IvanLabrie

4H CCI Strategy 1.5

Included adaptive lot size based on ATR, and also ATR based stop and take profit levels.
Risk/reward increased to 1:2 and should work in all ranging FX pairs as long as they are not trending.
Once the market starts trending it'll eat this bot alive.

Cheers,

Ivan Labrie
Time at Mode FX
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//@version=2
strategy("4H CCI Strategy 1.5", overlay=true)
length = input( 11 )
overSold = input( -100 )
overBought = input( +100 )
price1 = high
price2 = low
ucci = cci(price1, length)
dcci = cci(price2, length)
tp = (atr(66))*600000
sl = (atr(66))*300000
trade_size = (1000/sl)*100000
strategy.entry("CCILE", strategy.long, comment="CCILE",qty=trade_size, when=crossover(dcci, overSold))
strategy.exit(id="CCILE", profit = tp, loss = sl)
strategy.entry("CCISE", strategy.short, comment="CCISE",qty=trade_size,when=crossunder(ucci, overBought))
strategy.exit(id="CCISE", profit = tp, loss = sl)
//plot(strategy.equity, title="equity", color=red, linewidth=2, style=areabr)
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
moneymaking
a year ago
Hey mate, very interesting strategy. Thank you for providing the back testing results as well, appreciate it. Will give it a try :)
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cap21 moneymaking
a year ago
thanks
Reply
Thank you!
Reply
scotttuckerjr
9 months ago
will this work for ninja trader or thinkorswim?
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scotttuckerjr
9 months ago
I am looking for a CCI strategy for Ninjatrader. Can anyone help me? I would be very grateful
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IvanLabrie PRO scotttuckerjr
9 months ago
Actually, this is only for tradingview. I wouldn't use it to execute trades, only to generate signals perhaps.
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