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Doji Finder MT5

30 USD

Demo downloaded: 110

Published: 8 November 2020

Current version: 1.0

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Doji Finder MT5

Experts
Alexander Nikolaev
Version: 1.0
Activations: 5

The Expert Advisor identifies Doji candles on the chart and opens trades when they appear (if they meet the specified parameters). In addition, the EA can also trade with the Engulfing candles. It can display the candles it is trading on, it also shows how the signal candle is set up. The exact settings of the signal candles can be changed and optimized. Also, the Expert Advisor has settings for additional indicators for filtering trade entries and can analyze trading volumes, so that, for example, do not take into account signals when there was little volume.

The EA sets stop loss and take profit, can use trailing stop, trade on various currency pairs and timeframes with appropriate preliminary optimization of parameters.

Input parameters

Lots - lot size (at 0, the lot will be calculated from the percentage of free funds on the account);
Percentage of free money - percentage of free funds to open each new deal (works when Lots = 0);
IncLotAfterProfit - increase the lot after the profitable closing of the previous deal;
DecLotAfterLoss - decrease the lot after unprofitable closing of the previous deal;
OrdersComments - a comment to deals;
OrdersFilling - change the way of order execution (some brokers may not support all methods);
Slippage - slippage (maximum permissible price deviation);
OpenOrdersDelayBars - delay between opening the next deal;
MaxSpread - maximum spread for opening a trade (so that a trade is opened when the spread is not higher than this value);
Magic - a unique identifier (you need to make it different if several Expert Advisors are running in one terminal);
StopLoss - order closing price when the loss level is reached;
TakeProfit - order closing price when the profitability level is reached;
EnableAutoClose - automatic closing of orders upon an opposite signal;
TrailingStopValue - the value of the trailing stop in points, if the value is set to 0, then the trailing stop is not used;
StopToParabolicStep - parabolic step for trailing stop (0 - do not use parabolic trailing);
MinLongShadowPercent - the minimum length of the shadow of a Doji candlestick for opening a trade (as a percentage of the entire candlestick, 1-99%);
MaxCandleBodyPercent - maximum body length of the Doji candlestick (0.1% - 20%);
CountLastCandles - the number of previous candles in one direction before the Doji reversal (1-10);
MinCandleLenghtPercent - minimum length of the Doji candlestick as a percentage of several previous ones (0, off, 1-200%);
EngulfingBodyPercent - When greater than 0, "engulfing" signals are searched for, the parameter indicates by how many percent the body of the signal candlestick should overlap the body of the previous one;
MinCandleVolumePercent - Minimum volume difference as a percentage of previous candles (0.0 - do not use volumes);
FastMAPeriod - period of the Moving Average indicator for filtering signals (0 - do not use MA filtering);
SlowMAPeriod - period of the second Moving Average indicator for filtering signals;
AppliedPriceMA - used price type for the Moving Average indicator;
StochasticFilterPeriod - Stochastic indicator period for filtering trades (0 - do not use filter by Stochastic indicator);
StochasticSlowing - slowing down of the Stochastic indicator;
StochasticLevels - levels of the Stochastic indicator (1-99);
AdxPeriod - period of the ADX indicator;
MinAdxLevel - the minimum level of the ADX indicator (for example, 6.5);
Trading start hour - trading start hour;
Trading end hour - trading end hour;
EnableInfo - show some information and parameters of found Doji candles;
ShowExampleCandle - show examples of candles for trading, the settings of which are specified by the MinLongShadowPercent and MaxCandleBodyPercent parameters.

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A breakout of a trend line, as well as a high or low, usually signals a change (or continuation) of the trend. This indicator displays lines at the highs and lows of the price, as well as finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable alerts). This indicator is easy to use, however, there are many trading strategies that are based on trendline breakouts. The number of ca

30 USD

This indicator forms a channel based on the readings of the ADX (Average Directional Movement Index) indicator, displays and informs the trader of a price reversal at the boundaries of this channel, and can also report when the price touches the channel boundaries. It also draws additional dotted lines, which depend on the readings of the + DI and -DI of the ADX indicator. It also has an option for filtering signals depending on the readings of the stochastic. The channel drawn by this indicato

FREE

The Expert Advisor opens and closes positions using Bollinger Bands signals: it buys on lower bands when price rolls back, and it sells on upper bands. It has the option to close positions by an opposite signal, by take profit and stop loss, move a trade to breakeven upon reaching the central Bollinger band or after a certain price movement. Many good strategies use one or more Bollinger Bands indicators. In this EA, it is possible to use up to 3 such indicators. When using the first and second

30 USD

The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can

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This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor. For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788 The free version does not provide the ability to use multiple indicat

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This EA trades with the trend using several methods to identify and enter a trade. For example, it uses trendlines, Gator and Stochastic indicators to analyze the market. In addition to trading, it can also display trend lines that it trades based on. It has filters for ADX and MA indicators, as well as a sufficient number of settings to be able to optimize on various currency pairs and timeframes. The EA sets stop loss and take profit for each trade, does not have risky trading methods. It i

15 USD

Free indicator to quickly detect trendline breakouts and high or low of a price range. It displays lines based on the highs and lows of prices, and also finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable an alert). This indicator is easy to use and also free. The number of candles for defining trend lines as well as the high and low of the trading range is configurable. It w

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The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator: https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann

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ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design

FREE

The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th

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The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters

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This EA finds technical analysis patterns that often appear before a trend reversal: Double Bottom, Triple Bottom, Head and Shoulders and their opposite counterparts. The Expert Advisor is able to identify them on the chart of a currency pair and trade when the pattern has been formed and it has been broken through. Also, in order to trade excluding unnecessary signals (for example, with weak volatility), you can adjust and optimize the readings of some indicators (Stochastic, ADX) and the filte

30 USD

This EA is easy to use, it does not have too complicated settings and algorithms for performing trading operations. It’s not optimized for long, it may appeal to those who recently decided to engage in trading on the exchange with the help of advisers, or who do not want to understand the settings for a long time. The basis of his work is several indicators (moving average, RSI, stochastic, ATR). Despite its simplicity, it has a custom trailing stop function, which can reduce the risks for a dep

10 USD

Volume levels are an important indicator for stock trading. In the past, most of the trades were made at these levels, or these trades were made by large traders. In the future, the price often bounces off such levels, and this can be successfully applied in trading. This Expert Advisor is able to determine volume levels based on trade in history. It is based on an indicator that displays levels: https://www.mql5.com/en/market/product/65562 , but besides displaying, it can trade from levels. In

30 USD

This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version , it analyzes only 1 timeframe. The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading. Input Parameters Lots - lot size (if Lots=0, then the lot will be calculated based on th

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This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1). The EA can be used on time

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A trader cannot always discover what the last closed bar is by volume. This EA, analyzing all volumes inside this bar, can more accurately predict the behavior of large players in the market. In the settings, you can make different ways to determine the volume for growth, or for falling. This adviser can not only trade, but also visually display what volumes were inside the bar (for buying or selling). In addition, it has enough settings so that you can optimize the parameters for almost any ac

30 USD

The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra

FREE

This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato

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Moving averages are very often used for analyzing currency pairs and trading. This Expert Advisor can analyze many moving averages at once and trade based on this. When the required number of moving averages signal a purchase, the adviser makes a purchase, if the indicators signal a sale, the advisor sells. Also, there is filtering spurious signals at low volatility based on the ADX indicator. In the settings of the adviser, you can set the required number of sliding ones, their period (the init

15 USD

This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;

FREE

This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast

10 USD

The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher

FREE

Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param

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The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic

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Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current

30 USD

Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t

30 USD

Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand

30 USD

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