CCIRobots (Free EA)

by
CCIRobots

SUMMARY

This EA is provided free of charge. This EA works on USDCAD pairs and actively trades on 5 minute time frames. Use grid trading techniques to quickly accumulate profits. It helps traders make automated trades and manage their positions according to market trends.

PERFORMANCE (LIVE FORWARD TEST)

CCIRobots profit and loss graph
TOTAL GAIN29.8%
MONTHLY6.9%
DRAWDOWN10.1%
START2024-05-23
OPERATING MONTH3
ACCOUNTdemo

KEY FEATURES

Currency Pair USDCAD
Time frame M5
Terminal MT5
Trading Syle

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Description

This EA (Expert Advisor) is a dedicated software for trading in the foreign exchange market.

Specifically, This EA focus on trading in the US dollar and Canadian dollar currency pair (USDCAD).
This EA is designed for traders who prefer short-term trades and uses 5-minute charts to analyze market trends and time their trades.

As a general trading strategy, this EA uses grid trading method.
This is a method of taking positions at fixed price intervals and attempting to profit as prices move back and forth between them.
This strategy is particularly effective when the market is sideways or when prices are expected to move within a certain range.
The EA automatically executes these trades, reducing the time traders spend making trade decisions and managing their positions.

As for the price, this EA is provided for free.
Being free means that traders can use the EA without any additional costs.
But just because it’s free doesn’t mean it’s low quality.

This EA has a user-friendly interface and can be easily used by traders with very few parameters.

Attach an EA to the M5 chart of USDCAD on MT5.

parameter settings
・Lot_Size: Minimum 0.01 lot ~ Please set according to your account balance.
・Magic number: Normally, there is no problem with the default setting. This is the number that identifies this EA order within the account. If you use multiple EAs in one account, please set the magic number so that it is not the same as another EA’s magic number.

This EA operates while adjusting the lot size, so it cannot tolerate drawdowns if the account balance is too small or the lot size is too large.

We recommend starting with 2000 USD and 0.01 lot. Be careful when increasing lot size. The foreign exchange market changes rapidly and trading involves risk.

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