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Price Action Analysis Toolkit Development (Part 30): Commodity Channel Index (CCI), Zero Line EA

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by , 07-05-2025 at 05:50 AM (59 Views)
      
   
In this article, we build an MQL5-powered tool that simplifies price-action trading. The system automates a strategy based on four elements: a dual Commodity Channel Index (CCI), a 34-period Exponential Moving Average (EMA), the Average True Range (ATR), and pure price action. After reviewing each indicator and outlining the full trading strategy, we will walk through the step-by-step development of the Expert Advisor, test it, analyze the results, and draw conclusions. A summary of the other tools we have developed is presented in the table on the last page of the article.
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