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Candle Color Magic EA MT4

300 USD

Published: 25 October 2026

Current version: 2.0

Candle Color Magic EA MT4

Experts
Zafar Iqbal Sheraslam
Zafar Iqbal Sheraslam
United Arab Emirates

858
Version: 2.0
Activations: 10

Candle Color Magic EA

Candle Color Magic EA is a fully automated Expert Advisor for MetaTrader 4. It reacts only to strong, high-momentum price action, and it manages every trade cycle as one smart basket with built-in profit and loss protection.

For set file watch full YouTube video or contact us:

The EA does not trade on every candle. It waits for strong momentum confirmation, so it filters out market noise and avoids low-quality entries. When a cycle closes at its basket target or basket protection level, the EA automatically starts a fresh cycle.

Key Features

Momentum-based entries that only trigger on strong, qualified price movement

Intelligent basket management: all open trades are managed together as one unit

Basket Take Profit, in pips or in account currency

Basket Stop Loss, in pips or in account currency, for full cycle protection

Daily Equity Target: the EA closes all trades and stops for the day once the target is reached

Daily Drawdown Protection (%): the EA closes all trades and stops for the day to protect your account

Optional per-trade dollar Stop Loss

Maximum lot and maximum order limits for strict risk control

Spread filter and trading hours filter

Colorful on-chart control panel showing live equity, daily P/L, basket status and targets

One-click buttons: Pause/Resume, Close Buys, Close Sells, Close All, Reset Day

Clean chart theme with colored candles, no grid, and a trend line overlay

Settings survive a terminal restart: daily progress is remembered

Broker-friendly: automatic filling mode detection, margin checks and volume validation

Requirements

Works on any symbol and any timeframe. Higher timeframes (15mint and above) are recommended.

Recommended minimum deposit: depends on the symbol and lot settings. Always test first.

VPS recommended for 24/5 operation.

Main Settings

Starting lot, lot increment and maximum lot

Minimum momentum size (pips or points)

Basket TP and Basket SL (pips or money)

Maximum orders per basket

Daily target ($ or %) and daily drawdown (%)

Optional individual trade SL

Spread filter, trading hours and slippage

Magic number, trade comment and chart colors

Recommendations

Test in the Strategy Tester and on a demo account before going live.

Always keep Basket SL and Daily Drawdown enabled.

Use one Magic Number per chart and symbol.

Risk Warning

Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Past performance does not guarantee future results. This EA does not guarantee profits. Use proper risk management, and only trade with money you can afford to lose.

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20 SMA Universal Magic EA is a simple breakout Expert Advisor. It trades when price breaks out of a channel made by two moving averages: a 20-period SMA of the High and a 20-period SMA of the Low. The same EA is available for both MetaTrader 4 and MetaTrader 5, with identical logic and settings. For Set file you can Contact, if Required. How it trades BUY when a candle closes above the 20 SMA (High). SELL when a candle closes below the 20 SMA (Low). Each new breakout adds a position to the ba

300 USD

Candle Color Magic EA Candle Color Magic EA is a fully automated Expert Advisor for MetaTrader 5. It reacts only to strong, high-momentum price action, and it manages every trade cycle as one smart basket with built-in profit and loss protection. For Set file watch full YouTube Video or contact us: The EA does not trade on every candle. It waits for strong momentum confirmation, so it filters out market noise and avoids low-quality entries. When a cycle closes at its basket target or basket

300 USD

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Candle Color Magic EA MT4

Zafar Iqbal Sheraslam