Product overview
A closer look at what’s included
CCI Momentum Continuation EA is a rules-based Expert Advisor for MetaTrader 5 designed to capture Commodity Channel Index (CCI) momentum breakouts. The EA monitors CCI(20) on confirmed candles, identifying high-probability continuation setups following pullbacks without relying on higher-timeframe filters.
Strategy and Entry Logic
- Long Setups: Triggers when CCI(20) establishes an extreme above +100, pulls back, and breaks above the recorded extreme.
- Short Setups: Triggers when CCI(20) establishes an extreme below -100, pulls back, and breaks below the recorded extreme.
- Confirmed Candle Analysis: Evaluates closed candles only to prevent repainting and look-ahead bias.
Risk and Position Management
- Stop Loss Protection: Initial stop loss is placed 10 pips below or above the signal candle.
- Partial Take Profits: Closes 50 percent of the position at 1R and moves the stop loss to breakeven; closes the remaining position at 2R.
- Configurable Parameters: Easily adjust CCI periods (+100/-100 levels), stop offsets, fixed lot sizes (0.10 default), and maximum spread limits.
Key features
- Long Setups: Triggers when CCI(20) establishes an extreme above +100, pulls back, and breaks above the recorded extreme.
- Short Setups: Triggers when CCI(20) establishes an extreme below -100, pulls back, and breaks below the recorded extreme.
- Confirmed Candle Analysis: Evaluates closed candles only to prevent repainting and look-ahead bias.
- Stop Loss Protection: Initial stop loss is placed 10 pips below or above the signal candle.
- Partial Take Profits: Closes 50 percent of the position at 1R and moves the stop loss to breakeven; closes the remaining position at 2R.
- Configurable Parameters: Easily adjust CCI periods (+100/-100 levels), stop offsets, fixed lot sizes (0.10 default), and maximum spread limits.
Support & answers
Frequently asked questions
Question: What platform is this EA compatible with?
Answer: CCI Momentum Continuation EA is built exclusively for MetaTrader 5.
Question: Does it require higher-timeframe filters or session restrictions?
Answer: No, the EA operates strictly on raw CCI(20) momentum and price action on confirmed candles without extra filters or time restrictions.
Question: How does it handle trade exits and capital protection?
Answer: The EA closes 50 percent of the position at 1R and moves the remaining stop loss to breakeven, fully exiting the rest of the trade at 2R.
Question: How should I test this EA before going live?
Answer: Download the .ex5 file, add it to your MT5 Experts folder, and run it in the Strategy Tester using your broker's historical data before trading live.