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CodEx

4.33

Operation of the CodEx Expert Advisor is based on patterns composed of consecutive candles. Positions are closed when opposite signals appear.

Sequences of candles are encoded into an integer according to the following rule. The code number must be converted to binary form and the highest bit must be discarded. The resulting sequence of bits encodes a continuous sequence of candles, where 1 is a bullish candle, 0 is a bearish candle. The higher bits encode the earlier candles. For example: 19[10]=10011[2], the obtained sequence of candles is [bear][bear][bull][bull].

In the input parameters, the patterns for buy signals are encoded. The EA obtains the patterns for sell signals by inverting the initial patterns.


Input parameters

  • Code Set - string parameter that contains numbers separated by comma - codes of candlestick patterns for buying, used in trading and in testing of the EA.
  • Code - numeric parameter, that contains the code of the candlestick pattern of the buy signal, used in optimization of the EA.
  • Stop Loss - loss fixing level in points.
  • Take Profit - profit fixing levels in points.
  • Lot - lot size.

The screenshots demonstrate the backtesting results. The Expert Advisor was tested on EURUSD H1 in the "Every tick" mode from 04.01.2016 to 13.08.2017, with the values Code Set=34, Lot=0.1.

Reviews 7
Harrier21
24
Harrier21 2022.06.05 15:46 
 

veryGd

ai1111
692
ai1111 2021.03.16 21:01 
 

Спасибо, хорошая работа!!!!

DAUDI GABRIEL LWILA
137
DAUDI GABRIEL LWILA 2020.10.24 19:31 
 

It's good but keeps on detaching on my mt5 I don't know the reasons. Can you please assist

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Harrier21
24
Harrier21 2022.06.05 15:46 
 

veryGd

Miguel Jimenez Cordero
7219
Miguel Jimenez Cordero 2021.05.26 09:25 
 

Good job.

ai1111
692
ai1111 2021.03.16 21:01 
 

Спасибо, хорошая работа!!!!

DAUDI GABRIEL LWILA
137
DAUDI GABRIEL LWILA 2020.10.24 19:31 
 

It's good but keeps on detaching on my mt5 I don't know the reasons. Can you please assist

Anton Gorin
24629
Reply from developer Anton Gorin 2020.10.26 08:59
Are there any messages on the Experts tab in your MetaTrader 5 terminal?
[Deleted] 2019.01.01 03:03 
 

User didn't leave any comment to the rating

Mauro Giuseppe Tondo
1676
Mauro Giuseppe Tondo 2018.06.06 00:01 
 

User didn't leave any comment to the rating

Andrey Litvichenko
7583
Andrey Litvichenko 2017.10.17 05:48 
 

User didn't leave any comment to the rating

Reply to review
Version 1.5 2021.07.12
Input parameter Minimum Level To Close added. Expert close position on opposite signal, only when current profit/loss in points greater settled value.
Version 1.4 2021.06.09
Input parameter Only Opening added. When it's active, expert open position but don't close it itself.
Version 1.3 2021.03.15
Added input parameter Magic Number (for hedging accounts).
Version 1.2 2018.12.31
Input parameter Orders Type added. It allow to limit type of positions: only buy or only sell.
There was changes made for correct work on hedging accounts.
Version 1.1 2017.10.25
Added input parameters Stop Loss and Take Profit in points.