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TSI_CCI Expert Advisor Triggered by Indicator Cloud Color Changes

Article MQL5 code base
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Summary

This document describes an Expert Advisor that opens trades when a bar closes and the TSI_CCI indicator cloud changes color. It identifies the signal timing and notes that the indicator file must be installed for the advisor to run. A trading library is mentioned as supporting brokers with nonzero spreads and stop-loss or take-profit settings alongside order entry.

The cited test uses default advisor inputs on USD/JPY at the four-hour timeframe during 2013, with no stop loss or take profit enabled. The document refers to deal and test-result charts but provides no numerical performance measures or description of the results, so profitability and risk cannot be assessed from the text. It also does not explain the indicator calculation, position sizing, exit rules, or how the cloud-color signal behaves in different market conditions. The trading rule is therefore only partially specified and requires independent testing before practical use.

Key ideas

  • The advisor enters trades when the TSI_CCI cloud changes color at bar close.
  • The document describes a 2013 USD/JPY four-hour test using default inputs.
  • No stop loss or take profit was used in the cited test.
  • The document gives no numerical performance results or complete account of exits and risk controls.

Tags

ForexTechnical indicatorsBacktestingExecution

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