Twin Price Action 2 Candles 2 EMAs Pending
- Uzman Danışmanlar
- Thawinchai Waharam
- Sürüm: 1.0
- Etkinleştirmeler: 5
📊 Price Action Strategy: 2 Candles 2 EMAs Pending
🔍 1. Trading Signal: 2 Candles 2 EMAs Pending
This system detects reversal patterns from two consecutive candlesticks, and uses dual EMAs (fast and slow) to confirm trend direction:
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Buy Entry: Red → Green candle + closes above fast EMA → Place Buy Limit
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Sell Entry: Green → Red candle + closes below fast EMA → Place Sell Limit
🧱 2. Signal Filters for Accuracy
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EMA Trend Filter: Trade in trend direction only (Buy above EMA, Sell below EMA)
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ADX Filter: Skip trades if ADX < 10 (low volatility)
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Spread Control: Avoid high-spread conditions
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EMA Distance Check: No trades when price deviates excessively from EMA
🚀 Core Features of the EA
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Timeframe Flexibility: Supports M1 to H4 with filter customization
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Risk Management: Lot size based on capital, Max Drawdown control
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Adjustable SL & TP: Supports user-defined Risk:Reward ratios (e.g. 1:2, 1:3)
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Trailing Stop Mechanism: Locks profits as price trends in your favor
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24/7 Automation: No need for screen monitoring, great for passive trading
🧭 Recommended Usage
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Platform: MetaTrader 4/5 (MT5 recommended)
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Timeframe: M30, 6 set files avilable for M1, M5, M15, M30, H1 and H4
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Currency Pair: XAUUSD (Gold vs USD)
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Minimum Capital: $100 (>$1,000 recommended)
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Broker: Reliable with low spread
✅ Strengths & ❗ Limitations
✅ Strengths:
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85% win rate, Drawdown < 4%
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$6,689 profit from $10,000 in 1-year backtest
❗ Limitations:
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Only uses pending orders, which may miss fast market moves
⚙️ EA Parameter Summary
Core Strategy
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TimeFrame = 30 Minutes
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EMA_Slow = 320
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EMA_Fast = 6
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Candle_1_Body_Size = 227
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Candle_2_Body_Size = 156
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Wating_Pending_Mins = 400
Signal Filters
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Spread = 40
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ADX_Period = 11
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ADX_Score = 20
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Distance_near_EMA = 5100
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Distance_far_EMA = 300
Risk Management
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Lot_Devided = 200,000
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SL = 2580 pips / TP = 2890 pips
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Trailing Stop = 960 pips / Step = 400 / Start = 2000
Advanced Options
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On_Recovery = false
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Consecutive_losses = 2
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Recovery_Lot = 2.0
💡 Example Lot Size Calculations
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Capital $10,000 → 10,000 / 200,000 = 0.05 Lots
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Capital $1,000 → 1,000 / 100,000 = 0.01 Lots
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Capital $100 → 100 / 200,000 = 0.01 Lots (rounded up)