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KT Candlestick Patterns Robot MT5

KT Candlestick Patterns Robot is a 100% automated expert advisor based on the KT Candlestick Patterns indicator. After fetching the candlestick patterns and signals directly from the indicator, it performs some pre-checks and assessments to execute the trading positions efficiently.

  • Entries: On the emergence of new candlestick patterns.
  • Exits: The opposite pattern, Neutral pattern, Stop-loss, or Take-Profit.

All the dependencies are embedded in the expert advisor. It's not imperative to buy the KT Candlestick Patterns indicator to operate this EA successfully.

This EA includes many of the candlestick patterns discussed extensively in Steve Nison's book - Japanese Candlestick Charting Techniques. Apart from the patterns included in Steve's book, it also has many other intricate candlestick patterns that are usually not very famous among the traders.


Features

  • Go fully automated with the KT Candlestick Patterns indicator and save tons of time.
  • No additional download is required. All the required dependencies are embedded in the EA.
  • It prints the pattern name with each entry to facilitate the identification of each trade.
  • Further boost the EA performance using the inbuilt filters like Session-Filter, MMI, Vortex, Volatility, Market Regime and more.
  • Flexible stoploss trailing to prevent the winners from turning into losses.
  • Protection against the black swan events using the max. loss function.

Included Patterns

----- Reversal Patterns -----

  • Harami
  • Hammer/Shooting Star
  • Engulfing
  • Three White Soldiers/Three Black Crows
  • Three Outside Up/Down
  • Three Inside Up/Down
  • Morning Star/Evening Star
  • Squeeze Pattern
  • Belt Hold
  • Dark Cloud Cover/Piercing
  • Advance Block/Descent Block
  • Counterattack Lines
  • Ladder Bottom/Top
  • Kicker
  • Homing Pigeon/Descending Hawk

----- Trend Continuation Patterns -----

  • Marubozu
  • Rising Window/Falling Window
  • Fakey Breakout
  • Mat Hold
  • Rising Three Method/Falling Three Method

----- Neutral Patterns -----

  • Simple Doji
  • Long Legged Doji
  • Gravestone Doji
  • Dragonfly Doji

Input Parameters

  • ---- Candlestick Patterns Setting ----
  • Min. Bars Between Patterns: The number of min. bars between each pattern.
  • Enable/Disable the included candlestick patterns.
  • Draw Pattern Names: If true, EA will draw the pattern name with each new trade.

  • ----- Trade Settings -----
  • Max. Active Positions: The no. of maximum active positions in the same direction.
  • Exit at Opposite Pattern: If true, positions will be closed at the patterns in opposite direction.
  • Lot Size Method: Fixed or Auto

  • ----- Exit Settings -----
  • Exit at Opposite Pattern: true/false
  • Exit at Neutral Pattern: true/false
  • Stoploss Method: Pips/Volatility/Fetch from indicator
  • Take-Profit Method: Pips/Volatility 
  • SL Trailing Method: Pips/Volatility

  • ----- Set the Filters -----
  • Trading Sessions: All | Asian | London | New York | Asian-London | London-New York | New York-Asian
  • Trend Filter: True | False 
  • Volatility Filter: True | False 
  • Vortex Filter: True | False 
  • MMI Filter: True | False 

  • ----- Miscellaneous Settings -----
  • Max Loss Protection: True | False 
  • Logging: True | False (EA logs all its operation in the journal tab)
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Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/2264971 My other products    -      click here Keep in mind that the results on different brokers may differ, I recommend testing on your broker before using it (you can ask me for a list of recommended brokers in the PM). Read the blog post with the description of the adviser before starting work and if you have any additional questions, write to me in the PM. A fully automatic Expert Advisor that does not require additional
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PROP FIRM READY! ( download SETFILE ) LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Welcome to the Gold Reaper! Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conservative to extreme
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Japan AI Exo Scalp EA – An advanced short‑term trading robot for MT5 that fuses Japanese financial engineering with cutting‑edge GPT technology through a “Three Arrows” consensus framework. AI Consensus Algorithm: Three GPT models (Lightning Scalper, Deep Trend Master, Adaptive GPT) coordinate to determine market direction, providing neutral and well‑balanced trade decisions. Japanese Financial Engineering: Condenses domestic quantitative expertise into a high‑precision short‑term trading logic.
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If you trade Forex, having detailed information about the currency strength and currency pairs correlation can take your trading to new heights. The correlation will help to cut your risk in half, and strength analysis will help to maximize the profits. This indicator provides a hybrid approach for selecting the most appropriate currency pairs using the strength analysis and currency pairs correlation. How to use the Currency Strength Analysis Suppose your trading strategy provides a buying opp
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KT Asian Breakout indicator scans and analyzes a critical part of the Asian session to generate bi-directional buy and sell signals with the direction of a price breakout. A buy signal occurs when the price breaks above the session high, and a sell signal occurs when the price breaks below the session low. Things to remember If the session box is vertically too wide, a new trade should be avoided as most of the price action has already completed within the session box. If the breakout candle is
KT Auto Fibo
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KT Auto Fibo draws Fibonacci retracement levels based on the ongoing trend direction. The Highs and Lows are automatically selected using the Maximum and Minimum points available on the chart. You can zoom in/out and scroll to adjust the Fibonacci levels accordingly. Modes Auto:  It draws the Fibonacci levels automatically based on the chart area. Manual: It draws the Fibonacci levels only one time. After that, you can change the anchor points manually. Usage: Helps to predict the future profi
KT Psar Arrows
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KT Psar Arrows plots the arrows on chart using the standard Parabolic SAR indicator. A bullish arrow is plotted when the candle's high touch the SAR. A bearish arrow is plotted when the candle's low touch the SAR. The signals are generated in the real-time without waiting for the bar close.  Features A beneficial tool for traders who want to experiment with the trading strategies that include the use of Parabolic Sar indicator.  Can be used to find turning points in the market. Use custom PSAR
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KT Volatility oscillator analyze the past and current market data with a mathematical formula to display the result in a form of an oscillator. The growing and deteriorating waves are equivalent to high and low volatility in the asset.  In a nutshell, volatility is simply a measurement of the price fluctuation of an asset over a certain period of time. Without volatility, there would not much movement in the market and traders would not be able to profit from the price movements. Use of Volatil
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KT RSI Divergence robot is a 100% automated expert advisor that trades regular and hidden divergence built between the price and Relative Strength Index (RSI) oscillator. The divergence signals are fetched from our freely available RSI divergence indicator. Not every divergence ends up in a successful price reversal, that's why this ea combines the raw divergences signals with its inbuilt technical analysis module to exploit the price inefficiency that occurs after some selected divergence sig
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Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefra
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KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA or indicator. Features Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a d
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KT Pin Bar identifies the pin bar formation which is a type of price action pattern which depicts a sign of reversal or rejection of the trend. When combined with support and resistance, BRN and other significant levels, Pin Bar pattern proved to be a very strong sign of reversal. Basically, a pin bar is characterized by a small body relative to the bar length which is closed either in upper or lower 50% part of its length. They have very large wicks and small candle body. A pin bar candlestic
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KT MACD Divergence shows the regular and hidden divergences build between the price and oscillator. If your trading strategy anticipates the trend reversal, you can include the MACD regular divergence to speculate the potential turning points. And if your trading strategy based on the trend continuation, MACD hidden divergence would be a good fit. Limitations of KT MACD Divergence Using the macd divergence as a standalone entry signal can be a risky affair. Every divergence can't be interprete
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KT Bollinger Bands Trader is a 100% automated expert advisor that's incorporated a mean reversion trading strategy using the Bollinger bands during the period of low volatility. Price often reacts at the upper or lower line of Bollinger bands, but a reversal not always occurs. However, there is more chance of price reversal during the time of low volatility. Entries A buy trade is activated when price correctly aligns below the bottom line of Bollinger bands. A sell trade is activated when pric
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KT Heiken Ashi Smoothed is a smoothed version of the standard Heiken Ashi. Moreover, it also plots buy/sell arrows on a trend change. A buy arrow is plotted when it change to a bullish state from bearish state. A sell arrow is plotted when it change to a bearish state from bullish state. Mobile notifications, Email, Sound and Pop-up alerts included. What exactly is Heiken Ashi Smoothed? It filters out the false signals and noise in the standard Heiken Ashi. It applies the set of two moving ave
KT MA Crossover MT4
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KT MA Crossover draws the buy and sell arrows based on the crossover of chosen moving averages. Moreover, it also generates the appropriate alerts and displays the MFE (Most Favorable Excursion) for each successive signal. The moving average crossover is one of the primary strategies followed by traders around the world. Usually, it consists of a fast and slow moving average to find a buy and sell entry signal according to the crossover direction. Buy signal - when fast MA crosses above the slo
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Despite the popularity of inside bar pattern among the traders, using it as a standalone signal doesn't provide any edge in the market. KT Inside Bar Advanced indicator solves this problem by combining the classic inside bar pattern with the "ECE" cycle and Fibonacci extensions. Using this indicator in place of our classic inside bar indicator will provide a tremendous advantage and edge in the market. What is the ECE cycle? In financial markets, the price never moves in a straight line but u
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Version 1.2 2025.04.23
- Added the options to allow trading on weekends.
Version 1.1 2023.05.30
- recompiled.