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  • Reviews (12)
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Candelabrum EA

No grid, no martingale, no scalping, no special requirements. 

The CANDELABRUM © EA determines pivot points based on candlestick patterns and the Bollinger bands indicator and opens orders in the direction of a new trend. Each order has a specified take profit level and is protected by stop loss. To increase the number of profitable deals, a unique Split system can be used, partially closing an order when it reaches specified levels. For complete risk control, the trading system at the opening of each transaction allows the use of a calculated order volume.

All calculations are carried out as a percentage of the size of the candlestick model using Fibonacci levels.

When working on the recommended periods (H4), the adviser does not require special trading conditions and works with almost any type of accounts.

Settings https://www.mql5.com/en/blogs/post/725897

Signals https://www.mql5.com/en/signals/464546   https://www.mql5.com/en/signals/544423


  • Minimum drawdown;
  • Algorithm of partial closing of the order Split;
  • Trailing stop;
  • There are no restrictions on the size of the deposit;
  • There are no high-risk strategies like martingale, grid, hedging, etc .;
  • Suitable for any currency pairs and timeframes;
  • Protection against spread expansion when opening an order;
  • Capital Management System with full risk control.

Input parameters

  • MagicId - unique number of the adviser;
  • Comm - comment for orders opened by the adviser;
  • Timeframe - working timeframe;
  • Start Hour, End Hour - time interval for opening orders;
  • Friday End Hour - the end time for opening orders on Friday;
  • MaxSpread - the maximum allowable value of the spread for opening an order;
  • MaxLot - maximum lot value of one order;
  • MinRange - the minimum size of the model;
  • LotType - order lottery mode:
    • LotManual - the lot size of each order corresponds to the value of MainLot ;
    • LotRisk - the lot size of each order is calculated based on the risk factor FactorRisk ;
    • LotAuto - the amount of each order is multiply changed, based on the ratio of the size of the account funds and FactorAuto .
  • MainLot - lot of one order (valid in LotManual mode);
  • FactorRisk - the maximum allowable loss for each order in% of AccountEquity (valid in LotRisk mode);
  • FactorAuto - the amount of AccountEquity account funds per each MainLot value (valid in LotAuto mode);
  • BPeriod - period of the Bollinger bands indicator;
  • BDev - deviation of the Bollinger bands;
  • Model1 - enable (true) / disable (false) the candle pattern Three Inside;
  • Model2 - enable (true) / disable (false) Engulfing candle pattern;
  • Takeprofit - take profit;
  • Stoploss - stop loss;
  • Trailing - enable (true) and disable (false) the trailing stop mode;
  • TrailStart - the level of inclusion of the trailing stop mode;
  • TrailStop - distance from the price to the stop loss in the trailing stop mode;
  • Split - enable (true) and disable (false) the Split mode - partially close an order in the amount of SplitLot after every SplitStep ;
  • SplitStart - the inclusion level of the Yplit mode;
  • SplitStep - Split mode step;
  • SplitLot -% of the remaining order volume, closed at each step;
  • SplitLotLastMin - minimum order size in Split mode;
  • ShowFibo - enable (true) / disable (false) the display of Fibonacci levels (it is recommended to disable it to speed up the optimization process);
  • FiboUpColorUp - color of levels for buy orders;
  • FiboDnColorDn - color of the levels for sell orders.

All products https://www.mql5.com/en/users/quattordici

RedBull 2019.04.17 10:55 

AirOne1 2019.04.10 11:44 

The author displays signals to entice buyers, but trades of the signals are manually created. NOT RECOMMENDED.

EA trades very less and if trades, gives BIG LOSSES only

Top Forex
Top Forex 2019.04.10 08:59 

Totally different (and negative) trades from author signals!!!

peronpmt4 2019.04.07 18:38 

Fantastic Support from Author!! I am waiting for good results!!

First results only loss!! EA poor!!

mlucouw 2019.03.31 19:09 

I asked the developer if I can get some discount and he blatantly frefused and was EXTREMELY rude to me I would not advice anyone to buy products from him as when selling products online at the very least some customer service is needed which he lacks 100%.


nn245354 2019.03.26 17:05 

Backtests did not look good but real trades are great. Miracles happen

icyou 2019.03.22 06:30 

This is a real high-tech. Yesterday's EUR and CAD were amazing!!!

Roy W
Roy W 2019.02.18 07:00 

Отличный советник! Отличные результаты!

4core 2019.02.04 14:01 

Миллионером стать не получится, но 10% в месяц при небольшой посадке реально делает, судя по тестам и сигналу. Автору отдельное спасибо за отзывчивость.

GrDln 2019.01.19 07:39 

Great ea!

Apmdept 2019.01.18 20:51 

I've got it. Free! Thanks Aleksei

FxWebpro 2019.01.18 16:58 

Perfect EA. An ideal advisor for calm trading. According to tests, growth is 100% per year.

Version 1.10 2019.02.05
Code optimization