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Candle Forms


Candle formations are used as strategy. A total of 5 different formations are located in 1 robot. It includes; "Double Engulf", "Bull/Bear Traps", "Three Black Crows/Three White Soldiers", "Pinbar + Engulf" and my favorite "Magic Pattern" formations. You can open and close each one as "True (Open)" or "False (closed)".

When opening Buy or Sell trade operations, you can enter the Take Profit and Stop Loss values ​​yourself as points, or you can enter the coefficient to use the Average True Range (ATR) value. My suggestion to you is to use ATR values. Because, as you know, ATR values ​​are calculated separately for each parity.

If you want the robot to use the Martingale system while running, just make the "Use Martingale" option "True (Open)". In addition, there is a Take Profit option for each parity. If you write 10 dollars to "TP Target ($)" option, it will automatically close when the transaction reaches $ 10 and expects a new formation.

The LotSize value is default as "0.01" lot. You must set the LotSize setting yourself according to your account balance.

The Forex market is a high -risk market. Do not use your Robot called Candle Forms in a real account without trying in the demo account. You can make a good start with the set I have given you, you can update your settings as you use it.

Good luck...

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Eternal Engine EA is an advanced Expert Advisor that utilizes multiple indicators and strategies, providing traders with a comprehensive automated trading tool. It offers numerous trading opportunities, is not sensitive to spreads, and employs strict entry points to precisely initiate each trade. The strategy has proven itself in real market, with a year-long real-time signal of low DD.Whether you're a beginner or an experienced trader, Eternal Engine EA offers an exceptional trading experience.
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Version 3.60 2024.09.05
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Version 1.35 2024.07.29
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