Entering trades on Buy and Sell must be set correctly (Buy = True) - (Sell = False)
CCI bands
This should be set to +90 & -90 this is where the EA will execute the trade if the CC reaches those levels in the CCI.
Example of a trades (***/***) -- This just an example ***Please use your own analysis and set your own parameters
- Timeframe= 1h
- InpCCIPeriod1= 20
- InpCCIPeriod2= 25
- LotSize= 0.3
- StopLossPips= 70
- TakeProfitPips= 100
- TradeDirectionBuy= true
- CCIHandleLevel= -90
90M Timeframe does not work (added in due to testing) Please Ignore 90M timeframe
