This strategy is based on the CCI indicator – a cyclic indicator
which offers a conditional signal for overbought and oversold
scenarios – 15 minutes is the “period” applied in this
strategy.
There are four CCI calculations (all using a “period” of 15
minutes) with a “Time period” of 14.
The differences for each of the four CCI calculations commits with the
“shift” from the current time (a “shift” from the actual 15
minutes candle).
For each of the four CCIs there is a different “shift” input: one
(1) as “shift” [CCI1]; two (2) as “shift” [CCI2]; three (3) as
“shift” [CCI3]; and four (4) as “shift” [CCI4].
To open a buy order, the number of open positions is equal to zero (0)
and all the four CCIs ([CCI1], [CCI2], [CCI3] and [CCI4]) are lower
than -100.
To open a sell order, the number of open positions is equal to zero
(0) and all the four CCIs ([CCI1], [CCI2], [CCI3] and [CCI4]) are
higher than +100.
The strategy trades EURUSD without daily or hourly restrictions.
Default trading assigns are: defaultTradeAmount: 6 millions;
defaultSlippage: 5 pips; defaultStopLoss: 400 pips; and
defaultTakeProfit: 10 pips (named in the algorithm as tempVar114).