Well-liked 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 to be able to assist you obtain your objectives and win within the markets, not by supplying you with an unknown magical components, or an “AI” that may predict the long run for you. They have been designed to be able to provide you with loads of choices to create your personal methods.
We consider that the human needs to be above any robotic, and by doing so, the human will earn not solely the earnings of his technique (if he succeeds) but in addition the psychological satisfaction that he did succeed. If not, he earns from data and he turns into a greater and wiser dealer.
On this article we’re gonna see among the common methods you can comply with simply that can assist you kickstart your personal journey by utilizing these “robo-tools’.
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Technique 1 – “Swing CCI”
You possibly can comply with this technique with each robots, so for those who 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 concept may be very easy. Purchase whenever 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 consider {that a} stop-loss have to be there, someplace. Something may occur, Murphy’s legislation may be very carefully associated with buying and selling, so to be able to comply with this technique you’ll have to add the SL and TP ranges far-off from the entry value. And it is because we have to give the market some area 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 course, the loss shall be in all probability the minimal as we’re gonna exit at a robust pullback.
You possibly can search by way of all of the out there timeframes and you’ll discover all of the belongings out there out of your dealer.
I’d like to offer 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 examine the outcomes (Each tick based mostly on actual ticks for 1 12 months)
The consequence offers us a revenue of greater than 25,000$ and it turns our 10,000$ account into 35,644$
We will discover extra mixtures utilizing among the Superior CCI robotic functionalities, such because the trailing SL, dynamic exit utilizing the “Handle” tab, the place we are able to set a % or a certain quantity to cease buying and selling or the dynamic lot measurement, the results of it I am sharing under:
From 10,000$ to 89,498$.
Technique 2 – Imply reversion
Extremely popular technique, and certainly one of my favorites, after we anticipate the market in the end to return again to the imply value, aka MA.
To be able to comply with a technique like this, we’re gonna allow the MA filter, out there solely within the Superior model.
After we have now an oversold or overbought sign we’re gonna enter the market, and the goal is gonna be a Transferring Common of our alternative.
In fact we have now 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 development is sharp and lengthy. For this reason we’d like a stop-loss once more. Alternative ways so that you can select an excellent stop-loss degree, corresponding to:
The closest excessive or low (excessive for promote and low for purchase) the place you may as well add some factors, to offer an additional area for the current excessive/low to behave like a help/resistance degree.
One other approach is to make use of the ATR issue. This fashion you’ll be able to add your stop-loss to some bars above or under the entry level.
Final however not least, is the most typical approach, 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 Technique: Typical Worth
Purchase when Worth is under the MA and in addition CCI crosses under -150.
Promote when value is above the MA and CCI crosses above 150 degree.