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Candle Trap EA

This EA is built to work using a combination of some indicators together with price action. It makes use of some special candle sequence to enter trades. The strategy exhibits  scalping tendency and hedging characteristics for recovery. If a signal is generated the expert places buy/sell orders with its corresponding hedge order at some calculated distance(pips) away. If signal works as expected, the EA takes profit intelligently by closing these orders at some minimum Profit(automatic). If however, the signal fails, the EA goes into a recovery mode by placing some more orders at calculated levels. It can work on any pair but its best on brokers or pairs with low spreads or transaction cost. 

I recommend an account leverage of at-least 1:200 and above and my preferred time frame is 1 hour and Stoploss of 60pips though its not too important. The expert has undergone successful back testing and forward testing and can be used on real account. For best results, run EA on several pairs say eight or more.

For a $10K account, I recommend using a 0.1 lotsize. Because of the recovery feature included, sustained growth on investment could be achieved. The EA is fortified with lots of controls already automated that makes it very safe and easy to use especially in the recovery mode. The nice part is that there are no tons of parameters to set and worries about magic numbers when using it on multiple currency pairs.

In most cases, the default values set on the parameters is enough to make profitable trades at good draw-down levels.


PARAMETERS:

  • Allow_Trade-  if false, EA won't start trades.
  • Lot_Type-       decides if EA uses Automatic lotsize or fixed lot (baselot).
  • StartLot -        lotsize for starting trades
  • StartHour-      hour at which EA begins to trade if there are no existing positions (broker's server time)
  • EndHour-        hour at which EA ends trading if there are no existing positions (broker's server time)
  • base_lot-        this is the lotsize used by EA if Lot_Type is set to fixedlot
  • ReserveUnits- the divisor used to divide account equity for the autolot calculation. eg. for a 10K account, if ReserveUnit is 10000,  
  •                        EA would start with 0.1 lotsize. If ReserveUnit is 5000 then starting would be 0.2 etc...
  •  Use_minProfit- if true, EA would close all trades at just a small profit in order to restart as it works in recovery mode.
  • ATR_Period-    period/no. of candles to be used by the ATR indicator.


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Segnale Live-1: Clicca qui Versione MT5: Clicca qui Ottieni Quantum Algo EA gratuitamente (per 2 conti di trading) -> contattami dopo l'acquisto Benvenuto in Nasdaq Algo Trading Questo EA (Expert Advisor) è creato e progettato da un team con oltre 13 anni di esperienza in programmazione e trading. L'EA si concentra sullo sviluppo di un sistema in grado di fornire profitti stabili e a lungo termine. Utilizza strategie senza rischio, evitando metodi come Martingale, Grid e Hedging, così com
# Neon Trade MT4 La nostra comunità Telegram Presentiamo al vostro attenzione Neon Trade - un'innovazione unica nel campo del trading algoritmico sui mercati valutari, utilizzando metodi avanzati di machine learning.  Il nostro consulente è completamente autonomo e pronto per funzionare dopo averlo installato su qualsiasi grafico e time frame. Funziona sul principio - appeso al grafico e dimenticato. L'unica cosa che devi fare è consentire l'accesso alla mia API " https://xmpp.madsysadm.ru " ne
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Mansour Babasafary
4.43 (49)
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Network AI
Vasiliy Strukov
4.84 (167)
La rete  è un sistema avanzato che utilizza la potenza dell'intelligenza artificiale e delle reti neurali per analizzare i dati macroeconomici rilasciati durante le notizie e prendere decisioni di trading basate su di essi. L'Expert Advisor utilizza un'uscita di notizie per il trading e quindi non può essere testato nel tester di strategia. Per abilitare Exercise Advisor for work, seleziona l'opzione " Consenti WebRequest "e aggiungi    https://sslecal2.investing.com/    https://www.worldtime
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Ho Tuan Thang
3.53 (15)
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
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Lo Thi Mai Loan
5 (8)
Sono rimaste solo 2 fotocopiatrici a questo prezzo, il prossimo prezzo è $1533 Controlla i risultati live qui: Segnale personale da $50K:   [Clicca Qui] Segnale live da prop firm:   [Clicca Qui] Versione MT5 disponibile qui:   [Clicca Qui] Benvenuto nel   Quantum Algo Trading MT4 EA . Questo EA è progettato per essere più di un sistema meccanico; sarà il tuo compagno nel tuo percorso di trading per tutta la vita. L'EA utilizza un sistema di breakout con un algoritmo ottimizzato da qualcun
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Marco Solito
4.79 (62)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
Altri dall’autore
Spd EA
David Binka Kumatse
THE PRODUCT This Spd Expert is an EA to be used on multiple chosen pairs simultaneously. Every order has a TP and an SL, so there is nothing to fear. You just have to be patient as EA trades to grow your account. After purchasing the EA, you can also message me for my optimized settings.    Recommended TimeFrame is 1H TRADE PLAN Consider a recommended minimum starting capital of $100 and an initial lotsize of 0.01 yielding a minimum profit of $20 over 12 months of trading on a single pair. Then
NiteHorse EA
David Binka Kumatse
The NiteHorse EA is works like a scalping machine to be used at those quiet market moments of the night. Specifically, its best to let it start work from some 2 or 3 hours to the end of each trading day and end trading before the trading day ends. The time filter uses the server time. (Broker Time). You may need to set/adjust it taking into account your geographic timezone. This is very important in order to get the EA trade during the last few hours of the day and for best results. It is als
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Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.26 14:47 
 

L'utente non ha lasciato alcun commento sulla valutazione.

David Binka Kumatse
5492
Risposta dello sviluppatore David Binka Kumatse 2021.03.26 17:19
Hello Miguel, thanks for the compliment.
I believe you are doing fine especially in this pandemic times. I have been busy building tarding systems. I however have good news for you.... The Pro version of the "Candle Trap EA" will be out in about a week from now. It has all issues catered for and has an outstanding performance and stability! Be on the look out to get your copy for a reasonable price !! Regards
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Versione 4.8 2019.07.31
Bug and error fix for even improved performance; (5M or 15M timeframe)
In this new version you would fine significant features added and the strategy has also been modified to cut down on drawdowns while trading. Most importantly, running EA on smaller time-frame (M5) and with StopLoss of 20 pips for multiple pairs is great!
Versione 4.7 2019.07.30
In this new version you would fine significant features added and the strategy has also been modified to cut down on drawdowns while trading. Most importantly, running smaller time-frame (M5) and with StopLoss of 20 pips is great!