Candlestick Patterns Trade Custom
50 USD
Demo downloaded:
276
Published:
13 March 2017
Current version:
1.1
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Hi Dennis,
I thoroughly tested your EA and am very impressed with the performance, except that it rapidly blew my account and I'm not sure why. I attached a photo of my settings. I ran the test in the MT4 tester from 1/1/2017 to 9/1/2017. Started account with $3,000. From January to May 11th the account got up to $10,000, then on May 16th it blow my account with four trades. I had trailing stop set, so I'm not sure why those four trades did not get stopped out. Instead, they held the short position until my account blew up. Please see the attached photo of the chart. I have big red arrows pointed to the four short positions that blew me up. I will buy your EA if I can figure out how to adjust setting so I don't lose all my money. I traded EUR/USD on 1 Hour chart. I also attached an image of the Balance/Equity graph, and the journal. Thanks in advance for getting back to me. Also, do you have same EA for MT5?
Hi Dennis,
I thoroughly tested your EA and am very impressed with the performance, except that it rapidly blew my account and I'm not sure why. I attached a photo of my settings. I ran the test in the MT4 tester from 1/1/2017 to 9/1/2017. Started account with $3,000. From January to May 11th the account got up to $10,000, then on May 16th it blow my account with four trades. I had trailing stop set, so I'm not sure why those four trades did not get stopped out. Instead, they held the short position until my account blew up. Please see the attached photo of the chart. I have big red arrows pointed to the four short positions that blew me up. I will buy your EA if I can figure out how to adjust setting so I don't lose all my money. I traded EUR/USD on 1 Hour chart. I also attached an image of the Balance/Equity graph, and the journal. Thanks in advance for getting back to me. Also, do you have same EA for MT5?
Hi Dennis,
I thoroughly tested your EA and am very impressed with the performance, except that it rapidly blew my account and I'm not sure why. I attached a photo of my settings. I ran the test in the MT4 tester from 1/1/2017 to 9/1/2017. Started account with $3,000. From January to May 11th the account got up to $10,000, then on May 16th it blow my account with four trades. I had trailing stop set, so I'm not sure why those four trades did not get stopped out. Instead, they held the short position until my account blew up. Please see the attached photo of the chart. I have big red arrows pointed to the four short positions that blew me up. I will buy your EA if I can figure out how to adjust setting so I don't lose all my money. I traded EUR/USD on 1 Hour chart. I also attached an image of the Balance/Equity graph, and the journal. Thanks in advance for getting back to me. Also, do you have same EA for MT5?
Hi, on the chart the balance/equity has large drawdown, this can be avoided if we put StopLoss. I would recommend to optimize each candlestick pattern on options take profit, stop loss, trailing stop. Then, for each candlestick patterns to select the optimal settings, currency pair, timeframe. We should not strive to collect all parameters in a single EA on a single chart. EA allows you to customize the trade for each candlestick pattern on a separate chart.
I don't work with MT5 at the moment.