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Doji Style

1

(Feel free to download this at absolutely no cost, if you like it I have a scalping manager here: https://www.mql5.com/en/market/product/101312 )


[Feel free to suggest on improvements that can be implemented. This EA will forever remain free.]


Timeframe: 5 Min upwards (The 1 minute timeframe has very short candles, stoploss cannot be set)

Currencies: Multi


Settings:

Lotsize: the trading volume for the EA

How long a position will be held: 900 000 milliseconds for the 5 minute time or an equavalent of 3 candlesticks

How far EA should look: 10 candlesticks back, this one is user preferred, it determines how far back the EA will look to determine if the detected doji occurs at an extreme position (has highest high or lowest low)

Ratio of shorter shadow: How long you want the short tail of the doji to be

Ratio of longer shadow: How long you want the longer tail to be


(By adjusting these settings, you can affect how profitable the EA is, for example, if you increase the duration in which a position is held, in a good a market reversal the profits can be quite significant. The shadows/tails affect the frequency of trading, as if its less strict it will take more trades albeit, the quality of the dojis will be afected as well.)


EA summary

As the name suggests, Doji Style is an EA for trading the doji, specifically the hammer candlestick. It is a very special kind of doji that mostly often occurs where there is a trend reversal. 

This EA was created by looking closely at the description provided by the book "Naked Forex". This is a very conservative EA, it lies in wait targeting a very good doji to trade. 


NB: if you are to enable the 1 minute timeframe, be aware that in certain currencies it might not set the stoploss because of the very short candlesticks.


[Made in Botswana]


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El aprendizaje profundo está remodelando el trading de oro, y los asistentes inteligentes, como jardineros, cuidan de los jardines de trading. El "Gold Garden" EA emplea tecnología inteligente de aprendizaje profundo y 20 años de entrenamiento con datos para mejorar significativamente el rendimiento de la estrategia. Con él, el trading se vuelve más fácil e inteligente. Unámonos para iniciar la era del trading inteligente y transformar el trading en un jardín de felicidad. Este será tu exclusivo
Quantum Wizard MT5
Bogdan Ion Puscasu
4.94 (17)
Quantum Wizard es un asesor experto avanzado para operar con el S&P500 (US500), que utiliza un   sofisticado sistema de cuadrícula y una gestión avanzada del dinero diseñada para lograr el máximo rendimiento   . Ha estado en desarrollo durante más de 2 años y la última actualización llegará este año. Ahora finalmente puede diversificar su cartera operando con índices. Quantum Wizard es muy sencillo de instalar, sólo necesita instalarse en el US500 con la configuración predeterminada, en cualq
GoldenTron
PETER OMER M DESCHEPPER
4.82 (22)
Promotional Price: $239.99. The price will increase by $20 with every 10 purchases. Final price $1999.99 Prop firm ready: download setfile Live Signal: IC Markets Raw Spread My goal was to deliver the best, most robust, long-term expert advisor on the market. Many inputs and logic have been deeply tested and considered. What is the most important goal of an expert advisor? Many would say it is to provide long-term income. This makes sense, yet 99% of expert advisors are designed to achieve
El precio actual es el precio promocional y pronto aumentará. El precio final del producto es: $5566. Solo quedan unas pocas copias al precio actual, el próximo precio es de $566. Consulta los resultados en vivo aquí: Señal en vivo personal:   [Haz clic aquí] $50K Señal en vivo personal:   [Haz clic aquí] Señal en vivo de propuesta:   [Haz clic aquí] Versión MT4 aquí: [Haz clic aquí] Prueba de pago y oferta combinada definitiva Download setfile v1.4 Bienvenido a Quantum Algo Trading MT5 E
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
Trade Fusion
Tajammul Hussain
3.88 (8)
Live Signal available here:  https://www.mql5.com/en/signals/2223440   (high risk 7.5%) Estimados Traders, Me complace presentarles nuestro revolucionario nuevo asesor experto, "Trade Fusion", una solución de vanguardia que está preparada para transformar el mundo del trading automatizado. Trade Fusion es el resultado de meses de investigación intensiva, desarrollo y pruebas rigurosas, que combina tecnología de última generación con las estrategias de trading más sofisticadas para ofrecer una e
Boring Pips MT5
Thi Thu Ha Hoang
4.65 (23)
¿Alguna vez te has preguntado por qué la mayoría de los asesores expertos no son efectivos en el trading en vivo, a pesar de su perfecto rendimiento en las pruebas retrospectivas? La respuesta más probable es el sobreajuste. Muchos EAs se crean para 'aprender' y adaptarse perfectamente a los datos históricos disponibles, pero fallan en predecir el futuro debido a la falta de generalización en el modelo construido. Algunos desarrolladores simplemente desconocen la existencia del sobreajuste, o l
Live Signal: https://www.mql5.com/en/signals/2230324 New Product Introductory Price: $499. Please Contact Me for Manual after purchase activation. Gold Mana  is developed with over a year of intense research and testing. This expert advisor employs multi-timeframe volatility measurements, analyses intentions of market participants and anticipate price movements before they occur with help candlestick patterns, and supply & demand analysis for accurate entries that are highly reactive to m
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(This is the free version of our trade manager, download it for free and test it, and provide feedback. If you are satisfied with its capabilities, you can try out its bigger brother the Deriv Scalp Manager also available from us.) EA Summary If you are a scalping trader who wants to place and close trades quickly and efficiently, you need a powerful tool that can help you achieve your goals. That's why we created the   Deriv Trade Assistant   EA, a smart and easy-to-use expert advisor that a
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EA Summary If you are a scalping trader who wants to place and close trades quickly and efficiently, you need a powerful tool that can help you achieve your goals. That's why we created the   Deriv Scalp Manager   EA, a smart and easy-to-use expert advisor that automates your trading process and saves you time and money. With the   Deriv Scalp Manager , you don't have to worry about calculating your stop loss or take profit levels, or manually closing your trades. All you have to do is enter th
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Passakon Ekaburudkul
264
Passakon Ekaburudkul 2024.01.09 11:47 
 

Negative feedback.

Sadegh Bachak
233
Sadegh Bachak 2024.01.08 15:22 
 

Negative feedback

Respuesta al comentario
Versión 1.12 2023.06.29
We have our major update yet. The EA had a tendency, to buy in a downtrend or vice versa, so a moving average was incorporated to eliminated that, so the EA only takes appropriate trades in suitable conditions. Also an RSI was put in, so as to maximise on buying minor or even major pullbacks and eliminate chances of the stoploss being hit.
Versión 1.11 2023.06.22
The previous version had issues with setting the right stoploss. So that issue has been resolved.