Description
The PZ CCI Trader EA is a fully automated trading robot that uses the Commodity Channel Index (CCI) indicator to generate trade signals. This EA is ideal for traders who prefer rule-based systems with full customization over entry/exit logic, position sizing, risk management, and trading sessions. It supports manual trading plans, automated strategies, and portfolio diversification with dynamic control over direction, volume, and time-based filters.
Core Trading Logic
The EA uses the CCI indicator to identify momentum reversals and continuations. The main logic operates as follows:
- Buy Signal: Triggered when CCI crosses above +100
- Sell Signal: Triggered when CCI crosses below -100
Optional Exit Conditions (user-configurable):
- Close Long when CCI reaches +200
- Close Short when CCI reaches -200
- Close All Trades when CCI returns to 0
These CCI levels are adjustable, allowing traders to match signal sensitivity to the asset and timeframe they prefer.
Trading Behavior Modes
The EA allows traders to select one of four operating modes to suit various strategies:
- Regular Mode – Buys at bullish CCI signals and sells at bearish ones.
- Inverse Mode – Sells at bullish signals and buys at bearish ones (used in mean-reversion contexts).
- Only Buy Mode – Takes only long positions on bullish signals.
- Only Sell Mode – Takes only short positions on bearish signals.
These modes allow both trend-following and counter-trend strategies.
Money Management Methods
The EA includes four risk models for sizing trades:
- Manual Lotsize – The trader sets a fixed lotsize per trade.
- Auto-Risk – Calculates lotsize based on a user-defined percentage of account equity.
- Martingale – Doubles the lotsize after a losing trade.
- Inverse Martingale – Doubles the lotsize after a winning trade.
For additional control, the EA can be set to operate in NFA/FIFO-compliant mode by disabling multiple simultaneous trades or hedging.
Trade Management Features
You can precisely configure trade protection and performance parameters:
- Break-Even Settings – Enable automatic breakeven after X pips, and optionally set a breakeven buffer.
- Stop-Loss / Take-Profit – Fully customizable in pips.
- Trailing Stop / Step – Activate and control a trailing stop feature, including the minimum step size.
These features help automate trade exits based on both indicator signals and price action thresholds.
Session and Time Filters
To avoid trading during low-liquidity or high-risk times, the EA includes session-based controls:
- Asian Session
- European Session
- American Session
- Weekday Filters – Enable or disable trading for specific days of the week
These filters allow traders to restrict activity to optimal trading windows.
Indicator Settings
This block includes:
- CCI Period – Set the lookback period for the CCI calculation.
- Entry Level – The threshold for generating buy/sell entries (typically ±100).
- Exit Levels – Thresholds for auto-close conditions (e.g., ±200 or 0), which can be disabled individually.
Additional EA Settings
For full operational control, the EA offers:
- Magic Number – A unique identifier for EA trades, useful when running multiple EAs.
- Custom Comment – Optional comment attached to each order for tracking.
- Manual Pip Value – Override the default pip value if needed, particularly for exotic or synthetic instruments.
Requirements & Compatibility
- Works with ECN and Non-ECN brokers
- Supports 2, 3, 4, and 5-digit symbols
- Compatible with Forex, CFDs, commodities, indices, and other assets
- Fully compliant with NFA/FIFO regulations if needed
What to Expect
This EA does not guarantee profitability out-of-the-box. Like any strategy, it depends on your:
- Selection of the right symbol and timeframe
- Use of the strategy tester to find optimized parameters
- Understanding of CCI behavior under different market conditions
It is highly recommended to test and refine the EA's configuration in demo or strategy tester environments before live deployment.
