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Twin Price Action 2 Candles 2 EMAs Pending MT4

📊 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 EMA)

  • ADX Filter: Skip trades if ADX < 10 (low volatility)

  • Spread Control: Avoid high-spread conditions

  • EMA Distance Check: No trades when price deviates excessively from EMA

🚀 Core Features of the EA

  1. Timeframe Flexibility: Supports M1 to H4 with filter customization

  2. Risk Management: Lot size based on capital, Max Drawdown control

  3. Adjustable SL & TP: Supports user-defined Risk:Reward ratios (e.g. 1:2, 1:3)

  4. Trailing Stop Mechanism: Locks profits as price trends in your favor

  5. 24/7 Automation: No need for screen monitoring, great for passive trading

🧭 Recommended Usage

  • Platform: MetaTrader 4/5 (MT5 recommended)

  • 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:

  • 85% win rate, Drawdown < 4%

  • $6,689 profit from $10,000 in 1-year backtest

❗ Limitations:

  • Only uses pending orders, which may miss fast market moves

⚙️ EA Parameter Summary

Core Strategy

  • TimeFrame = 30 Minutes

  • EMA_Slow = 320

  • EMA_Fast = 6

  • Candle_1_Body_Size = 227

  • Candle_2_Body_Size = 156

  • Wating_Pending_Mins = 400

Signal Filters

  • Spread = 40

  • ADX_Period = 11

  • ADX_Score = 20

  • Distance_near_EMA = 5100

  • Distance_far_EMA = 300

Risk Management

  • Lot_Devided = 200,000

  • SL = 2580 pips / TP = 2890 pips

  • Trailing Stop = 960 pips / Step = 400 / Start = 2000

Advanced Options

  • On_Recovery = false

  • Consecutive_losses = 2

  • Recovery_Lot = 2.0

💡 Example Lot Size Calculations

  • 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 pending order execution for high-probability trend reversals—fully automated.


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Allistair Kabelo Mandow
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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
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Eugen Funk
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The EA enters a position when the market starts moving around the New York session (higher volume). This way, the momentum is preserved by the volume and we can reach the Take Profit with high probability instantly. Signal   (292%, 10% DD):  https://www.mql5.com/en/signals/2274145 It Enters on Momentum Around New York Session The EA detects the hidden impulse via FVGs on lower time frames. When the impulse is detected closely before or during the New York session, the EA opens a position. It ma
Bitcoin Expert
Elif Kaya
5 (4)
Experts
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
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