Expert Advisors: MQL5 Wizard - Trade Signals Based on Reversal Candlestick Patterns

 

MQL5 Wizard - Trade Signals Based on Reversal Candlestick Patterns:

MQL5 Wizard provides the automatic creation of Expert Advisors (see MQL5 Wizard: Creating Expert Advisors without Programming).

The CSignalCandles class provides trade signals, based on reversal candlestick patterns. The strategy called "Signals based on reversal candlestick patterns" (when creating EA automatically in MQL5 Wizard).

The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and ">Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal.

Testing Results of the Expert Advisor with trading signals, based on the reversal candlestick patterns

Author: MetaQuotes Software Corp.


 
Hello, is there any update version that replace this one? Bcos the CSignalCandles class seem no longer exist.

Thx
 
SamGor #: Hello, is there any update version that replace this one? Bcos the CSignalCandles class seem no longer exist.

It does exist because it is part of the code provided here, namely the file "signalcandles.mqh".

Download all the files and place them in the proper directories as shown.


 
Fernando Carreiro #:

It does exist because it is part of the code provided here, namely the file "signalcandles.mqh".

Download all the files and place them in the proper directories as shown.


Thx. This option is still not shown in the "signal properties" after restart Metaeditor.

 
SamGor #:

Thx. This option is still not shown in the "signal properties" after restart Metaeditor.

Do you mean it does not appear as an option in the Wizard? 

I found out...you need to change the Type from "Signal"  to "SignalAdvanced" in order for it to appear as option in the Wizard

//+------------------------------------------------------------------+

//| Description of the class                                                       |
//| Title=Signals based on reversal candlestick patterns             |
//| Type=SignalAdvanced                                                           |

Reason: