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Japanese Candlestick Patterns EA MT4/5 Backtests & Set Files

15 September 2021, 16:49

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✔️ Japanese Candlestick Patterns EA ΜΤ4©: https://www.mql5.com/en/market/product/45732

✔️ Japanese Candlestick Patterns EA ΜΤ5©: https://www.mql5.com/en/market/product/45800

How to Test the Demo Version of the Japanese Candlestick Patterns EA MT5 in the MT5 Strategy Tester

(you will find the optimized set files at the bottom of this page)

Video Guide: How to Set Up Japanese Candlestick Patters EA MT4/5 with Provided Set Files - Please Enable Subtitles in this YouTube Video!

RECOMMENDATIONS FOR DECEMBER 2025 - NEW OPTIMIZED SET FILES !!!

For the Japanese Candlestick Patterns EA MT4/5, my current recommendation is to TRADE ONLY the following (and NOT ALL provided) set files: AUDJPY, BTCUSD, DE40, EURJPY, EURNZD, JP225, USDJPY, USTEC with a risk of 0.5% or lower per trade.

You can find the Japanese Candlestick Patterns EA MT4/5 set files, along with detailed instructions and advice, at the bottom of this guide.

Please Enable Subtitles in this YouTube Video!

Advice

My EAs are not magic systems that predict the market, but solid, well-coded tools built to achieve consistent results without using martingale or grid strategies. Success with them requires patience and discipline. I regularly optimize all my EAs, publish new set files twice a year, and review their performance every month. Always use only my recommended set files and keep your risk per symbol at 0.5% or lower.

Risk Management Recommendations

If you plan to trade only one of my recommended set files, you can keep the Risk % per trade at the default 3%.
If you want to trade 2-3 set files, I suggest lowering the Risk % to 1%.
If you intend to trade all recommended set files, I strongly suggest setting the Risk % per trade to 0.5% or lower per symbol.

To use this EA, you will need approximately $100–150 per set file or symbol. To trade all recommended set files with a low risk of 0.5% per symbol, you should have around $1000 to maintain properly balanced risk management.

Broker Server Time Adjustment

Please check your broker's server time in MT4/5 by navigating to View >> Market Watch Window. All provided set files are optimized for ICMarkets GMT+3 servers in the summer (GMT+2 in winter). If your broker operates on a different GMT, you must adjust the trading hours in the set files accordingly. For example, if your broker’s server time is GMT+0 in the summer, you need to shift all trading hours back by 3 hours.