CrunchFX

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SUMMARY

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

PERFORMANCE (LIVE FORWARD TEST)

CrunchFX profit and loss graph
TOTAL GAIN171.6%
MONTHLY9.9%
DRAWDOWN38.5%
START2023-10-21
OPERATING MONTH10
ACCOUNTdemo

KEY FEATURES

Currency Pair EURUSD
Time frame M5
Terminal MT5
Trading Syle

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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.”

Attach an EA to the M5 chart of EURUSD 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.
Since this EA holds multiple positions, it cannot tolerate drawdowns if the account balance is too small or the lot size is too large. Also, the higher the account leverage, the better, and 1:200 or higher is recommended. The recommendation is to start with 1000 USD and 0.01 lot. Be cautious about increasing lot size. Foreign exchange markets change rapidly and involve risks.

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