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FZ CCI Skalper

From the Old Kings archive: FZ CCI Skalper, an expert advisor (trading robot) for MetaTrader 4. Judging by its name, it is built around the Commodity Channel Index (CCI). In the code it works with CCI. It moves the stop behind price and can size trades from your risk. It has 19 settings, for example Risk (default 10), TP (default 15) and SL (default 10). Watch it on a demo account for a while — robots can behave differently with each broker. 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 FZ CCI Skalper

FZ CCI Skalper is an expert advisor (trading robot) for MetaTrader 4 based on CCI. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 19 settings, such as Risk, TP and SL. MQL source code included.

Files in the download: FZ CCI SKALPER.mq4.

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

Settings

SettingDefaultWhat it does
Risk10Рабочий риск в %
TP15Take profit distance
SL10Stop loss distance
Trail5Trailing stop distance or switch
Tral step0Distance between orders
Traling starttrue
Time start8Время начала работы
Time end23Время завершения работы
Max spred4
Time life10
Min balans10
Infotrue
Otstup30Отступ сигнала от вершины бара
Count bars2000Число баров на которых будет отображен сигнал
Cci period19Number of bars in the calculation
Cci period27Number of bars in the calculation
Cci period35Number of bars in the calculation
Cci level up85Максимум индикатора
Cci level dn-85Минимум индикатора

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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria