Market / MetaTrader 4 / Asesores Expertos /

Seven Candles

50 USD

Descargado demo: 288

Publicado: 22 julio 2015

Versión actual: 2.1

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Información general
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Discusión (14)
Novedades

Seven Candles

Asesores Expertos
Luiz Tim
Versión: 2.1
Actualizado: 8 abril 2020
Activaciones: 5

This strategy searches for trade opportunities based on what area the close price is, in comparison with Moving Average.

In order to be triggered, a pattern between candles also must occur. The EA works well on trending markets.

It has been initially developed for stock markets indices (SP500, NASDAQ, etc) on Dailychart entering long positions only. However, I refined the strategy in order to enter short positions as well.

It does not use stop loss or take profit, so the losing trades outweigh the winning ones. Thinking about that, this EA has further functionalities built-in:

Stop Loss
Take Profit
Trailing Stop
Timer function: setup what time robot should trade
Some others

The EA works on any symbol and timeframe.

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Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario

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The Intraday Momentum Index ( IMI ) is a technical indicator that combines aspects of Candlestick Analysis with the Relative Strength Index ( RSI ). The Intraday Momentum Index indicator concept remains similar to RSI and includes the consideration for intraday open and close prices. The IMI indicator establishes a relationship between a security open and close price over the duration of a trading day, instead of how the open and close prices vary between different days. As it takes into conside

50 USD

The Seven Candles is an Expert Advisor that implements a strategy originally described on the book Short Term Trading Strategies That Work by Larry Connors and Cesar Alvarez. Developed to trade stock indexes (SP500, Down Jones, NASDAQ, BOVESPA, Nikkei, etc.), this strategy seeks for trading opportunities based on where the close price is in relation with Simple Moving Average indicator. However, in order to be triggered, a pattern between candles also must occur. The original strategy seeks long

50 USD

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Pavel Malyshko 2019.04.05 23:17 #

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Versión 2.1 2020.04.08

Robot updated to accommodate new MetaTrader builds

Versión 2.0 2017.04.13

- All text and parameters are in English

- Status on Screen

- Better Performance

- Ability to set another candle look-back for exit

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