RSI & CCI Divergence EA

Inputs

 

  • Exit=Enable Exit strategy (value:false).
  • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1)..
  • CCI –  “CCI” indicator value (values:10-40).
  • RSI – “RSI” indicator value(values:10-40).
  • CandlesToRetrace – Number of candles to wait for divergence (values: 10-100).
  • Lots – Lots size (values: 0.01-10).
  • TrailingStop-set a value from 40 to 100 to activate trailing stop loss , “0” will not activate trailing stop loss.
  • Stop_Loss – Stop Loss (values: 30-500).
  • MagicNumber – Magic number (values: 1-100000).
  • TakeProfit – Take Profit (values: 50-100).
  • FastMA – Fast Moving Average (values: 1-50).
  • SlowMA – Slow Moving Average (values: 60-200).
  •  Mom_Sell-Momentum_Sell trtrigger(values: 0.1-5).
  •  Mom_Buy-Momentum_Buy trtrigger(values: 0.1-5.
  • UseEquityStop -Use Equity Stop(value: true).
  • TotalEquityRisk-Total Equity Risk(values: 1-3).
  • Max_Trades-Maximum trades(values: 1-5).

 

Description

 Rsi & Cci Divergence EA Trades when there is a divergence of “RSI” or “CCI” indicator  has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.

***Include “IncreaseFactor” function if you lose a trade the next lotsize will be increased****

Try it on demo first.

This EA trades only with the price of open candle!

If you do not want to trade with increasing lot size when you lose  a trade set:”IncreaseFactor=0″

You can use it as  hedging grid EA or a single trade EA.