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Japanese Candlestick Patterns EA MT5

5

Japanese Candlestick Patterns EA ΜΤ5 is a fully automated Expert Advisor with 8 built in strategies, based on the well known Japanese Candlestick Patterns. It has a unique number of settings that make it extremely versatile in all market conditions. This EA comes with new set files for many symbols/instruments, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary time adjustments to fit your broker/account.

Advice: None of my EAs are miracle products capable of predicting the market. Instead, they are honest, well-coded expert advisors designed to win more than they lose. They do not employ martingale or grid strategies, which means their results won't consistently show an upward profit curve; there may be ups and downs. Success with them requires patience and discipline. My general recommendation is to test all the provided set files in your strategy tester. If you discover any interesting results, consider making a purchase. I regularly optimize all my EAs and release new set files twice a year. Additionally, at the end of each month, I assess the performance of all the provided set files and offer new suggestions based on the symbols that have performed the best over the last 2-3 months. I advise you to trade only with the best-performing set files, limiting your risk to 0.5% or 1% per symbol, rather than using all of them. For my latest recommendations, please visit the backtests & set files blog by: clicking here.

 

Japanese Candlestick Patterns EA MT5 Settings/Inputs Guide   |   Japanese Candlestick Patterns EA MT5 Backtests & Set Files    |   Product Installation   |   Update of a Purchased Product


Features

  • Martingale, Grid, Averaging or other dangerous techniques are not used
  • 8 built in Strategies, based on the extremely reliable Japanese Candlestick Patterns
  • Specially optimized set files for many symbols/instruments
  • Hard and Virtual Take Profit and Stop Loss levels
  • SL, TP, BE and Trailing SL levels in Percentage of the Average Daily Range
  • Time and Price Level settings for maximum flexibility
  • 100% automated Expert Advisor
  • MQL5 VPS compatible


I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.


Check all my products: https://www.mql5.com/en/users/eleanna74/seller

Contact me for support: https://www.mql5.com/en/users/eleanna74


#tags japanese candlestick patters expert advisor robot bot japanese candles patters trading scalping trend trending strategy jpn candles patterns expert advisor ea robot bot strategy



Reviews 2
Mirko Adami
718
Mirko Adami 2023.01.20 17:32 
 

So good!

kevrm61
193
kevrm61 2021.11.05 11:53 
 

Excellent EA price action is by far the best trading, and Eleni has done well in creating this EA, very responsive answers messages very quickly, used so far for a week more testing to go, but so far very very good thanks Eleni

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Juvenille Emperor Limited
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Mirko Adami
718
Mirko Adami 2023.01.20 17:32 
 

So good!

Juvenille Emperor Limited
74544
Reply from developer Eleni Anna Branou 2023.01.20 17:34
Thank you very much for your excellent feedback and review Mirko!
kevrm61
193
kevrm61 2021.11.05 11:53 
 

Excellent EA price action is by far the best trading, and Eleni has done well in creating this EA, very responsive answers messages very quickly, used so far for a week more testing to go, but so far very very good thanks Eleni

Juvenille Emperor Limited
74544
Reply from developer Eleni Anna Branou 2021.11.05 12:54
Thank you very much for your excellent review! Your feedback has been very useful and I will keep improving the Japanese Candlestick Patterns EA.
Reply to review
Version 1.60 2024.06.06
Fix of an issue.
Version 1.50 2022.11.18
A new important update comes to the Japanese Candlestick Patterns EA MT5 that will improve significantly the responsiveness of the EA to the changes and volatility of the market.

The addition of Stop Loss, Take Profit, Break Even and Trailing Stop Loss levels in Percentage of Average Daily Range of a set number of Average Daily Range Candles.

Please update your Japanese Candlestick Patterns EA MT5 and load the new updated set files, that include the new SL/TP/BE ans trailing SL levels in Percentage of Average Daily Range.
Version 1.40 2021.12.09
Saturday and Sunday were added in the trading days, in order to be able to use Japanese Candlestick Patterns EA MT5 with cryptocurrencies too.
Version 1.30 2021.10.30
Change in the trading hours settings, in order to be optimizable.
Version 1.20 2021.04.19
New improved default settings for EURUSD D1 strategy.
Version 1.10 2020.02.16
Addition of Close All Positions at Specific Time option.