Rsi and Cci Divergence - expert for MetaTrader 4

Rsi and Cci Divergence – EA MetaTrader 4

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 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″

    • Inputs

    •  Use_TP_In_Money– Use Take Profit In Money (values:true/false).
    •  TP_In_Money– Take Profit In Money   (values: 10-100).
    • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
    • TP_In_Percent– Take Profit In Percent (values: 10-100).
    • Enable_Trailing-Enable_Trailing with money  (values:true/false).
    • Take Profit In Money (in current currency) (values: 1-100).
    • Stop Loss In Money(in current currency) (values: 1-100).
    • 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).
    • Lots size Exponent  (values: 1.01-2).
    • 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).
    • IF YOU USE ONLY 1 TRADE:
    • //////////////////////////////////////////////////
    • TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, “0” will not activate trailing stop loss.
    • Enable “Break Even” -(values:true/false).
    • When move “Break Even”- (values: 5-30).
    • How much pips move- “Break Even” (values:5-30).
    • ///////////////////////////////////////////////////////
    Alternative:   ACC+BAL+MARG-INDI - indicator MetaTrader 4

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

      You need to optimize this EA once  a week and use the exact same  inputs from above .


        How to perform back test:

        RSI/CCI


          Rsi and Cci Divergence – expert for MetaTrader 4
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