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John Wick Price Action Long Wick MT4

🔄 Reversal Price Action Strategy: Long Wick

myfxbook 

🔍 1. Long Wick Reversal Candle Signal

This EA strategy is based on long wick candlestick patterns—indicating strong market rejection or momentum shift:

  • Buy Entry: Bullish candle with long lower wick + closes above EMA

  • Sell Entry: Bearish candle with long upper wick + closes below EMA

🧱 2. Signal Filtering for Accuracy

  • EMA Filter: Buy above EMA, Sell below EMA

  • ADX Filter: No trade if ADX < 10 (low trend strength)

  • Spread Control: Avoid trades during high spread conditions

  • Distance from EMA: Avoid entries when price deviates significantly from EMA

🚀 EA Core Features

  1. Customizable Timeframes: Supports M1 to H4 with adjustable filters

  2. Risk Management: Lot sizing based on equity, Max Drawdown control

  3. Adjustable SL/TP: Supports dynamic Risk: Reward settings (e.g. 1:2, 1:3)

  4. Trailing Stop System: Secures profits as the trend progresses

  5. 24/7 Automation: No screen monitoring required, ideal for passive trading

🧭 Recommended Setup

  • Platform: MetaTrader 4/5 (MT5 preferred)

  • Timeframe: M30, 6 set files avilable for M1, M5, M15, M30, H1 and H4

  • Currency Pair: XAUUSD (Gold vs USD)

  • Minimum Capital: $100 (>$1,000 recommended)

  • Broker: Reliable with low spread

✅ Strengths & ❗ Limitations

✅ Strengths:

  • Over 65-93% win rate

  • Drawdown < 3% on $10k capital

  • $8,600 profit from $10k in long-term backtest

❗ Limitations:

  • Lower trade frequency due to strict long wick pattern criteria

⚙️ EA Parameter Overview

Core Strategy

  • TimeFrame = 30M

  • EMA_Period = 150

  • Wick_Percent = 68

  • Size_candle_1_pips = 110

  • Size_candle_2_pips = 125

Signal Filters

  • Spread = 25

  • ADX_Period = 38

  • ADX_Score = 10

  • Distance_near_EMA = 6000

  • Distance_far_EMA = 0

Risk Management

  • Lot_Devided = 200,000

  • SL = 2000 pips / TP = 1160 pips

  • Trailing Stop = 770 pips, Step = 120, Start = 890

Advanced Options

  • On_Recovery = false

  • Consecutive_losses = 2

  • Recovery_Lot = 2.0

💡 Lot Size Calculation Examples

  • Capital $10,000 → 10,000 / 200,000 = 0.05 Lots

  • Capital $1,000 → 1,000 / 100,000 = 0.01 Lots

  • Capital $100 → 100 / 200,000 = 0.01 Lots (rounded up)

📌 Precision trading with candlestick reversal logic—optimized for safety and long-term results.


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Eugen Funk
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Mansa Musa Flipping Robot
Allistair Kabelo Mandow
AFTER PURCHASE TEXT ME DIRECTLY FOR ASSISTANCE!!!! Manual & set files: contact me after purchase to receive the manual and set files Price: The price increases based on the number of licenses sold Available copies: 4 Manual & set files: contact me after purchase to receive the manual and set files Price: The price increases based on the number of licenses sold Available copies: 4 Trading gold, one of the most volatile instruments in the market, demands precision, in-depth ana
Bitcoin Expert
Elif Kaya
5 (4)
I just sell my products in Elif Kaya Profile , any other websites are stolen old versions, So no any new updates or support. - Lifetime update free -   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam Strategy Tester is not covered critical news. Bitcoin is a cryptocurrency, a
HFT Fast M1 Gold Scalper V8 EA
Martin Alejandro Bamonte
Dear traders, after having voluntarily removed the HFT FAST M1 GOLD SCAPER V6 EA a couple of months ago, and receiving hundreds of messages—having listened to both “camps”: those who asked me to tame the beast, and those who got very upset when I actually did limit it—I realized that both sides were right, but it’s impossible to please different types of traders with different styles and levels of aggressiveness in trading. After running tons of tests with this beastly EA, I concluded that the i
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Reversal Price Action Strategy: Long Wick myfxbook  1. Long Wick Reversal Candle Signal This EA strategy is based on long wick candlestick patterns—indicating strong market rejection or momentum shift: Buy Entry: Bullish candle with long lower wick + closes above EMA Sell Entry: Bearish candle with long upper wick + closes below EMA 2. Signal Filtering for Accuracy EMA Filter: Buy above EMA, Sell below EMA ADX Filter: No trade if ADX < 10 (low trend strength) Spread Control: Avoid trade
Price Action Stochastic indicator myfxbook :   1. Utilizing the Stochastic Indicator Signal This system detects crossover signals from the Stochastic Indicator within specific thresholds and uses the EMA (Exponential Moving Average) as a trend filter to identify high-probability entries: Buy Entry:   When Stochastic Main < 20, crosses above the Signal line, and price is above EMA → Enter Buy Sell Entry:   When Stochastic Main > 80, crosses below the Signal line, and price is below EMA → Ente
Price Action Strategy: Slope EMA myfxbook ==>  1. Utilizing Slope of EMA as a Signal This system monitors the slope of the Exponential Moving Average (EMA), waiting for price breakout from consolidation before confirming trend direction: Buy Entry:   When the EMA slope turns positive and price is above the EMA Sell Entry:   When the EMA slope turns negative and price is below the EMA 2. Signal Filters for Precision EMA Filter:   Buy only above EMA, Sell only below EMA ADX Filter:   Avoid
Price Action Strategy: 2 Candles 2 EMAs Pending myfxbook : 1. Trading Signal: 2 Candles 2 EMAs Pending This system detects reversal patterns from two consecutive candlesticks, and uses dual EMAs (fast and slow) to confirm trend direction: Buy Entry:   Red → Green candle + closes above fast EMA → Place Buy Limit Sell Entry:   Green → Red candle + closes below fast EMA → Place Sell Limit 2. Signal Filters for Accuracy EMA Trend Filter:   Trade in trend direction only (Buy above EMA, Sell
Price Action Strategy: Waterfall Pending myfxbook : 1. Waterfall Candle Signal Strategy This strategy detects large momentum candles—those significantly larger than the previous—and places pending orders in the direction of the expected continuation, confirmed by EMA: Buy Entry:   Strong downward candle + price above EMA → Place Pending Buy Limit/Stop Sell Entry:   Strong upward candle + price below EMA → Place Pending Sell Limit/Stop 2. Signal Filters for Accuracy EMA Filter:   Trade i
Price Action Strategy: Range Break Closed Pending myfxbook :  1. Break and Retest Candle Signal This strategy identifies breakout candles that close beyond support/resistance levels. Once confirmed, pending orders are placed at the breakout range level, with EMA trend filtering: Buy Entry:   Breaks above resistance + closes above range + above EMA → Place Buy Limit at highest range Sell Entry:   Breaks below support + closes below range + below EMA → Place Sell Limit at lowest range 2.
Price Action Stochastic indicator myfxbook :   1. Utilizing the Stochastic Indicator Signal This system detects crossover signals from the Stochastic Indicator within specific thresholds and uses the EMA (Exponential Moving Average) as a trend filter to identify high-probability entries: Buy Entry: When Stochastic Main < 20, crosses above the Signal line, and price is above EMA → Enter Buy Sell Entry: When Stochastic Main > 80, crosses below the Signal line, and price is below EMA → Enter S
Price Action Strategy: Slope EMA myfxbook ==>  1. Utilizing Slope of EMA as a Signal This system monitors the slope of the Exponential Moving Average (EMA), waiting for price breakout from consolidation before confirming trend direction: Buy Entry: When the EMA slope turns positive and price is above the EMA Sell Entry: When the EMA slope turns negative and price is below the EMA 2. Signal Filters for Precision EMA Filter: Buy only above EMA, Sell only below EMA ADX Filter: Avoid entries
Price Action Strategy: 2 Candles 2 EMAs Pending myfxbook : 1. Trading Signal: 2 Candles 2 EMAs Pending This system detects reversal patterns from two consecutive candlesticks, and uses dual EMAs (fast and slow) to confirm trend direction: Buy Entry: Red → Green candle + closes above fast EMA → Place Buy Limit Sell Entry: Green → Red candle + closes below fast EMA → Place Sell Limit 2. Signal Filters for Accuracy EMA Trend Filter: Trade in trend direction only (Buy above EMA, Sell below
Price Action Strategy: Waterfall Pending myfxbook : 1. Waterfall Candle Signal Strategy This strategy detects large momentum candles—those significantly larger than the previous—and places pending orders in the direction of the expected continuation, confirmed by EMA: Buy Entry: Strong downward candle + price above EMA → Place Pending Buy Limit/Stop Sell Entry: Strong upward candle + price below EMA → Place Pending Sell Limit/Stop 2. Signal Filters for Accuracy EMA Filter: Trade in tren
Price Action Strategy: Range Break Closed Pending myfxbook :  1. Break and Retest Candle Signal This strategy identifies breakout candles that close beyond support/resistance levels. Once confirmed, pending orders are placed at the breakout range level, with EMA trend filtering: Buy Entry: Breaks above resistance + closes above range + above EMA → Place Buy Limit at highest range Sell Entry: Breaks below support + closes below range + below EMA → Place Sell Limit at lowest range 2. Sign
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