Hi all,
Here is the new version of MACD signal. It is fileterd with CCI (Commodity Channel Index)
Download LOCSignal-MACDDoublePikeCCI indicator for MT4 & LOCTrailing EAThis is the signal indicator for
LOCTrader Expert Advisor.
default parameters are :
//indicator parameters
int _fastEmaPeriod=56;
int _slowEmaPeriod=96;
int _signalPeriod =48;
int _appliedPrice =PRICE_CLOSE;
//CCI
double _cciLevel=1;
double _cciPeriod=28;
double _cciPrice=PRICE_CLOSE;
Parameters were tested and designed for EURUSD pair with LOCTrader EA.
Here is my backtest on EURUSD 1 year:
Initial Depo: $500
Profit is: $402 (80%)
Drawdown: $78 (11%)
Profit (excluding top 1 profitable position): $138 (28%)
Input settings for LOCTrader EA are attached.
Some key parameters:
1. ATRStop trailing. Trail in Loss enabled.
2. No fixed initial stop loss (set by ATRStop trailing) and no fixed initial Take Profit
3. Lot Management Enabled. Martingale multiplier is 1.5
4. Lot is 0.01 (min allowed for this account)
5. Breakeven at 75 moves stop loss on +5 pips of profit
Please let me know if you have questions.
Thanks
Mikhail
