MACDCCI - MQL4 Code Base

Code Base Expert Advisors MACDCCI To post a new code, please log in or register

Download MetaTrader 5 and visit MQL5.community Code Base

Download MetaTrader 5 iPhone

and Trade on the Go!

Prepare for the Championship

Study programs in MQL5

Couldn't find the right code? Order it in the Jobs section

This Expert Advisor is for
MetaTrader 4

Download MT 4 - 455 Kb

Download MetaTrader 4 iPhone

and Trade on the Go!

Name:

MACDCCI [ ru | cn ]

Author:

hmmlotfy (2008.02.15 09:33)

Downloaded:

6341

Download:

DoubleUp.mq4 (4.1 Kb) View

This is a simple EA, uses CCI and MACD algorithem it does not loss on the long run and it can be edited to do much better, i will leave that up to all of you .

Hazem.

4 comments To post a new comment, please log in or register

bonechair wrote:
You have 25% modelling quality on your backtesting, that means the results are false.

bonechair:

feel free to test and check it for your self.

also you might want to check this article:

http://articles.mql4.com/93

you will see that 25% is is the maximum result quality in a 1 min test

Thank you.

Hazem

18.02.2008 00:11 hmmlotfy

You have 25% modelling quality on your backtesting, that means the results are false.

17.02.2008 15:32 bonechair

FXIA wrote:
Any way of filtering out the DD by adding one more indicator or adjusting CCI settings?

FXIA:

There is not an easy way to do this as far as I know, but it’s doable, for this program I wanted it to be as simple as possible and short too. If you experiment a bit with different double down strategy you will find that there is a way to make the double downs rare and small too. And if you want to try to avoid double downs you will have to try to add “Candlestick Bearish Reversal” Algorithm to try to avoid as many losses as possible

Hope this helps

Hazem.

16.02.2008 03:17 hmmlotfy

Any way of filtering out the DD by adding one more indicator or adjusting CCI settings?

16.02.2008 00:48 FXIA