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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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Lo Thi Mai Loan
4 (4)
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Chen Jia Qi
4.56 (71)
Live signal : TrendMaster FX The MT4 version : TrendMaster FX MT4   Atualmente, há uma promoção de teste para o nosso EA. Após a compra, entre em contato conosco para obter acesso ao "Gold Garden" ou "AI TradingVision GPX". Para mais informações, por favor entre em contato conosco. Pares de moedas recomendados: GBP/USD (GBPUSD) USD/CAD (USDCAD) EUR/USD (EURUSD) AUD/USD (AUDUSD) USD/CHF (USDCHF) Configurações de risco: Para traders agressivos, o risco máximo é definido em 0,15. Para traders mais
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4.14 (7)
Live Signal available here:  https://www.mql5.com/en/signals/2223440   (high risk 7.5%) Caros Traders, Tenho o prazer de apresentar a vocês nosso revolucionário novo consultor especializado, "Trade Fusion" - uma solução de ponta que está prestes a transformar o mundo do trading automatizado. O Trade Fusion é o resultado de meses de pesquisa intensiva, desenvolvimento e testes rigorosos, combinando tecnologia de ponta com as estratégias de trading mais sofisticadas para oferecer uma experiência
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4.65 (23)
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Sof'ia Vlasova
5 (1)
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Lo Thi Mai Loan
5 (5)
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GoldenTron
PETER OMER M DESCHEPPER
4.76 (17)
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Profalgo Limited
4.5 (10)
Promoção de lançamento: Número limitado de cópias disponíveis no preço atual Preço final: 990$ NOVO: ganhe 1 EA grátis!   (para 2 contas comerciais) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bem-vindo ao DayTrade Pro Algo!   Depois de anos estudando os mercados e programando diferentes estratégias, encontrei um algoritmo que tem tudo o que um bom sistema de negociação precisa: É corretor independ
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Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum.   Why Bitcoin Wizard : Bitcoin Wizard is a fully automatic trade system, trade 24/7. Does not use any risky strategies such as hedging, martingale, grid or multiple orders. Every trade is protected by a stoploss of 100 pips. Real Signal |   Setfile  | MT4 version | Backtest Report  | Broker Spread Comparison SET UP Symbol :   BTCUSD/BITCOIN
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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 
 

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Sadegh Bachak
234
Sadegh Bachak 2024.01.08 15:22 
 

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Versão 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.
Versão 1.11 2023.06.22
The previous version had issues with setting the right stoploss. So that issue has been resolved.