• Overview
  • Reviews
  • Comments (1)

CandleFireEA

This is an intraday Expert Advisor, by default the Hour parameter is set 21 GMT, or the last daily chart, after the candlestick closure a new date starts and indicators are activated (MACD, Parabolic,EMA-200,EMA-100,EMA-50).

Referring to the history of European, Asian and American sessions, after the indicator signals an entry point is defined, stop loss and take profit are automatically set. After passing a profit level the position is moved to breakeven and a trailing stop is activated. Trades on the H1 chart, any currency pair. Better choose major currency pairs, only currencies!

Best results were shown on EUR/USD, GBP/USD, EUR/GBP, GBP/JPY, USD/JPY, EUR/JPY, USD/CHF. It is not recommended to change default settings.


Parameters

  • Hour - trading hour
  • SL - stop loss level
  • Lot - lot size
  • Profit_Level - profit level
  • SL_Plus - breakeven set at SL_Plus
  • Profit_Level2 - profit level
  • TrailingStop2 - trailing stop
  • Slip - slippage
  • Magic - magic number
No reviews