Sweet_Spot_Extreme_Multi_Timeframe_CCI_&_EMA_Crossover_EA.mq4
10.7 KB
This sophisticated Expert Advisor combines 3 timeframes and 2 different indicators to identify high-probability entry points. It uses the CCI (Commodity Channel Index) on a 30-minute chart for oversold/overbought conditions, plus EMA crossovers on a 15-minute chart for trend confirmation.
What it does:
π 30-min CCI β Identifies extreme conditions (below -200 for buys, above +200 for sells)
π 15-min EMA(85) β Determines trend direction (price vs median price)
π 15-min EMA(70) β Additional trend filter for exit signals
π Dynamic Lot Sizing β Calculates position size based on account risk percentage
π― Automatic Exit β Closes positions when trend reverses or profit target hits
π Max Trade Limit β Maximum 3 concurrent positions per symbol
Core logic:
Wait for CCI to reach extreme levels (sweet spot) while the 15-minute trend aligns. Enter counter-trend with the expectation of a mean reversion bounce. Exit when the 15-minute trend changes direction.
π Key Features:
β
π 3 Timeframe Analysis
30-min CCI + 15-min EMAs + current chart for execution
β
π Dual EMA Trend Filter
85-period + 70-period for trend confirmation
β
π° Dynamic Lot Sizing
Risk-based position sizing (MaximumRisk parameter)
β
π Loss Decrease Factor
Reduces lot size after consecutive losses
β
π― Scalping Exit Option
Close when 15-min trend reverses (early TP)
β
π Fixed Stop Loss Option
10-pip stop loss (configurable)
β
π Fully Automated
Entry, exit, and money management in one EA
β
π¨ Color-Coded Orders
Aqua for buys, Coral for sells
β Why This EA?
βοΈ Multi-Timeframe Confirmation β Reduces false signals significantly
βοΈ CCI Extreme Strategy β Proven mean reversion methodology
βοΈ Dynamic Position Sizing β Grows with your account
βοΈ Loss Recovery Logic β Reduces size after losing streaks
βοΈ No Martingale β Safe money management
βοΈ Automatic Trend Exit β No need to set TP levels
βοΈ Optional Fixed Stop β Scalping capability built-in
βοΈ Works on Any Pair β Tested on EURUSD, GBPUSD, USDJPY
βοΈ Timeframe H1
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What it does:
π 30-min CCI β Identifies extreme conditions (below -200 for buys, above +200 for sells)
π 15-min EMA(85) β Determines trend direction (price vs median price)
π 15-min EMA(70) β Additional trend filter for exit signals
π Dynamic Lot Sizing β Calculates position size based on account risk percentage
π― Automatic Exit β Closes positions when trend reverses or profit target hits
π Max Trade Limit β Maximum 3 concurrent positions per symbol
Core logic:
Wait for CCI to reach extreme levels (sweet spot) while the 15-minute trend aligns. Enter counter-trend with the expectation of a mean reversion bounce. Exit when the 15-minute trend changes direction.
30-min CCI + 15-min EMAs + current chart for execution
85-period + 70-period for trend confirmation
Risk-based position sizing (MaximumRisk parameter)
Reduces lot size after consecutive losses
Close when 15-min trend reverses (early TP)
10-pip stop loss (configurable)
Entry, exit, and money management in one EA
Aqua for buys, Coral for sells
β Why This EA?
βοΈ Multi-Timeframe Confirmation β Reduces false signals significantly
βοΈ CCI Extreme Strategy β Proven mean reversion methodology
βοΈ Dynamic Position Sizing β Grows with your account
βοΈ Loss Recovery Logic β Reduces size after losing streaks
βοΈ No Martingale β Safe money management
βοΈ Automatic Trend Exit β No need to set TP levels
βοΈ Optional Fixed Stop β Scalping capability built-in
βοΈ Works on Any Pair β Tested on EURUSD, GBPUSD, USDJPY
βοΈ Timeframe H1
π
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THREE MODES:
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37.6 KB
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