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Gold Candle Bot

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Published: 26 December 2024

Current version: 1.30

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Overview
Reviews (23)
Comments (50)
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Gold Candle Bot

Name: Gold Candle Bot
Rating: 4.368421 (19 reviews)
Author: Maksim Kononenko

4.37

Experts
Maksim Kononenko
Version: 1.30
Updated: 25 January 2025

Candle Bot - is a simple and effective Expert Advisor (EA) for trading gold on the Meta Trader 5 platform.

The Expert waits for bar 1 to be a large candle and for bar 2 to be a small candle, then opens a position in the direction of the small candle. The direction of the small candle (bullish or bearish) does not matter.

Recommendations:

Currency pair: XAUUSD (GOLD).

Time frame: M1,M5,M30

Minimum deposit: $300 (recommended $1000)

Leverage: Any

Account type: Any(Better works on ECN)

IMPORTANT!!!NEW SET FILE FOR GOLD!!

All Information can find there

Telegram

and

Since the results differ from broker to broker, the default settings are configured for this broker.

Live Signal

Signal

Bot for Risk Balance

Balance Risk Bot

Risk Disclaimer

Trading involves risk. Backtest results are optimised and do not guarantee future performance. An EA may also incur losses due to glitches or incorrect inputs. Only trade with money you can afford to lose.

more...

npa373 2025.04.15 16:39 #

Love it thank you.

264

jacktate 2025.04.14 11:24 #

I’ve made some changes to the default settings and got much better results for my own GOLD m5 set. Big thanks to Maksim !

franklin_sergio 2025.03.27 21:23 #

Testing ir on a demo acc and is working pretty good! Some days ahead is gonna be on a real acc. Excellente EA, man. God job you've made!

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Bot-utility. Tracks the total balance on the trading account - that is, it works on all symbols and with magic number. Has a parameter: Balance Stop, % - balance trailing, as a percentage of the balance I created Balance Risk Bot specifically for Candle Bot , which will close all positions if the total deposit drops as a percentage. All Information can find there Telegram and My Broker XM Live Signal Signal

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Filter:

Renu Chatla 2025.04.16 04:11 #

Destroyed my Demo account funds in 2 days for 0.01 lot.

6125

Reply from developer Maksim Kononenko 2025.04.16 04:29 #

Join to telegram group there you can find Set files for different brokers

npa373 2025.04.15 16:39 #

Love it thank you.

6125

Reply from developer Maksim Kononenko 2025.04.15 16:42 #

Thanks for your review!!!I'm very glad if it helped you.

264

jacktate 2025.04.14 11:24 #

I’ve made some changes to the default settings and got much better results for my own GOLD m5 set. Big thanks to Maksim !

6125

Reply from developer Maksim Kononenko 2025.04.14 12:18 #

Thanks for your review!!!

Pyanz De Albuquerque 2025.03.28 12:28 #

Have download it & ran in demo acc... give a bit modification on input & back test with some good result... now test run for about a month & will give a review later for the result...

franklin_sergio 2025.03.27 21:23 #

Testing ir on a demo acc and is working pretty good! Some days ahead is gonna be on a real acc. Excellente EA, man. God job you've made!

6125

Reply from developer Maksim Kononenko 2025.03.28 09:37 #

Thanks!!!

[Deleted] 2025.03.27 03:26 #

User didn't leave any comment to the rating

6125

Reply from developer Maksim Kononenko 2025.03.28 09:37 #

Thanks for your review!!!

tikkyfn 2025.03.25 15:46 #

Great bot for XAUUSD!!

6125

Reply from developer Maksim Kononenko 2025.03.28 09:37 #

Thanks

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SRK Saini 2025.03.14 10:19 #

I tested this bot on a demo account. If the market is sideways, there is no better bot than this. But if the market follows a one-sided trend, your capital can disappear before you even realize it. While using this bot, you must also keep an eye on market news. That's why you should use this bot carefully and thoughtfully.

Ayebale John 2025.03.07 18:42 #

I am impressed by this Bot. Thank you so much for making this great work. May God bless you. I am following every conversation on telegram. You are so kind and helpful to everyone with questions and complaints even those who seem to be rude. Thank you. The World is better place with you in it.

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Reply from developer Maksim Kononenko 2025.03.09 16:13 #

Thanks for your review!!!

VICENTECICLO 2025.03.07 13:01 #

A very profitable advisor. Many thanks to the creator of the expert. The only thing I don't understand very well is the parameterization. I'm in the telegram group. Thanks

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Reply from developer Maksim Kononenko 2025.03.09 16:13 #

Thanks for your review!!!

Budi Lisdinanto 2025.02.27 08:28 #

this bot very good in sideways condition, but in long bullish/bearish trend this bot will always open position to the opposite direction of trend till all your money gone. if market bullish bot open sell, if market bearish bot will open buy... don't close your eyes if you use this bot...

noobfish888 2025.02.24 06:04 #

User didn't leave any comment to the rating

[Deleted] 2025.02.21 05:02 #

User didn't leave any comment to the rating

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Reply from developer Maksim Kononenko 2025.02.21 05:08 #

Thanks for your review!!!Sure send on PM

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Todo Muhamit Schaft 2025.01.24 21:21 #

Great free EA. And even better support of the dev. As always, first use it on demo accounts with a very low lot size to learn how the EA trades. If you like it, scale up.

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Reply from developer Maksim Kononenko 2025.02.01 16:28 #

Thanks. :)

Fionah01 2025.01.24 14:06 #

This EA is genius, I like it sm. Thanks a lot !

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Reply from developer Maksim Kononenko 2025.01.24 14:10 #

Thanks for your review!!!

kirirei 2025.01.21 18:42 #

User didn't leave any comment to the rating

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Reply from developer Maksim Kononenko 2025.01.21 19:53 #

I wrote to you in private messages and thanks for your review.

181425017 2025.01.21 16:48 #

its working perfect even in $100 account!! happy with the results

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Reply from developer Maksim Kononenko 2025.01.21 19:52 #

Thanks for your review!!!

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patrickdrew 2025.01.19 08:26 #

It works well - but builds a non-martingale grid. This is better than a martingale grid - but still has the possibility of building a huge grid with many orders in DD if the trend is strong in the wrong way.

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Reply from developer Maksim Kononenko 2025.01.19 10:16 #

thanks for the review but you are not right this is not a grid system this is a new signal for the strategy for alignment balance

Budenzauber 2025.01.18 13:48 #

I like it so far, but still testing.

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Reply from developer Maksim Kononenko 2025.01.18 13:50 #

Thanks for your review and good luck.

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gafforex 2025.01.15 16:50 #

So far so good. At the moment two weeks on real account working well.

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Reply from developer Maksim Kononenko 2025.01.16 19:32 #

Thanks for your review.

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Version 1.30 2025.01.25

Comment added

Version 1.20 2025.01.18

Fixed bugs
New option
New filters
NEW!!! Set file for GOLD.

Version 1.10 2025.01.01

Added:
Time filter.
Set for Oil.
Percent for deal.