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E Pass Lev CCI EMA1

From the Old Kings archive: E Pass Lev CCI EMA1, an expert advisor (trading robot) for MetaTrader 4. Its name points to the Commodity Channel Index (CCI). In the code it works with moving averages and CCI. It moves the stop behind price. It has 9 settings, for example Lots (default 0.1), Stop Loss (default 27) and Use Take Profit (default True). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v1.0 · Free

About E Pass Lev CCI EMA1

E Pass Lev CCI EMA1 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and CCI. It moves the stop loss behind price (trailing stop / break-even). It has 9 settings, such as Lots, Stop loss and Use take profit. MQL source code included.

Files in the download: e-PassLevCCI-EMA1.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Lots0.1Trade size in lots
Stop loss27Stop loss distance
Use take profitTrueTake profit distance
Take profit70Take profit distance
Use trailingFalseTrailing stop distance or switch
Trailing stop50Trailing stop distance or switch
Cci period18CCI
Ema period34EMA
Bars for check4

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: CCI · Trailing Stop & Break-even · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria