CandleTrend EA

This Expert Advisor is based on previous candlestick's price direction. Seven modes of operation with option to reverse signal. Assuming that current trend can be identified by checking status of one recent candlestick I have added additional strategies: 2/2, 2/3, 3/3, 3/5, 4/5, 5/5 candlesticks. For "1/1 Candles (Mode 1)": if previous candlestick's base currency has increased in value in reference to quote currency (close price is higher than open price) - uptrend is presumed and buy order is placed; otherwise sell order is placed - if previous candlestick's base currency value has decreased in reference to quote currency (downtrend).


External parameters

Signal settings:
  • SignalMode:
    • 1/1 Candles (Mode 1) - if 1 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 1 previous candlestick's open price is higher than close price then sell order is placed.
    • 2/2 Candles (Mode 2) - if 2 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 2 previous candlestick's open price is higher than close price then sell order is placed.
    • 2/3 Candles (Mode 3) - if any 2 candlesticks' close price is higher than open price within the range of 3 previous candlesticks then buy order is placed, otherwise if any 2 candlesticks' open price is higher than close price within the range of 3 previous candlesticks then sell order is placed. Examples: white, black, white - buy order is placed; white, white, black - buy order is placed; black, white, black - sell order placed; white, black, black - sell order placed (in these examples white candlestick is the one that has close price higher than open price, while black candlestick is the one that has open price higher than close price.
    • 3/3 Candles (Mode 4) - if 3 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 3 previous candlestick's open price is higher than close price then sell order is placed.
    • 3/5 Candles (Mode 5) - if any 3 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 3 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
  • 4/5 Candles (Mode 6) - if any 4 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 4 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
  • 5/5 Candles (Mode 7) - if 5 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 5 previous candlestick's open price is higher than close price then sell order is placed.
  • Reverse trade signal (true or false) - changes signal to its opposite (for buy - sell order is sent, for sell - buy order is sent)

Order settings:
  • Take Profit**
  • Stop Loss**
  • Lot size
  • Slippage**
  • Magic number

**These values are set in pips (0.0001). 1 pip = 10 points for 5 digits broker.


The logic behind Expert Advisor's algorithm

It may seem that single candlestick is not sufficient statistical data to identify the current trend, however if a trend is strong enough, then corresponding candlesticks will prevail and show up repeatedly.

Additional modes added to this strategy may detect current trend with higher accuracy. Signal lagging is from 1 up to 5 bars, depending on mode of operation.


Hedging (FIFO) and Order processing

This Expert Advisor is FIFO "First In First Out" compliant, therefore hedging is not possible. An order is sent by bar and closes by tick.
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Xyron Edge is a Professional breakout Expert Advisor (EA) designed to trade market structures by utilizing swing high and swing low levels. The EA places pending orders above resistance areas and below support areas to capture breakout movements while maintaining controlled risk management. --------- EA Setting & Preset :  EA Input Settings Guide Live Signal :  https://www.mql5.com/en/signals/2395361 --------- Key Features Fully automated trading Dynamic support and resistance detection Pen
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Download Trial EA Budak Ubat Channel Limited Time Price! The price will increase by 10 USD after every 10 purchases! How it works When the EA is active, it will analyze the chart based on the Execution Mode parameter. If there are no existing positions on the chart, the EA will enter a trade based on the parameter. If the trend is bullish, it will enter a buy trade and if it is bearish it will enter a sell trade. And it will also set a Stop loss order at a certain distance from the opened trad
Just like that
Soolmaz Baramakeh
5 (1)
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Price update As announced earlier, the price of this EA is now $119 . The next price increase will happen after 3 more sales . Thank you for your trust, and wish you profitable trading! Explanation of how the " Just like that " Expert Advisor trades. 1 - This is a scalping-style trading Expert Advisor. This Expert Advisor makes trading decisions based on market movement speed, an analysis of candlestick behavior, and the power of the Heiken Ashi system. 2 - It is an excellent choice for
Big Forex Players MT4
MQL TOOLS SL
4.63 (43)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Infinity Trader EA
Lachezar Krastev
5 (20)
Experts
BLACK FRIDAY SPECIAL: 70% OFF + FREE GIFT! Massive savings on our top automated systems: Buy Infinity Trader EA: Only $197 (Save 70% — Regular price: $547) BONUS EA: Get Crypto Master EA 100% FREE (Regular price: $497) Total Value: $1044 — Yours today for just $197! How to claim: Direct message (DM) us your purchase confirmation to unlock your free Crypto Master EA license! Full offer details & live performance stats: https://www.mql5.com/en/blogs/post/778315 Infinity Trader EA Live Results:  h
Quantum King MT4
Bogdan Ion Puscasu
5 (6)
Experts
Quantum King EA — Intelligent Power, Refined for Every Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Special Launch Price Live Signal:   CLICK HERE MT5 version : CLICK HERE Quantum King channel:   Click Here ***Buy Quantum King MT4 and you could get Quantum Queen X or Quantum Athena X or Quantum Commander or Quantum Emperor or Quantum Baron or Quantum OmniGold or Quantum StarMan for free !*** Ask in
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Andriy Sydoruk
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Here is the corrected and adapted description for your BioBot scalping system in English , fully aligned with the actual input parameters from your code: BioBot Scalping System Description BioBot is a high-performance automated scalping trading system designed for trading various financial instruments (currency pairs, metals, etc.), primarily on M1 – M15 timeframes. Optimizing BioBot just once (for example, over a one-month period) is sufficient to deliver strong results on a forward period sev
Stability Pro MT4
Profalgo Limited
5 (1)
Experts
LAUNCH PROMO: ONLY 34 9 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our   promo blog ! JOIN PUBLIC GROUP:   Click here Live results low risk Live results high risk Welcome to STABILITY PRO :  One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in every
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Shane Lee
5 (2)
Experts
Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatically adjust to the user's account balance and maximum drawdown settings, although
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