Piercing GA

The Piercing candlestick pattern is formed by two candles.

Here’s how to identify the Piercing candlestick pattern:

1. The first candle must be bearish
2. The second candle must be bullish
3. The open level of the second candle must be below the first candle (there’s a gap there)
4. The close of the second candle must be above the 50% level of the body of the first candle

This 2-candle bullish candlestick pattern is a reversal pattern, meaning that it’s used to find bottoms.

For this reason, we want to see this pattern after a move to the downside, showing that bulls are starting to take control.

When a Piercing candlestick pattern appears at the right location, it may show:

• The end of a downtrend and start of an uptrend
• The end of a pullback, resuming an uptrend

EA Piercing GA works on all kinds of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc.

• Broker: Any broker with a low spread.
• Minimum initial deposit: Depends on you.
• Account type: Any.
• Use a VPS for the EA to work 24/7 (Mandatory).

Advantages:

• ***YOU HAVE THE FULL CONTROL***
• Does not use martingale 
• Does not use hedging and Grid
• Can be used with low capital
• Doesn't use artificial intelligence 
• Doesn't use the neural net
• Large take profit level
• Protecting positions with a stop-loss
• Various capital management strategies
• It's just that setting

Guardian Angel(GA):

• magic Number: If you want to use several experts at the same time, this setting is useful for you. Each expert must have a different magic number.
• Order Long: If you want to disable long (buy) trades, this setting is useful for you. By default, long trades are active
• Order Short: If you want to disable short (sell) trades, this setting is useful for you. By default, short trades are active
  
• comment: If you want to distinguish the trades of this expert from other experts, this setting is useful for you.
• Risk: This setting is useful for all traders. The best amount of risk is 2%. In the beginning, don't take too many risks
• Set the Lot value manually: If you want to set the lot value manually (not automatically in the settings above), this setting is useful for you. Specify the lot amount so that the expert trades the same amount in each trade.
• take Profit : If you want to set the profit limit yourself, this setting is useful for you. These settings are based on points.
• stop Loss :If you want to set the loss limit yourself, this setting is useful for you. These settings are based on points.
• Breakeven Enable: If you want to use breakeven settings, activate this option. Protect the profit earned in each trade using these settings. Search the internet for more information.
• Breakeven: Determine the break ion value. This setting is based on points. After reaching this amount of profit, the expert equalizes the loss limit with the entry price in the trade. (Your risk becomes zero.)
• Max Spread : If your spread broker amount is high, this setting is useful for you. If the value of your spread broker is higher than these settings, it will not trade. This setting is based on points.
• Take Profit With Dollar :  closing of positions when a specified profit is reached.
• Trailing Stop - 7 options for managing Stop Loss orders (in pips, Fractals, MA, Parabolic SAR, ATR, Partial Close, High Low Bar).
• Max Drawdown : to protect your account from big loses.
• Time Filter : You can choice the perfect time for you to enter the trade, hour-day.
• Trend filter : next update.
• Trade time manager - opening or closing by time.
• Notification when the pattern is formed.

We are dedicated to continually optimizing and enhancing our MT5 EA to provide you with the best possible trading experience. By choosing our expert advisor, you are investing in a product backed by specialized research and development.

Providing a complete product that eliminates the need for other weak and expensive products.

Regarding Feedback:

If customers encounter any issues, we hope that they will first contact our customer service team through private messages to describe the situation, allowing us to resolve issues promptly.

Frequently Asked Questions:

• Does this expert comply with FIFO rules?
  Yes, this expert is fully compliant with FIFO rules.
• Can this expert trade at the same time in the 4 currency pairs you mentioned?
  Yes, this expert can trade simultaneously in all currency pairs and all time frames.
• Does the expert also trade with symbols that have suffixes, such as "EURUSD.c" or “EURUSD.b” or “Gold” or “EURUSD.a” or…, or does it require special settings?
  This expert automatically recognizes the symbol and trades. No special settings are required. If the gold symbol in your broker has a prefix or suffix, don't worry.
• Will you be updating Expert in the future?
  Yes, we update the expert every 1-2 months and put it on the site. If you have any suggestion or criticism, be sure to tell us so that we can fix the problem in the next version.
• Are the updates free?
  Yes, updates are free for those who have purchased or rented Expert. We will put the new update on the site and Metatrader.
• Can this expert be used in other symbols?
  You can run this expert in other symbols. Expert also trades. But the results of other symbols are not like the symbols we have proposed
• What is the average number of trades?
  The number of trades in backtest and live are exactly the same. So you can see the number of trades in the backtest with your desired settings.
  For example, in the last month, then you will get the answer. The average number of trades in live is the same as the average number of trades in the backtest.
  Because of the different settings, I can't say one number that is the same for all buyers. So based on your settings, you can find the average.
• Should the expert be active all the time (24/7)? Does that mean I have to use VPS?
  There is no need, you can only run the expert as many times as you want. But if Expert Trade is open, it is better not to close it. So if you use VPS, it is better.

It is highly recommended that you do some backtests first and then starting on a demo account.  That way you get a feeling of what to expect during live trading.

If you have any criticism or suggestions or any questions Be sure to message me:
https://www.mql5.com/en/users/osamaechchakery