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Candle EA MT5

580 USD

Demo downloaded: 1 420

Published: 4 October 2023

Current version: 2.20

Candle EA MT5

Name: Candle EA MT5
Price: 580.00 USD
Rating: 3.7142856 (21 reviews)
Author: Mansour Babasafary

3.71

Experts
Mansour Babasafary
Version: 2.20
Updated: 5 October 2024
Activations: 10

This expert is based on patterns
The main patterns of this specialist are candlestick patterns
Detects trends with candlestick patterns
It has a profit limit and a loss limit, so it has a low risk
The best time frame to use this expert is M30 time frame
The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs

Attributes:

Can be used in the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs
Can be used in M30, H1, H4 time frames
Has profit limit and loss limit
Without using risky strategies like martingale or hedge
According to FIFO rules
Can be used with low capital
Various capital management strategies
Can be used in prop companies

Minimum tested capital	100$
Minimum tested leverage	50
best brokers for this expert	Big and well-known brokers
best currency pairs for this expert	EURUSD , GBPUSD , AUDUSD , USDCAD
best time frames for this expert	M30 , H1 , H4

Settings:

magic Number: If you want to use several experts at the same time, this setting is useful for you. Each expert must have a different magic number.
Order Long: If you want to disable long (buy) trades, this setting is useful for you. By default, long trades are active
Order Short: If you want to disable short (sell) trades, this setting is useful for you. By default, short trades are active
comment: If you want to distinguish the trades of this expert from other experts, this setting is useful for you.
Risk: This setting is useful for all traders. The best amount of risk is 2%. In the beginning, don't take too many risks
Set the Lot value manually: If you want to set the lot value manually (not automatically in the settings above), this setting is useful for you. Specify the lot amount so that the expert trades the same amount in each trade.
take Profit : If you want to set the profit limit yourself, this setting is useful for you. These settings are based on points.
stop Loss :If you want to set the loss limit yourself, this setting is useful for you. These settings are based on points.
Breakeven Enable: If you want to use breakeven settings, activate this option. Protect the profit earned in each trade using these settings. Search the internet for more information.
Breakeven: Determine the break ion value. This setting is based on points. After reaching this amount of profit, the expert equalizes the loss limit with the entry price in the trade. (Your risk becomes zero.)
Max Spread : If your spread broker amount is high, this setting is useful for you. If the value of your spread broker is higher than these settings, it will not trade. This setting is based on points.
trailing stop: If you want to take care of your profit, this setting is useful for you.
days of the week: If you want the expert not to trade on some days, this setting is useful for you.

Frequently Asked Questions:

Does this expert comply with FIFO rules?
Yes, this expert is fully compliant with FIFO rules.
Can this expert trade at the same time in the 4 currency pairs you mentioned?
Yes, this expert can trade simultaneously in all currency pairs and all time frames.
Does the expert also trade with symbols that have suffixes, such as "EURUSD.c" or “EURUSD.b” or “Gold” or “EURUSD.a” or…, or does it require special settings?
This expert automatically recognizes the symbol and trades. No special settings are required. If the gold symbol in your broker has a prefix or suffix, don't worry.
Will you be updating Expert in the future?
Yes, we update the expert every 1-2 months and put it on the site. If you have any suggestion or criticism, be sure to tell us so that we can fix the problem in the next version.
Are the updates free?
Yes, updates are free for those who have purchased or rented Expert. We will put the new update on the site and Metatrader.
Can this expert be used in other symbols?
You can run this expert in other symbols. Expert also trades. But the results of other symbols are not like the symbols we have proposed
What is the average number of trades?
The number of trades in backtest and live are exactly the same. So you can see the number of trades in the backtest with your desired settings.
For example, in the last month, then you will get the answer. The average number of trades in live is the same as the average number of trades in the backtest.
Because of the different settings, I can't say one number that is the same for all buyers. So based on your settings, you can find the average.
Should the expert be active all the time (24/7)? Does that mean I have to use VPS?
There is no need, you can only run the expert as many times as you want. But if Expert Trade is open, it is better not to close it. So if you use VPS, it is better.

Click here to view all the help pages

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148

bigtunes 2024.02.28 12:59 #

UPDATE from my first review:

Now I can say more about this EA and I'm very happy with it! I made a summary from 29.01.2024 to 15.07.2024 in my live account (18k€) and there are 2172,50€ profit and -399,47€ in loss. I had Swap costs about 56,01€ and no larger Drawdown than 5% from this EA. The EA opened 106 trades and closed 96 in positive direction, the other with loss; but they were closed and protecting me from Drawdown. I'm sorry but there is no way to upload pictures in the review, but you can follow my NAGA account (bigtunes) for see the results.

The EA was set from me to four currency pairs with 3% risk setup; EUR/USD (21 trades, 301,99€ profit), USD/CAD (29 trades, 674,74€ profit), GBP/USD (31 trades, 471,63€ profit sum) and AUD/USD (25 trades, 324,67€ profit sum). This means a profit of 9,54% without any trouble and the EA runs smooth for 4.5 months (not the hole time). Maybe the backtest results are little over optimised but the EA works profitable and doesn't make risky thinks which kills your account. I can recommend the EA and the programmer, the support was friendly and with continiously fast responds.

Trent Meadows 2024.02.02 10:14 #

The author is very active and responsive. Thank you for your hard work

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EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p

2 600 USD

Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:

993.99 USD

Expert Golden Ai Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in Gold (XAUUSD) currency pair and 3 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the lowest

355 USD

Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the low

790 USD

355 USD

Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg

2 580 USD

A trend based expert This expert predicts the future by using trend patterns and trend indicators and short-term and long-term calculations. Trends change quickly in lower time frames, so this expert is suitable for M30 and above. In this expert, we tried to use currency pairs that are aligned with our strategy. Best currency pair: Euro Dollar In this expert, dozens of different indicators and dozens of different strategies (the main ones are trend-based strategies) are used. Attributes

430 USD

This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs Attributes: Can be used in the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs Can be used in M30, H1, H4 time frames Has profit limit an

580 USD

This expert is the newest expert of our team. We want to implement the latest market strategies in it. A long-term project of several years If you want to be a partner in the development of this expert, you can buy it at a very low price. An expert based on mixed strategies We will combine several strategies in this expert Price action, patterns, waves, maybe even artificial intelligence and... Attributes of Version 1.0: Can be used in the GBPUSD and USDCHF , AUDUSD currency pairs Can b

190 USD

430 USD

Candle based EXPERT The signal is based on the number of bullish and bearish candles Interesting and useful result Can be used in all currency pairs and all time frames Can be used in all markets completely free Fast and simple Do not forget to use in each currency pair (or broker), first find the best settings for that currency pair (through optimization method in Meta Trader 4). Settings: Period: The number of candles used to predict the future. Signal: Specifies the trading time. Yo

FREE

A combined indicator of two famous indicators: RSI , Bollinger Bands Can be used in all currency pairs Can be used in all time frames with many signals Very simple and fast to use Description: This indicator is made from the combination of RSI and Bollinger Bands indicators As you can see, it shows good signals and is worth using and testing We hope you are satisfied with this indicator Settings: show past show candle: Displays the number of candles that the indicator calculates. For

FREE

3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : Can be used in the EURUSD , AUDUS

655 USD

FREE

190 USD

An indicator based on candlestick patterns To catch short-term and long-term trends If it gives a signal in the direction of the trend, it is long term And if it gives a signal in the opposite direction of the trend, it is short term Too many signals Can be used in all symbols Can be used in all time frames Attributes: Too many signals Can be used in all symbols Can be used in all time frames Simple settings Simple and fast usage With author lifetime support Settings: Candle back: Th

30 USD

An expert based on the Accelerator indicator. Without any additional filters Interesting and useful result Can be used in all currency pairs and all time frames Can be used in all markets completely free Fast and simple With the support of the author Settings: Signal: These settings are related to the "Accelerator" Indicator. When that indicator reaches this value, the expert trades. Meta Trader Alarm: If you want to receive an alarm through Metatrader after each trade, enable this sett

FREE

30 USD

655 USD

Filter:

Brian Le 2024.07.13 12:35 #

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Yukio Kusakabe 2024.05.30 07:53 #

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Steven Woods 2024.05.29 17:33 #

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John Rose 2024.05.22 19:13 #

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Matthew Walsh 2024.05.21 09:55 #

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victorgfa 2024.04.29 09:53 #

I rented this ea in April, after doing many backtests for many months (I think since August/23) The average of the backtests surprisingly good, around 8% a month with only 0,5% risk in EURUSD m30, with 70% win rate with low dd (I use for prop firms) But that was a BIG deception for April, I LOST money, with win rate around 44%, risk reward 1, on same settings, this is absurd, i am pretty sure that the owner manipulated the backtests (many people here say that same) or changed the patterns on the ea for worse, because the results were very bad. Just to aware for future buyers that this ea is NOT trustable and it will loose (literally) your money! Be aware of that!

Boldbaatar Shagdar 2024.04.26 06:47 #

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Ali sen 2024.04.24 16:56 #

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Robert Miles 2024.04.04 09:45 #

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George Newman 2024.04.03 10:54 #

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Ken Goyette 2024.04.02 10:08 #

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1059

Dae Neung Kim 2024.02.29 11:39 #

No trading profits for 45 days. Not used anymore.

The entry point is very bad (check comments).

148

bigtunes 2024.02.28 12:59 #

UPDATE from my first review:

Ismail Heng 2024.02.04 17:26 #

User didn't leave any comment to the rating

Philip Harrington 2024.02.03 12:47 #

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Trent Meadows 2024.02.02 10:14 #

The author is very active and responsive. Thank you for your hard work

Joseph Ramsey 2024.02.01 09:15 #

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242

Extoflex 2024.01.31 22:06 #

Bisher habe ich mit diesen expert mehr Verluste als Gewinne gemacht sollte sich das ändern werde ich eine andere Bewertung abgeben.

Update: selbst nach den vorgegeben set Dateien ist der ea nicht profitabel. die backtest Ergebnisse scheinen arg manipuliert/über oprimiert zu sein.

Ich werde mit Absicht keine Updates machen um zu sehen wie schlecht dieser ea ist.

15247

Reply from developer Mansour Babasafary 2024.02.04 15:36 #

Hi dear friend. Please use the settings we have placed on the site.
You can run several experts at the same time. You can also message me for more information and help.

Luka Point 2024.01.31 13:32 #

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Elijah Stone 2024.01.30 09:34 #

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1 2 3

Version 2.20 2024.10.05

Strategy and patterns updated.

The setting of the maximum DD value was added to the expert.
To learn more about these settings, read the Settings Help page.

Version 2.10 2024.07.29

Added notification settings:
If you wish, enable this setting to receive a notification on your computer or mobile when the expert trades.

Added "maximum spread" settings to Expert:
If your broker's spread is greater than this number, expert will not trade.
These settings are suitable for when the market has strong fluctuations (such as news) or when the market is closed (brokers increase the spread), and it prevents the expert from doing trades with a large spread.

Version 2.0 2024.05.31

Prop form settings were added to Expert
From now on, you can use this expert in prop accounts.

Version 1.90 2024.03.24

A bug has been fixed.
Thank you for your cooperation, dear customers

Version 1.80 2024.03.19

A big change:
Strategy and patterns have been updated. According to the latest Forex market patterns (2024)

Trailing stop settings have been added to Expert.

0.5% risk has been added to the settings.

Weekday settings have been added to Expert.

The problem of foreign currencies (such as Japanese yen) has been resolved.

Anti-Martingale capital management settings have been added to Expert.

A small bug has been fixed.

For more information about the settings, you can read the settings guide page.

Thank you for your cooperation and patience, dear buyers.
The programmer team will do their best to get your satisfaction.

Version 1.70 2024.01.09

Added 1 and 1.5% risk to settings.
A small bug was fixed.
Added some candlestick patterns to our strategy.
Thank you for your cooperation, dear buyers

Version 1.60 2023.12.23

Several capital management strategies were added to Expert:
dubbing
Dubbing pad
R to different R

Version 1.40 2023.12.12

The strategy was updated

Added a setting to increase the number of trades

Version 1.20 2023.12.06

A very big update.
3 currency pairs were added to Expert:
GBPUSD, AUDUSD, USDCAD

Two time frames were added to Expert:
M30, H4

Several different strategies were added to Expert:
Long, short, type 1, type 2, type 3