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
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
//@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)