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Candelabrum EA

No grid, no martingale, no scalping, no special requirements. Dangerous & risk free.

The CANDELABRUM © EA determines pivot points based on candlestick patterns and the Bollinger bands indicator and opens orders in the direction of a new trend. Each order has a specified take profit level and is protected by stop loss. To increase the number of profitable deals, a unique Split system can be used, partially closing an order when it reaches specified levels. For complete risk control, the trading system at the opening of each transaction allows the use of a calculated order volume.

All calculations are carried out as a percentage of the size of the candlestick model using Fibonacci levels.

When working on the recommended periods (H4), the adviser does not require special trading conditions and works with almost any type of accounts.


Settings https://www.mql5.com/en/blogs/post/725897

Signals https://www.mql5.com/en/signals/464546 


Features

  • Minimum drawdown;
  • Algorithm of partial closing of the order Split;
  • Trailing stop;
  • There are no restrictions on the size of the deposit;
  • There are no high-risk strategies like martingale, grid, hedging, etc .;
  • Suitable for any currency pairs and timeframes;
  • Protection against spread expansion when opening an order;
  • Capital Management System with full risk control.


Input parameters

  • MagicId - unique number of the adviser;
  • Comm - comment for orders opened by the adviser;
  • Start Hour, End Hour - time interval for opening orders;
  • Friday End Hour - the end time for opening orders on Friday;
  • MaxSpread - the maximum allowable value of the spread for opening an order;
  • MaxLot - maximum lot value of one order;
  • MinRange - the minimum size of the model;
  • LotType - order lottery mode:
    • LotManual - the lot size of each order corresponds to the value of MainLot ;
    • LotRisk - the lot size of each order is calculated based on the risk factor FactorRisk ;
    • LotAuto - the amount of each order is multiply changed, based on the ratio of the size of the account funds and FactorAuto .
  • MainLot - lot of one order (valid in LotManual mode);
  • FactorRisk - the maximum allowable loss for each order in% of AccountEquity (valid in LotRisk mode);
  • FactorAuto - the amount of AccountEquity account funds per each MainLot value (valid in LotAuto mode);
  • BPeriod - period of the Bollinger bands indicator;
  • BDev - deviation of the Bollinger bands;
  • Model1 - enable (true) / disable (false) the candle pattern Three Inside;
  • Model2 - enable (true) / disable (false) Engulfing candle pattern;
  • Takeprofit - take profit;
  • Stoploss - stop loss;
  • Trailing - enable (true) and disable (false) the trailing stop mode;
  • TrailStart - the level of inclusion of the trailing stop mode;
  • TrailStop - distance from the price to the stop loss in the trailing stop mode;
  • Split - enable (true) and disable (false) the Split mode - partially close an order in the amount of SplitLot after every SplitStep ;
  • SplitStart - the inclusion level of the Yplit mode;
  • SplitStep - Split mode step;
  • SplitLot -% of the remaining order volume, closed at each step;
  • SplitLotLastMin - minimum order size in Split mode;
  • ShowFibo - enable (true) / disable (false) the display of Fibonacci levels (it is recommended to disable it to speed up the optimization process);
  • FiboUpColorUp - color of levels for buy orders;
  • FiboDnColorDn - color of the levels for sell orders.

Default settings: xauusd h4

All products https://www.mql5.com/en/users/quattordici

William Barou
126
William Barou 2019.07.07 18:44 
 

Like it. Don't forget to follow tg

krassi2305
328
krassi2305 2019.06.03 20:24 
 

Super EA, great author. Of course, not every trade is a winner, but losing is just as much as winning! Thanks and continue to Aleksei!

P.S .: Thank you for the telegram group and the valuable information about each trade!

Alessio Bizzarri
2313
Alessio Bizzarri 2019.05.11 10:15 
 

My trading from Candelabrum EA it's different from signal of autor. Bad experience ..for 2 Mth .!

ManuBoss
101
ManuBoss 2019.05.08 11:28 
 

Agree with Vladimir. Great support including telegram and good results.

Vladimir Vorobiev
171
Vladimir Vorobiev 2019.05.07 13:33 
 

Использую канделябр пару месяцев и не понимаю претензий к автору, практически все сделки совпадают с сигналами с авторскими настройками. Единственная просьба сделать возможность перевода сделок в безубыток.

Alesamo
858
Alesamo 2019.04.28 16:24 
 

Sorry, doesn't work...

RedBull
1497
RedBull 2019.04.17 10:55 
 

AirOne1
1321
AirOne1 2019.04.10 11:44 
 

The author displays signals to entice buyers, but trades of the signals are manually created. NOT RECOMMENDED.

EA trades very less and if trades, gives BIG LOSSES only

Top Forex
270
Top Forex 2019.04.10 08:59 
 

Very good product and also they offer a very useful telegram group support

peronpmt4
998
peronpmt4 2019.04.07 18:38 
 

Fantastic Support from Author!! I am waiting for good results!!

First results only loss!! EA poor!!

mlucouw
134
mlucouw 2019.03.31 19:09 
 

I asked the developer if I can get some discount and he blatantly frefused and was EXTREMELY rude to me I would not advice anyone to buy products from him as when selling products online at the very least some customer service is needed which he lacks 100%.

BAD DEVELOPER DO NOT TRUST HIM

nn245354
138
nn245354 2019.03.26 17:05 
 

Backtests did not look good but real trades are great. Miracles happen

icyou
88
icyou 2019.03.22 06:30 
 

This is a real high-tech. Yesterday's EUR and CAD were amazing!!!

Roy W
790
Roy W 2019.02.18 07:00 
 

Отличный советник! Отличные результаты!

Полностью согласен с предыдущим комментарием: "Использую канделябр пару месяцев и не понимаю претензий к автору, практически все сделки совпадают с сигналами автора."

4core
196
4core 2019.02.04 14:01 
 

Миллионером стать не получится, но 10% в месяц при небольшой посадке реально делает, судя по тестам и сигналу. Автору отдельное спасибо за отзывчивость.

GrDln
86
GrDln 2019.01.19 07:39 
 

Great ea!

Apmdept
114
Apmdept 2019.01.18 20:51 
 

I've got it. Free! Thanks Aleksei

FxWebpro
107
FxWebpro 2019.01.18 16:58 
 

Perfect EA. An ideal advisor for calm trading. According to tests, growth is 100% per year.

Version 1.20 2019.04.28
Removed: TimeFrame
Version 1.10 2019.02.05
Code optimization