Fashionable methods to comply with with the Superior CCI Buying and selling robotool
The Easy CCI and the Superior CCI buying and selling robots and instruments have been created with a purpose to show you how to obtain your objectives and win within the markets, not by providing you with an unknown magical components, or an “AI” that may predict the longer term for you. They have been designed with a purpose to offer you loads of choices to create your personal methods.
We imagine that the human must be above any robotic, and by doing so, the human will earn not solely the earnings of his technique (if he succeeds) but additionally the psychological satisfaction that he did succeed. If not, he earns from information and he turns into a greater and wiser dealer.
On this article we’re gonna see a number of the fashionable methods you can comply with simply that will help you kickstart your personal journey by utilizing these “robo-tools’.
Product: https://www.mql5.com/en/market/product/97538
Technique 1 – “Swing CCI”
You possibly can comply with this technique with each robots, so when you don’t have cash to buy the Superior CCI, we acquired your again mate! You possibly can obtain the free “Easy CCI” buying and selling robotic.
The thought may be very easy. Purchase while you cross above or under a CCI degree, shut and promote on one other degree.
Let’s see a easy instance by utilizing a picture:
In each robots there’s no choice to not add a stop-loss or a take-profit degree. It doesn’t matter what, we imagine {that a} stop-loss have to be there, someplace. Something might occur, Murphy’s regulation may be very intently associated with buying and selling, so with a purpose to comply with this technique you’ll have to add the SL and TP ranges far-off from the entry worth. And it’s because we have to give the market some house to breathe. Let’s enter the market after we get an oversold sign (purchase) and exit and promote after we get an overbought sign.
Even when the market begins trending in direction of one path, the loss can be in all probability the minimal as we’re gonna exit at a powerful pullback.
You possibly can search by means of all of the obtainable timeframes and you may discover all of the belongings obtainable out of your dealer.
I’d like to provide you an instance right here. Utilizing the AUDUSD – H1 and by including these inputs:
Purchase when crossing ABOVE -160
Promote when crossing BELOW 160
Shut open positions at reverse sign: TRUE
Let’s test the outcomes (Each tick based mostly on actual ticks for 1 12 months)
The end result offers us a revenue of greater than 25,000$ and it turns our 10,000$ account into 35,644$
We are able to discover extra combos utilizing a number of the Superior CCI robotic functionalities, such because the trailing SL, dynamic exit utilizing the “Handle” tab, the place we will set a % or a certain amount to cease buying and selling or the dynamic lot dimension, the results of it I am sharing under:
From 10,000$ to 89,498$.
Technique 2 – Imply reversion
Highly regarded technique, and one in all my favorites, after we anticipate the market ultimately to return again to the imply worth, aka MA.
To be able to comply with a method like this, we’re gonna allow the MA filter, obtainable solely within the Superior model.
After we’ve got an oversold or overbought sign we’re gonna enter the market, and the goal is gonna be a Shifting Common of our alternative.
After all we’ve got a weak level and that is when a market is trending. Once more we’re gonna exit on the MA, however what occurs if the pattern is sharp and lengthy. For this reason we’d like a stop-loss once more. Other ways so that you can select a superb stop-loss degree, resembling:
The closest excessive or low (excessive for promote and low for purchase) the place you may as well add some factors, to provide an additional house for the latest excessive/low to behave like a help/resistance degree.
One other manner is to make use of the ATR issue. This fashion you may add your stop-loss to some bars above or under the entry level.
Final however not least, is the commonest manner, by utilizing a distance in factors.
Let’s see an instance collectively.
Image: EURUSD
Timeframe: H1
Backtest interval: 1 12 months
Outcomes:
Inputs:
CCI Interval: 75
CCI Methodology: Typical Worth
Purchase when Worth is under the MA and likewise CCI crosses under -150.
Promote when worth is above the MA and CCI crosses above 150 degree.