✔️ Japanese Candlestick Patterns EA ΜΤ4©: https://www.mql5.com/en/market/product/45732
✔️ Japanese Candlestick Patterns EA ΜΤ5©: https://www.mql5.com/en/market/product/45800
How to Test the Demo Version of the Japanese Candlestick Patterns EA MT5 in the MT5 Strategy Tester
(you will find the optimized set files at the bottom of this page)
Japanese Candlestick Patterns EA MT4/5 Backtests and new Optimized Set Files
RECOMMENDATIONS FOR DECEMBER 2024
For the Japanese Candlestick Patterns EA MT4/5 my current recommendation is to trade only these set files BTCUSD, DE40, EURNZD, GBPCAD, JP225, US500, USTEC, XAUUSD with a low 0.5% to 1% risk per trade.
You can find the Japanese Candlestick Patterns EA MT4/5 set files, along with detailed instructions and advice at the bottom of this guide.
Advice: None of my EAs are miracle products capable of predicting the market. Instead, they are honest, well-coded expert advisors designed to win more than they lose. They do not employ martingale or grid strategies, which means their results won't consistently show an upward profit curve; there may be ups and downs. Success with them requires patience and discipline. My general recommendation is to test all the provided set files in your strategy tester. If you discover any interesting results, consider making a purchase. I regularly optimize all my EAs and release new set files twice a year. Additionally, at the end of each month, I assess the performance of all the provided set files and offer new suggestions based on the symbols that have performed the best over the last 2-3 months. I advise you to trade only with the best-performing set files, limiting your risk to 0.5% or 1% per symbol, rather than using all of them.
Warning! If you plan to trade only 1 of my recommended set files, you could leave the Risk % per trade to the default 3%, if you want to trade 2-3 of these set files, I suggest to lower the Risk % to 1% but if you would like to trade all my recommended set files, I strongly suggest to put the Risk % per trade to 0.5% or even lower per symbol.
You will need approximately $100–150 per set file or symbol to trade with this EA. To trade all of my recommended set files with a low risk of 0.5% per symbol, you should have around $1000 to maintain a properly proportioned risk for your account.Please remember to check the server time of your broker in the MT4/5 platform by navigating to View >> Marketwatch window. All provided set files have been optimized for ICMarkets GMT+3 servers (GMT+2 in winter). If your broker operates on a different GMT, you should adjust the trading hours of the set files accordingly. For instance, if your broker's server time is GMT+0 in the summer, you need to shift all trading hours back by 3 hours, so if:
Start Hour: 12
Start Minutes: 00
End Hour: 22
End Minutes: 50
you need to change it to:
Start Hour: 9
Start Minutes: 00
End Hour: 19
End Minutes: 50
✔️ Japanese Candlestick Patterns EA ΜΤ4©: https://www.mql5.com/en/market/product/45732
✔️ Japanese Candlestick Patterns EA ΜΤ5©: https://www.mql5.com/en/market/product/45800
