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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 EA This 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
I must say i loved reading your blog. It had been well authored and easy to understand. Unlike other blogs I have read which are really not too good.Thanks alot!
Seven Hints
Wow, cool post. I'd like to publish such as this too - taking time and real effort to produce a great article... but I put things off a lot of and never seem to get started. Thanks though.
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