INFORMATION
This EA uses the built-in Commodity Channel Index (CCI) indicator of your MT4 platform. CCI Cross Grid is a martingale grid. That means high profit and high risk. CCI indicator tell us when GBPUSD pair is overbought or oversold. The EA place sell orders when the pair is overbought and buy orders when it is oversold but it previously checks if CCI value cross certain level.
CCI Cross Grid performs better on GBPUSD pair and M5 timeframe.
METATRADER DOWNLOADS
Latest update: September 22, 2011
Latest version: v1.5
MT4 Expert Advisor:
download
INSTALLATION
1. Shutdown your Metatrader platform
2. Copy the expert advisor file into the /experts folder of your Metatrader software (Example: C:\Program Files/MetaTrader4/experts)
SETTINGS MANUAL
grid_size: expert advisor will use this data in order to know when to place new orders
take_profit: money management system takes this, minimum_lots and progression to calculate "take profit" in dollars
profit_lock: from 0.5 (50%) to 0.9 (90%). This is the profit locked once you reach take profit.
min_lots: minimum lots for your orders. The EA will take min_lots as the minimum unit.
min_lots_increment: minimum lots increment.
profit_mode: 1 normal, 2 maximize
account_risk: it is the percentage of total account risked with the ea
BACKTESTS
You can see results from 4 different backtests below. We use same pair (GBPUSD), same time frame, but different grid size and profit mode.
Backtest 1: grid_size=35, profit_mode=1
Backtest 2: grid_size=35, profit_mode=2
Backtest 3: grid_size=70, profit_mode=1
Backtest 4: grid_size=70, profit_mode=2
BACKTEST 1
Test period: April 1, 2010 - March 19, 2011
Pair: GBPUSD
Time frame: M5
Set file:
download
Detailed report:
view
Attachment 542
BACKTEST 2
Test period: April 1, 2010 - March 19, 2011
Pair: GBPUSD
Time frame: M5
Set file:
download
Detailed report:
view
Attachment 543
BACKTEST 3
Test period: April 1, 2010 - March 19, 2011
Pair: GBPUSD
Time frame: M5
Set file:
download
Detailed report:
view
Attachment 544
BACKTEST 4
Test period: April 1, 2010 - March 19, 2011
Pair: GBPUSD
Time frame: M5
Set file:
download
Detailed report:
view
Attachment 545