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Candlestick pattern EA

Certainly! A candlestick pattern EA is an Expert Advisor that automates the process of identifying specific candlestick patterns on a price chart and making trading decisions based on those patterns. Candlestick patterns are formed by one or more candles on a chart and are used by traders to analyze price movements and make trading decisions.

 EA likely scans the price chart for predefined candlestick patterns such as the Hammer, Inverted Hammer, Three White Soldiers, and Evening Star. When it identifies one of these patterns, it can generate a signal to either buy or sell, depending on the pattern and its implications for future price movement.

For example, if the EA detects a Hammer pattern, which is a bullish reversal pattern, it might generate a signal to buy, anticipating a potential upward price movement. On the other hand, if it detects an Evening Star pattern, which is a bearish reversal pattern, it might generate a signal to sell, anticipating a potential downward price movement.

if the EA detects a loss from the previous trade, it should activate a recovery mode for both buy and sell directions. If the previous trade was a win, it should correct. This feature can help manage losses and potentially increase profits. Do you have specific rules or strategies in mind for how the recovery mode should work?

if use recovery mode set trailing stop = 0 

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Current price of $50 for a limited time! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an ideal candidate for CENT accounts and big balances. It
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
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Arseny Potyekhin
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Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
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