EA CCI T3
Info
The EA CCI T3 is a Expert Advisor for MetaTrader 5 that ea is based on indicators ccit3_simple_v_2-01 and ccit3_norecalc_v_3-01. Buy position is opened when the zero line is crossed upwards, and sell position is opened when the zero line is crossed downwards.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use EA CCI T3
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
EA is based on indicators CCIT3_Simple_v_2-01 and CCIT3_NoRecalc_v_3-01.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Trade Adjustment Panel for MT5 - another powerful expert for MetaTrader 5 traders.
EA is based on indicators CCIT3_Simple_v_2-01 and CCIT3_NoRecalc_v_3-01. Buy position is opened when the zero line is crossed upwards, and sell position is opened when the zero line is crossed downwards. Indicator values for determining the signal are taken from the previous bar.Also recommended: Quantora Trade Manager MT5: Advanced Position Management - similar expert with strong performance on MetaTrader 5.
CCIT3_Simple_v_2-01 is a modified indicator CCIT3 1.01, with a calculation basis dependent on the CCI indicator and a ratio calculated from the beginning of history. This indicator has a limit for the number of calculated bars (max_bars_calc).
CCIT3_NoRecalc_v_3-01 is a simplified version of CCIT3_Simple_v_2-01, where the calculation equation does not consider the ratio recalculated at each bar from the beginning of history. It also has a limit for the number of calculated bars (max_bars_calc).
No_IncreaseLot_GBPUSD_2026: Results from 2026 GBPUSD without increasing lots, with an initial lot of 1.0. Testing was performed at the DC Alpari-Demo using all ticks.
IncreaseLot_GBPUSD_2026: Used increase of lots with a limit for the maximum lot = 50.0. Testing was done at the DC Alpari-Demo, by all ticks.
IncreaseLot_GBPUSD_2026: The same increase of lots, but with a limit to the maximum lot = 500.0. Testing was conducted at the DC MetaQuotes-Demo, by all ticks.
Tips:
- All parameters of the EA (except indicator settings) are inactive when set to 0.
- The EA has a function to set the maximum allowable volume lot to adhere to dealing center limits.
Basic settings:
- SL/TP - Placed after opening a position.
- N_Modify_SLTP - Number of attempts to set SL/TP if unsuccessful.
- Trail SL - Activated when profit position is greater than or equal to 0.
- Max_Drawdown - EA has a lot-increasing option based on the deposit/max.drawdown ratio.
- Trade_Overturn - Reverses position when the signal changes. If false, orders are closed only by SL/TP/Trail.
- Use_Simple_CCIT3 - Signals are taken from the CCIT3_Simple_v_2-01 indicator.
- Use_NoRecalc_CCIT3 - Signals are taken from the CCIT3_NoRecalc_v_3-01 indicator.
The EA can work with either of the selected indicators, which have shown good trading results. They can also be used as filters or confirmation signals.
This EA provides a solid foundation for developing a more complex trading robot.
You may also like: Quantora Break Even Manager MT5 - Automated Stop Loss Protection - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
input string section_1 = "===== trade options";
input double lots = 1.0; // lots
input double tp = 1750; // tp
input double sl = 0; // sl
input int slippage = 65; // slippage
input int magic = 20120819; // magic
input int n_modify_sltp = 7; // n_modify_sltp
input int trail = 0; // trail.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.