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Candlestick Price Action with Risk to Reward

EA enters trades based on CALCULATED PRICE ACTION.  If INSIDE BARS or ENGULFING CANDLES are formed then it will calculate if RISK to REWARD is great enough to enter trade.


Once trades are placed then one trade will target 1:1 and another will target 2:1. Once first trades take profit is hit then it will move second trade to breakeven.  


EA works on any currency pair on 1 HR, 4 HR, and DAILY time frames.  


For maximum profitability its best to know how EA works.  Some losses ONLY OCCUR because stops are too tight.  With some adjustments trades are extremely profitable. 

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Correct Approach   is a multi-currency multi-functional Expert Advisor that works on any time frame and in any market conditions. The robot is based on an averaging system with a non-geometric progression of building a trading grid. Built-in protection systems: special filters, spread control, internal trading time limit. Building a trading grid taking into account important internal levels. Possibility to adjust trading aggressiveness. The Expert Advisor comes with proven templates for vario
" Nibelung " is an advanced trading bot created for modern Forex traders. This innovative tool is a reliable assistant for anyone seeking efficient and automated trading. The bot uses pending orders as one of the main elements of its algorithm. Pending orders are placed at a certain distance from the current price and are triggered only when the price reaches a specified level. In addition, when the price moves, trailing pending orders is activated. Once the order becomes market, the bot auto
Top Algo v4
Yvan Musatov
5 (1)
Торговый робот Top Algo является технической разработкой для автоматизации торговли на валютном Форекс рынке. Его цель — помочь как начинающим участникам рынка, у которых недостаточно фундаментальной базы в сфере трейдинга  так и профессиональным и облегчить опытным инвесторам процесс приумножения прибыли. Top Algo можно также назвать мультивалютным роботом-советником, так как он может работать на нескольких валютных парах.  Профессиональный эксперт Top Algo может подключиться к вашему торгов
Golden Pickaxe
Valeriia Mishchenko
4.67 (6)
EA has high-performance live track records of different set files: XAU Risky Vol XAU Balanced Vol XAU Balanced MT5 version can be found here Golden Pickaxe is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. It uses real market inefficiencies to its advantage to have an edge over the market. The EA has 5 predefined set files, which are essentially 5 different trading systems on gold . You may choose the def
ChimeraFxTool
Marve Edom Agbor
5 (1)
CHECK COMMENTS SECTION FOR BACKTESTING PARAMETERS.. The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO)   - No Martingale   - No Grid   - No Hedging Best Risk Management   - Daily Loss limit   - Stop loss and TP protections Best Profit Factor   - Daily Max Profit Lock Protection   - Monthly Profit Lock Protection Best Signal Accuracy    - Best candle Patterns    - Best timed Response     Strategy    - Trend Tracker
Check Screenshot for Each parameters description and customize to your strategy. Note: do not buy any pirated clone in our name we do not sell in any other store other than the official mql5 market, not even on Ebay beware of scammers and do not fall victim out of curiosity. thanks. For Backtesting Parameters For FTMO, if encounter error 130 kindly change spread to 100 from current $ 100 K Below: Pair USTECHCASH100 Cm = "DMF_AI_EA_ROBOT" ; Strategy = 1 ElapsedSECONDS = 7 MaxDailyProfit = 3500 Ma
Altri dall’autore
Indicator will send alerts when price has opened and closed outside bollinger bands. THIS INDICATOR SCANS EVERY PAIR ON SIDE OF MARKET WATCH SO YOU DON'T MISS A TRADE! Indicator has pop up alert for all currency pairs in your watch list.  It is set up to notify you if price is outside of M15, H1, H4 automatically.  This is great for seeing if market is a critical levels and at a possible reversal point. 
YOU ARE PUCHASING A FOREX INDICATOR THAT WAS CUSTOM BUILT IN 2021 THIS INDICATOR WILL HELP YOU FIND PRECISE ENTRIES FOR TRADES. SO HOW DOES IT WORK? 1) It looks for engulfing candlestick pattern.  (It can tell if there is a bullish or bearish engulfing pattern which is a typically a reversal signal) 2) It will also look to see if price is near a short term extreme by using Bollinger Bands. 3) It combines the engulfing candle stick pattern along with Bollinger Bands to give signal 4) If price has
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