Japanese Candlestick Patterns EA MT5
- Experts
- Juvenille Emperor Limited
- Version: 1.60
- Updated: 6 June 2024
- Activations: 20
Japanese Candlestick Patterns EA ΜΤ5 is a fully automated Expert Advisor with 8 built in strategies, based on the well known Japanese Candlestick Patterns. It has a unique number of settings that make it extremely versatile in all market conditions. This EA comes with new set files for many symbols/instruments, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary time adjustments to fit your broker/account.
Advice: None of my EAs are miracle products capable of predicting the market. Instead, they are honest, well-coded expert advisors designed to win more than they lose. They do not employ martingale or grid strategies, which means their results won't consistently show an upward profit curve; there may be ups and downs. Success with them requires patience and discipline. My general recommendation is to test all the provided set files in your strategy tester. If you discover any interesting results, consider making a purchase. I regularly optimize all my EAs and release new set files twice a year. Additionally, at the end of each month, I assess the performance of all the provided set files and offer new suggestions based on the symbols that have performed the best over the last 2-3 months. I advise you to trade only with the best-performing set files, limiting your risk to 0.5% or 1% per symbol, rather than using all of them. For my latest recommendations, please visit the backtests & set files blog by: clicking here.
Japanese Candlestick Patterns EA MT5 Settings/Inputs Guide | Japanese Candlestick Patterns EA MT5 Backtests & Set Files | Product Installation | Update of a Purchased Product
Features
- Martingale, Grid, Averaging or other dangerous techniques are not used
- 8 built in Strategies, based on the extremely reliable Japanese Candlestick Patterns
- Specially optimized set files for many symbols/instruments
- Hard and Virtual Take Profit and Stop Loss levels
- SL, TP, BE and Trailing SL levels in Percentage of the Average Daily Range
- Time and Price Level settings for maximum flexibility
- 100% automated Expert Advisor
- MQL5 VPS compatible
Check all my products: https://www.mql5.com/en/users/eleanna74/seller
Contact me for support: https://www.mql5.com/en/users/eleanna74
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So good!