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Doji Finder MT5

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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Dilwyn Tng
4.85 (26)
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Profalgo Limited
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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
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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
Three Fractals demo
Alexander Nikolaev
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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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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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
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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
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Alexander Nikolaev
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
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Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its 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 indi
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