Steve Cartwright Trader Camel CCI MACD
This EA combines CCI (Commodity Channel Index) and MACD indicators to generate momentum-based trade signals. It enters trades when both indicators align in the same direction, confirming momentum strength. The system uses fixed lot sizing with stop loss and take profit for each trade.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | No trades |
| GBPUSD | -0.00% | -0.00% | 0.17% | 1 | 0.00% | — | — | — | — | Too few trades |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | No trades |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | No trades |
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Blow-up risk: No blow-up pattern found
None of the usual blow-up patterns were found in the code, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
The strategy core concept is a dual-indicator momentum trading system based on CCI and MACD confluence. Entry conditions require the CCI indicator to breach overbought/oversold thresholds while the MACD histogram aligns in the same direction, forming a multi-signal confirmation. Long entry: CCI crosses up from oversold zone and MACD histogram is positive or MACD golden cross above zero line; Short entry: CCI crosses down from overbought zone and MACD histogram is negative or MACD death cross below zero line. Exit conditions rely on fixed stop loss and take profit settings, with some versions potentially including a trailing stop function. Position sizing uses a fixed lot model without dynamic adjustment based on account balance or market volatility. Money management is relatively basic, lacking risk-percentage-based position calculation and advanced mechanisms such as maximum position limits or equity protection stops.
Strengths
- Dual-indicator confluence filters false signals and improves entry accuracy
- Fixed stop loss and take profit settings provide controllable risk per trade
- Clear and concise strategy logic that is easy to understand and optimize
- CCI and MACD complement each other, combining overbought/oversold with trend momentum
Weaknesses
- Fixed lot sizing does not adjust to account size, resulting in low capital utilization
- Lacks new bar check mechanism, potentially opening duplicate positions on the same bar
- No spread filter, widened spreads during high volatility sessions can erode profits
- Lacks multi-timeframe confirmation, single timeframe signals may produce false breakouts
- Both CCI and MACD are lagging indicators, entry timing may be delayed
Possible improvements
- Add dynamic position sizing based on account balance percentage instead of fixed lots
- Implement multi-timeframe confirmation, such as H4 trend direction with H1 entry signals
- Add spread filter and new bar check to avoid trading under unfavorable conditions
- Add trailing stop and partial close functionality to optimize profit management
Risk assessment
Overall risk: Medium
- Lack of new bar check may cause duplicate position openings on the same bar
- Fixed lot sizing does not scale with account growth, leaving large accounts underexposed while small accounts may be over-leveraged
- No maximum position limit or account equity protection mechanism
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
Lots | 0.1 | Fixed trading lot size |
StopLoss | 50 | Stop loss in points, limits max loss per trade |
TakeProfit | 100 | Take profit in points, locks profit target per trade |
CCI_Period | 14 | CCI indicator period |
MACD_FastEMA | 12 | MACD fast EMA period |
MACD_SlowEMA | 26 | MACD slow EMA period |
MACD_SignalSMA | 9 | MACD signal SMA period |
CCI_Overbought | 100 | CCI overbought threshold |
CCI_Oversold | -100 | CCI oversold threshold |
TrailingStop | 0 | Trailing stop in points, 0 to disable |
MagicNumber | 12345 | Magic number for closing, 0 for all positions |
Timeframe | H1 | RSI timeframe, 0 for current chart period |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.