CrunchFX By :
This Expert Advisor (EA) makes use of the Commodity Channel Index Index (CCI) indicator. Accumulate profits quickly through recovery trading. It operates on a 5-minute bar of the EURUSD pair. The terminal is MT5
| Currency Pair | EURUSD |
| Time frame | M5 |
| Terminal | MT5 |
| Trading Style |
Live Performance [mfb_live_link]
FirstTrade：10/21/2023 00:00 LastUpdate：11/22/2024 22:02
| Total gain | 220% |
| Daily gain | 0.29% |
| Monthly gain | 10% |
| Drawdown | 39% |
| ProfitFactor | 2.79 |
| Pips | 4490.7 |
| Currency | USD |
| Deposits | 200 |
| Profit | 439.63 |
| Balance | 639.63 |
| Equity | 435.41 |
| Interest | -9.44 |
Broker : MetaQuotes Software Corp
(DEMO)
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Description
This Expert Advisor utilizes the Commodity Channel Index indicator and operates on a contrarian basis to take advantage of market reversals and take advantage of potential profit opportunities.
This EA is tailored specifically for trading on his 5 minute timeframe of EURUSD, one of the most major currency pairs in the Forex market. This ensures that you are trading in a highly liquid and widely traded market, providing you with ample trading opportunities.
One of the key features of this EA is the grid trading logic that helps you recover losses and accumulate profits quickly. This strategy involves placing trades at predetermined intervals and allows the EA to take advantage of price fluctuations to increase overall profitability.
*It is important to note that trading always involves risk and this EA is no exception.”
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