Super Candlestick Pattern EA
- Experts
- Mattia Impicciatore
- Version: 1.0
- Activations: 5
Overview
Expert Advisor based on candlestick patterns with optional RSI confirmation, multi-timeframe filters, and integrated risk management. Designed for disciplined entries, clear parameters, and maximum replicability in backtesting.
How it works
The trading direction is derived from the daily candle to identify bullish, bearish, or sideways context. Entry signals are triggered within a defined time window and only if day and month filters are satisfied. The pattern filter, if enabled, validates the signal on the selected timeframe.
Filters and confirmations
If enabled, the RSI confirms re-entries from oversold for buy signals and from overbought for sell signals. The pattern filter includes: bullish and bearish engulfing, inside bar, outside bar, hammer, shooting star, morning star, evening star, doji, three white soldiers, three black crows.
Risk and trade management
Stop loss and take profit can be set in points, breakeven can be activated after a defined pip distance, trades can be closed intraday at a specific hour or multiday after N days. Lot size is calculated based on risk percentage and symbol parameters, respecting minimum, maximum, and step volumes.
Main parameters
Enable buy and sell signals, breakeven management, maximum risk per trade, stop loss and take profit, trading hours, day and month filters, candlestick pattern filter with timeframe and shift, RSI confirmation with period and thresholds.
Quick installation
Compile from MetaEditor, apply the EA to a chart, set the timeframe to M15 or preferred, adjust risk and parameters, test in the Strategy Tester, enable AutoTrading.
Warnings
Always use a demo account to validate the strategy. Trading involves risks. Past performance does not guarantee future results.
If you prefer to manually analyze candlestick patterns you can use:
Candlestick Pattern Analyzer: https://www.mql5.com/en/market/product/145419
expert advisor mt5, forex robot, automated trading, candlestick patterns, engulfing, inside bar, outside bar, hammer, shooting star, morning star, evening star, doji, three white soldiers, three black crows, rsi, rsi confirmation, multi timeframe, m15, h1, risk management, position sizing, money management, breakeven, stop loss, take profit, intraday close, multiday exit, day filters, month filters, trend filter