Intraday Scalping Using EMA & CCI

Trading Systems Free Forex Trading Systems
21

hi,

i will complete other projects in couple of hours.after london session once i complete my trades for today i will try to complete your requirments.

i added ur gmail on my contact list.

23

LOL. completed early. because looking for some good trend to trade.

Added Features:
dynamic SL 10 PIPS below/above 288 for buy/sell
difference between order price should not be above/below 20 PIPS from 288 EMA for buy/sell

Not tested yet. looking for review
sent ex4 only. when we complete all features if need, then finally i send mq4 upon request.

MUTHUKUMAR_VER2.zip (11.4 KB)

24

CCI working fine now.
S/L Dynamic 10PIPS done.
Still order difference to be done today.

MUTHUKUMAR_FIXED.zip (11 KB)

25

First of all thank you for your work. In this version thereā€™s no stoploss? Are you planning to introduce it?

Thanks in advance.

26

Latest updated one here.

MUTHUKUMAR-SL.zip (13 KB)

27

Hi sheriffonline,
Iā€™m trying your EA. I see that it donā€™t set a fixed SL but it close some positions. Which rule are you using? Without source code is impossible to understand :wink:

Thanks in advance.

28

Hi Stop Loss is Dynamic +10 or -10 above / below 288 EMA. If you wish, you can also fix initial SL.

29

Final Updated Version:

Added difference between order price should not be above/below 20 PIPS from 288 EMA for buy/sell. this is done for 4 digit brokers only. i try to implement for both 4/5 digits.

MUTHUKUMAR_FIXED.zip (13.4 KB)

1 Like
30

thanks a lot sheriff

31

Here is the final version.
Added pip difference for 5 digit brokers. just change PIP_DIFF_BUY/PIP_DIFF_SELL as 0.00020/-0.00020 instead of 0.0020/0.0020.

To Your Success
Sheriff

MUTHUKUMAR_FINAL.zip (13.4 KB)

32

Hi! I am happy to report that today I tried your strategy on the EUR/USD and It worked for me on my first trade! I made 33 pips. I think I went in a little early. I actually made 3 trades. I made 33 pips on the first one, 42 pips on the second one and 12 pips on the third one!

288 strategy.jpg700Ɨ46 6.58 KB

33

Iā€™ve just been looking at this strategy on my charts and it looks promising. Need to do some backtesting tomorrow. I can see already that it is very important to be as close to 288ema as possible.

34

Hi All

How do I load the file to my MT4, I tried but it is not opening, I can see it under custom indicators.

Thank you

35

Hi is this ea profitable? How much it profits monthly?

36

Hi Muthukur, how much is the monthly profit of this ea? Thanks a lot.