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CandleTrend EA

100 USD

Download demo: 163

Publicado: 21 agosto 2018

Versão atual: 2.0

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CandleTrend EA

Experts
Elvira Akhsanova
Versão: 2.0
Atualizado: 7 setembro 2018
Ativações: 10

This Expert Advisor is based on previous candlestick's price direction. Seven modes of operation with option to reverse signal. Assuming that current trend can be identified by checking status of one recent candlestick I have added additional strategies: 2/2, 2/3, 3/3, 3/5, 4/5, 5/5 candlesticks. For "1/1 Candles (Mode 1)": if previous candlestick's base currency has increased in value in reference to quote currency (close price is higher than open price) - uptrend is presumed and buy order is placed; otherwise sell order is placed - if previous candlestick's base currency value has decreased in reference to quote currency (downtrend).

External parameters

Signal settings:

SignalMode:
1/1 Candles (Mode 1) - if 1 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 1 previous candlestick's open price is higher than close price then sell order is placed.
2/2 Candles (Mode 2) - if 2 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 2 previous candlestick's open price is higher than close price then sell order is placed.
2/3 Candles (Mode 3) - if any 2 candlesticks' close price is higher than open price within the range of 3 previous candlesticks then buy order is placed, otherwise if any 2 candlesticks' open price is higher than close price within the range of 3 previous candlesticks then sell order is placed. Examples: white, black, white - buy order is placed; white, white, black - buy order is placed; black, white, black - sell order placed; white, black, black - sell order placed (in these examples white candlestick is the one that has close price higher than open price, while black candlestick is the one that has open price higher than close price.
3/3 Candles (Mode 4) - if 3 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 3 previous candlestick's open price is higher than close price then sell order is placed.
3/5 Candles (Mode 5) - if any 3 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 3 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
4/5 Candles (Mode 6) - if any 4 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 4 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
5/5 Candles (Mode 7) - if 5 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 5 previous candlestick's open price is higher than close price then sell order is placed.
Reverse trade signal (true or false) - changes signal to its opposite (for buy - sell order is sent, for sell - buy order is sent)

Order settings:

Take Profit**
Stop Loss**
Lot size
Slippage**
Magic number

**These values are set in pips (0.0001). 1 pip = 10 points for 5 digits broker.

The logic behind Expert Advisor's algorithm

It may seem that single candlestick is not sufficient statistical data to identify the current trend, however if a trend is strong enough, then corresponding candlesticks will prevail and show up repeatedly.

Additional modes added to this strategy may detect current trend with higher accuracy. Signal lagging is from 1 up to 5 bars, depending on mode of operation.

Hedging (FIFO) and Order processing

This Expert Advisor is FIFO "First In First Out" compliant, therefore hedging is not possible. An order is sent by bar and closes by tick.

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Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve

630 USD

The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price

699 USD

Precauções O EA inclui até 6 pontos de entrada, e o número de mãos por transação é o número de mãos da ordem multiplicado por 6, por isso, tenha cuidado para não usar demasiadas mãos. O método de cálculo das mãos por defeito não é uma percentagem de fundos. O nosso método de cálculo por defeito não é afetado pela alavancagem e permite controlar o risco de forma mais precisa. É recomendado utilizar fundos acima de $1000 para melhorar a resistência ao risco. Existe um risco de acumulação de risco

999 USD

TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ

598 USD

Promoção de lançamento! Restam apenas algumas cópias por 449$! Próximo preço: 599$ Preço final: 999$ Ganhe 1 EA gratuitamente (para 2 contas comerciais) -> entre em contato comigo após a compra Ultimate Combo Deal -> click here New live signal: https://www.mql5.com/en/signals/2084890 Live Signal high risk : https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP: Click here Parameter overview Gold Trade Pro junta-se ao clube dos EAs de negociaç

599 USD

Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da

499 USD

Apresentando Quantum Gold Emperor EA , o inovador consultor especialista em MQL5 que está transformando a maneira como você negocia o prestigioso par XAUUSD (GOLD )! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos. IMPORTANTE! Após a compra envie-me uma mensagem privada para receber o manual de instalação e as instruções de configuração. ***Compre Quantum Gold Emperor EA e você poderá obter Quantum Trade EA de graça!*** Pergunte em privad

299.99 USD

Sinal ao Vivo-1: Clique aqui Versão MT5: Clique aqui Obtenha o Quantum Pip gratuitamente (para 2 contas de negociação) -> entre em contato comigo após a compra Bem-vindo ao Nasdaq Algo Trading Este EA (Advisor Especialista) é criado e projetado por uma equipe com mais de 13 anos de experiência em programação e negociação. O EA se concentra no desenvolvimento de um sistema que possa fornecer lucros estáveis e de longo prazo. Ele utiliza estratégias sem risco, evitando métodos como Martinga

593.99 USD

ClosureMaster Utility closes all orders and offers 7 additional modes. If you have dozens or even hundreds of orders and need to close them all or some of them selectively by comment, magic number, buy only, sell only, if Stop Loss is not set, only profitable or losing trades, then ClosureMaster Utility can take care of this task. External parameters: Close all Losing trades Close all Profitable trades Close all orders without Stop Loss Close Buy orders only Close Sell orders only Close by Mag

FREE

UniFractal Trader is based on 5-modes proprietary 1-bar fractal algorithm in combination with Moving Average, signal filtering by VMeter indicator, Trailing Stop and option to reverse trade signal. Standard fractal indicator uses 2-bar verification process, which means that order cannot be sent until 3rd bar after fractal. Fractal algorithm of this expert allows to trade on 2nd bar away from fractal, which means entering each position 1 bar earlier before trend ends. This expert considers FIF

100 USD

Channels + S & R Indicator (CSRI) Indicator draws 3 channels (Large, Medium, Small) within bars’ range of current timeframe and pair / instrument. It can identify Support and Resistance levels within any chosen channel. Additionally Fibonacci levels can be drawn for Large Channel. All lines and levels can be customized by color and width. Identify Support and Resistance Levels for any Channel: IdentifySupportAndResistanceLevels - Identify Support and Resistance Levels IdentifySRforChannel –

50 USD

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Versão 2.0 2018.09.07

Version 2.00 is backward compatible with version 1.00 optimization results

Corrected error:
Multiple orders conflict solved. Only limitation remains is compliance with FIFO rule that prevents hedging (Buy/Sell on the same symbol) and to avoid placing orders of same type such as Buy/Buy or Sell/Sell on same pair/contract/symbol.

Added functionality:
Trailing Stop and Step
In order to use Trailing Stop correctly please set Take Profit twice as large as Trailing Stop to allow its movement, otherwise Take Profit will close order before Trailing Stop does. First price target is triggered by Trailing Stop, it will set Stop Loss to order Open Price and adds 2 pips in order to protect position from losses, then if position is profitable, it moves and sets Stop Loss according to next Trailing Step distance. Trailing stop will not be triggered if current position moves in the direction toward Stop Loss, instead of Take Profit.