CCIT Zero-Line Crossovers with Optional Lot Scaling

Summary

This Expert Advisor uses one of two CCIT3 indicator variants to generate directional trades. It opens a buy after the indicator crosses above zero and a sell after it crosses below zero, using the previous bar’s value for the signal. The indicator descriptions distinguish a version whose scaling ratio is recalculated from the full history from a simpler version that omits that repeated recalculation; both limit the number of bars used.

The EA includes stop loss and take profit placement, trailing stops, optional reversal on an opposing signal, and position sizing that can increase with account deposit and a drawdown parameter. The document mentions historical GBPUSD tests from 2004 with different lot scaling limits and execution environments, but provides no numerical performance statistics or comparative analysis. Lot increases, indicator choice, broker limits, and dependence on prior-bar signals all affect results, so the notes describe mechanics rather than establish profitability.

Key ideas

• Trades are triggered by CCIT3 crossing the zero line, with signals read from the prior bar.
• The two indicator variants differ in whether a historical scaling ratio is recalculated.
• The EA offers stops, trailing protection, signal reversal, and optional increasing position size.
• The document mentions GBPUSD tests but supplies no performance figures to assess the results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.