MMD CP (Cloud Passages) Expert Advisor

Automate Your Trading on Critical MMD Cloud Intersections - For MT4 & MT5!

The MMD CP (Cloud Passages) Expert Advisor (EA) is an advanced automated trading system for MetaTrader 4 and 5, built upon the core MMD methodology of identifying significant market zones created by cloud intersections. This EA automates the process of detecting and trading these "Cloud Passage" (CP) zones, where a faster MMD Cloud (e.g., 12-period) crosses through a slower MMD Cloud (e.g., 48-period), signaling potential shifts in market dynamics and offering high-probability trading opportunities.

By leveraging the logic of the MMD CP indicator, this EA eliminates the need for manual monitoring and allows for disciplined execution of strategies based on these powerful MMD setups. It combines precise zone identification with a comprehensive suite of trade management and risk control features.

Automated Trading with MMD Cloud Passage Logic

According to the MMD methodology, the crossings of moving average clouds through other moving average clouds (CP, PN, NZ zones) are significant market support and resistance zones. The MMD CP EA is engineered to:

• Automatically identify CP zones based on the interaction of three configurable MMD Clouds: Fast MA Cloud (defined by fastMAPerid_1/fastMAMethod_1 and fastMAPerid_2/fastMAMethod_2), Slow MA Cloud (slowMAPerid_1/slowMAMethod_1 and slowMAPerid_2/slowMAMethod_2), and a Trend MA Cloud (trendMAPerid_1/trendMAMethod_1 and trendMAPerid_2/trendMAMethod_2).
• Filter these zones based on their range (Min CP Range Points, Max CP Range Points) and context relative to the overall trend (Use CP with trend, Use CP opposite trend).
• Execute trades (BUY and SELL, only BUY, or only SELL, based on Trading Direction) when price interacts with a valid CP zone according to the EA's entry logic and defined distances (Distance to open first setup, Distance To CP To Open Setup).

The EA is versatile enough to define various types of MMD passages by configuring the respective MA periods, allowing you to trade classic CP, PN, or NZ setups automatically.

Key Features & Benefits of MMD CP EA

• Automated CP Zone Trading: Identifies and trades MMD Cloud Passage zones based on user-defined Fast, Slow, and Trend MA clouds.
• Contextual Trading Logic:
  • Option to trade CPs With Trend or Opposite Trend, determined by the relation of the Slow MA Cloud to the Trend MA Cloud.
  • Use MMD Filter: An additional filter based on a separate Fast and Slow MA cloud relationship on a chosen MA Time Frame to further align trades with MMD context.
• Flexible Entry & Setup Management:
  • CP Time Frame: Define the timeframe for CP zone calculation.
  • CP Look Back Bars: Set the historical depth for identifying CP zones.
  • Distance to open first setup [points] & Distance to open next setup [points]: Control proximity for trade initiation.
  • Distance To CP To Open Setup: Overall proximity filter for activating setups.
  • Max number of setups per CP: Limit trading activity per identified CP zone.
  • Min Distance Between Setups: Ensure adequate spacing between new trading setups.
• Advanced Order Grid System:
  • First Order Mode: Choose between a single_first_order, double_first_order, or triple_first_order placement strategy for initial entries.
  • Define up to 10 grid levels (Position Size 01-10) with individual lot sizes.
  • Open Shift Mode: Grid levels can be spaced based on fixed Points (Open Shift (Points) 01-10) or as a Range Multiplier (Open Shift (Range multiplier) 01-10) of the CP zone's height.
• Sophisticated Lot Sizing:
  • Dynamic lot sizing using Balance For Position [0 - off] (Lot_perBalance type logic). If 0, fixed lot sizes are used.
• Comprehensive Trade Exit & Risk Control:
  • Take Profit (TP):
    • TP Mode: Set TP in Points or as a Range Multiplier.
    • Initial TP Shift (Points/Range Multiplier): Defines the initial take profit target.
    • Move TP: Up to 4 stages (Move TP After Entry Position Nr 1-4) to adjust the TP target (TP Shift After Move in Points/Range Multiplier) as more grid orders are filled.
  • Stop Loss (SL):
    • SL Mode: Set SL in Points or as a Range Multiplier.
    • SL Shift from 01 (Points/Range Multiplier): Defines the stop loss distance from the first order in the grid.
  • Slippage control for order execution.
  • Break Even (BE) Function:
    • Move SL On BE: Enable to move SL to break-even.
    • BE Active (Points): Profit level at which to activate BE.
    • BE Shift From 01 (Points): How many points in profit to set the BE.
  • Safe Profit Function:
    • Use Safe Profit Function: Secure profits when nearing TP.
    • Min Opened Orders To Safe Profit, Max Dist To TP To Active Function, Dist To TP Back To Close Orders.
  • Max Daily Loss: Set a daily loss limit in account currency.
• Time-Based Filters:
  • Use Trading Time: Define specific days (Trade On Monday, etc.) and hours (Start Time, End Time) for EA operation.
  • Use CP Exclude Time: Ignore CP zones forming during specified inactive market hours (Exclude Start Time, Exclude End Time).
• Visuals & Interface:
  • Option to Plot CP zones on the chart with customizable colors (CP Color With Trend, CP Color Opposite Trend).
  • Option to display the underlying MAs on the chart (Add MA To Chart).
  • On-chart button (if Show Button is true) to toggle EA's trading activity (Initial Trading ON sets initial state). Button appearance and position are customizable.
• Unique Magic Number: Ensures EA manages its own trades distinctly (Magic Number, with startingMagicInit as base).
• License Management: Securely managed via DLL.

Automating MMD Cloud Passage Strategies

The MMD CP EA translates the analytical insights of the MMD CP indicator into a fully automated trading solution. It is designed to systematically execute strategies based on these high-probability MMD setups, managing entries, exits, and risk according to your precise settings.

This EA is particularly powerful for traders who want to apply MMD CP strategies across multiple instruments or timeframes without being tied to their screens, or for those looking to rigorously backtest and optimize CP-based approaches.

If you have any questions related to this product, write to the email address: support@magiconcharts.com.

We will be happy to answer your questions promptly.