About the RSI & CCI Divergence Expert Advisor
The RSI & CCI Divergence Metatrader 4 Forex Robot is an MT4 expert advisor that executes buy and sell positions when there is divergence between price and RSI or CCI.
This divergence trading robot is built to trade and manage positions emanating from such divergences automatically or on autopilot.
The RSI & CCI Divergence expert advisor trades only with the price of the open candle.
It allows users to specify the quality of the divergence they need to find.
This EA works best on timeframes from H1 up to the daily chart.
Free Download
Download the “RSI&CCI DIVERGENCE V1.mq4” MT4 robot
Key Features
Divergence Detection
The EA identifies divergence between RSI and CCI indicators, signaling potential trend reversals.
Automated Trade Execution
Executes trades automatically when divergence conditions are met, reducing manual intervention.
Customizable Settings
Offers adjustable parameters for risk management, stop loss, take profit, and lot size to suit individual trading preferences.
Multi-Timeframe Compatibility
Compatible with various timeframes, allowing traders to apply the EA across different trading strategies.
Real-Time Alerts
Provides real-time alerts when divergence signals are detected, keeping traders informed of potential trading opportunities.
Strategy Tester Report
Find below the RSI & CCI Divergence forex robot strategy tester report for the GBP/USD forex pair on the daily chart.
Key Performance
With controlled consecutive losses and a stable win rate, the EA showcases reliable performance under various market conditions.
The EA made a total profit of $10692.70 from a total of 269 trades.
The largest winning trade generated $805.50 in profits, while the largest losing trade generated a loss of $302.84.
Statistics:
Bars in test: 2411 ticks modelled
Initial deposit: $10000.00
Total net profit: $10692.70
Total trades: 269
Largest profit trade: $805.50
Largest loss trade: -$302.84
Consecutive wins: 2
Consecutive losses: 2
How the EA Works
- Monitors price action alongside RSI and CCI indicators.
- Detects divergence between price movements and indicator trends.
- Generates buy or sell signals based on identified divergence.
- Executes trades automatically when conditions are met.
- Manages open trades with user-defined risk parameters.
Download Now
Download the “RSI&CCI DIVERGENCE V1.ex4” Metatrader 4 robot
Parameters & Settings
- RSI_Period — period for the RSI indicator.
- CCI_Period — period for the CCI indicator.
- Divergence_Threshold — sensitivity level for detecting divergence.
- StopLoss — stop loss level in pips.
- TakeProfit — take profit level in pips.
- LotSize — trade lot size.
- Risk_Percent — percentage of account balance risked per trade.
- MagicNumber — unique identifier for trades placed by this EA.
Recommended Trading Setup
- Pairs: EUR/USD, GBP/USD, USD/JPY for liquidity and low spreads.
- Timeframes: M15, H1, and H4 for optimal trade identification.
- Broker: ECN or low-spread broker recommended for accuracy.
- Account Type: Standard or ECN with fast execution.
- Risk Management: 1–2% per trade for account stability.
FAQ
Can this EA be used on all currency pairs?
Yes, it is compatible with major, minor, and exotic currency pairs, but performance is best on major pairs.
How do I install the EA?
Copy the .ex4 file into the MT4 Experts folder, restart MT4, and attach it to your chart.
Is it suitable for beginners?
Yes, but beginners should use a demo account first to familiarize themselves with the settings.
Does it work on all timeframes?
Yes, but M15, H1, and H4 provide the most reliable performance.
Can I adjust risk/reward settings?
Absolutely. The EA allows full customization of stop loss, take profit, and risk per trade.
Summary
The RSI & CCI Divergence MT4 Forex Robot is a disciplined automated trading solution that optimizes every trade according to predefined risk and reward parameters.
It combines automated execution, adaptive trade management, and multi-pair compatibility to help traders maintain consistency.
By adjusting the EA’s inputs to match account size and market conditions, traders can achieve steady performance while controlling risk.
Download the free version today, test it on a demo account, and implement it in your trading strategy to capture profitable opportunities efficiently.
