Commodity Channel Index EA Basic

adminas

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About the CCI EA

The CCI EA uses Commodity Channel Index to enter a trade.

The CCI EA has 2 entry strategies:

  1. Break in: The EA opens a trade if the CCI levels breaks into the oversold/overbought level.
  2. Break out: The EA opens a trade if the CCI levels breaks out of the oversold/overbought level.
Exit strategy

A long position will be closed if the CCI level gets above a specific level. A short position will be closed if the CCI level gets below a specific level.
 

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