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Candle EA MT4

3.53

This expert is based on patterns
The main patterns of this specialist are candlestick patterns
Detects trends with candlestick patterns
It has a profit limit and a loss limit, so it has a low risk
The best time frame to use this expert is M30 time frame
The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs



Attributes:

  • Can be used in the EURUSD, GBPUSD, AUDUSD, USDCAD  currency pairs
  • Can be used in M30, H1, H4 time frames
  • Has profit limit and loss limit
  • Without using risky strategies like martingale or hedge
  • According to FIFO rules
  • Can be used with low capital
  • Various capital management strategies
  • Can be used in prop companies

Minimum tested capital
 100$
Minimum tested leverage
 50
best brokers for this expert
 Big and well-known brokers
best currency pairs for this expert
EURUSD , GBPUSD , AUDUSD , USDCAD
best time frames for this expert
 M30 , H1 , H4


Settings:

  • magic Number: If you want to use several experts at the same time, this setting is useful for you. Each expert must have a different magic number.
  • Order Long: If you want to disable long (buy) trades, this setting is useful for you. By default, long trades are active
  • Order Short: If you want to disable short (sell) trades, this setting is useful for you. By default, short trades are active
  • comment: If you want to distinguish the trades of this expert from other experts, this setting is useful for you.
  • Risk: This setting is useful for all traders. The best amount of risk is 2%. In the beginning, don't take too many risks
  • Set the Lot value manually: If you want to set the lot value manually (not automatically in the settings above), this setting is useful for you. Specify the lot amount so that the expert trades the same amount in each trade.
  • take Profit : If you want to set the profit limit yourself, this setting is useful for you. These settings are based on points.
  • stop Loss :If you want to set the loss limit yourself, this setting is useful for you. These settings are based on points.
  • Breakeven Enable: If you want to use breakeven settings, activate this option. Protect the profit earned in each trade using these settings. Search the internet for more information.
  • Breakeven: Determine the break ion value. This setting is based on points. After reaching this amount of profit, the expert equalizes the loss limit with the entry price in the trade. (Your risk becomes zero.)
  • Max Spread : If your spread broker amount is high, this setting is useful for you. If the value of your spread broker is higher than these settings, it will not trade. This setting is based on points.
  • trailing stop: If you want to take care of your profit, this setting is useful for you.
  • days of the week: If you want the expert not to trade on some days, this setting is useful for you.


Frequently Asked Questions:

  • Does this expert comply with FIFO rules?
    Yes, this expert is fully compliant with FIFO rules.
  • Can this expert trade at the same time in the 4 currency pairs you mentioned?
    Yes, this expert can trade simultaneously in all currency pairs and all time frames.
  • Does the expert also trade with symbols that have suffixes, such as "EURUSD.c" or “EURUSD.b” or “Gold” or “EURUSD.a” or…, or does it require special settings?
    This expert automatically recognizes the symbol and trades. No special settings are required. If the gold symbol in your broker has a prefix or suffix, don't worry.
  • Will you be updating Expert in the future?
    Yes, we update the expert every 1-2 months and put it on the site. If you have any suggestion or criticism, be sure to tell us so that we can fix the problem in the next version.
  • Are the updates free?
    Yes, updates are free for those who have purchased or rented Expert. We will put the new update on the site and Metatrader.
  • Can this expert be used in other symbols?
    You can run this expert in other symbols. Expert also trades. But the results of other symbols are not like the symbols we have proposed
  • What is the average number of trades?
    The number of trades in backtest and live are exactly the same. So you can see the number of trades in the backtest with your desired settings.
    For example, in the last month, then you will get the answer. The average number of trades in live is the same as the average number of trades in the backtest.
    Because of the different settings, I can't say one number that is the same for all buyers. So based on your settings, you can find the average.
  • Should the expert be active all the time (24/7)? Does that mean I have to use VPS?
    There is no need, you can only run the expert as many times as you want. But if Expert Trade is open, it is better not to close it. So if you use VPS, it is better.


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        Comentarios 51
        Pis Aei
        47
        Pis Aei 2024.05.30 07:45 
         

        so far so good, exness broker

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        Mark White
        38
        Mark White 2024.08.16 19:20 
         

        El usuario no ha dejado ningún comentario para su valoración

        sue townsend
        37
        sue townsend 2024.06.12 10:17 
         

        El usuario no ha dejado ningún comentario para su valoración

        Steven Ashley
        47
        Steven Ashley 2024.06.11 15:34 
         

        El usuario no ha dejado ningún comentario para su valoración

        Eric Dixon
        29
        Eric Dixon 2024.06.10 09:56 
         

        El usuario no ha dejado ningún comentario para su valoración

        Robert McGuire
        28
        Robert McGuire 2024.06.09 09:11 
         

        El usuario no ha dejado ningún comentario para su valoración

        HO YUEN DAVID SIN
        1686
        HO YUEN DAVID SIN 2024.06.05 16:27 
         

        I bought Candle EA MT4 on Feb. 08 2024. Till now I can not make any profit in the forward trading with Tickmill account （vip account type， very low spread). I can only make profit in the excellent backtesting. The gift of Sharp EA is keep losing. I don't while so many users are give 5 stars while I can not make any cents after few months! I will definately give 5 stars when I can make some money, at lease to cover the purchase cost. I will show my account reesults in the comment section. I use default settings·

        People，who give good comments, could you kindly show your trading record in the comments? We should give the comment to lead others to the right direction, not the opposit. Thanks a lot!

        jon Vigfusson
        40
        jon Vigfusson 2024.06.01 15:28 
         

        El usuario no ha dejado ningún comentario para su valoración

        George Reynolds
        54
        George Reynolds 2024.05.31 18:05 
         

        El usuario no ha dejado ningún comentario para su valoración

        Pis Aei
        47
        Pis Aei 2024.05.30 07:45 
         

        so far so good, exness broker

        Kenneth Gates
        41
        Kenneth Gates 2024.05.29 08:42 
         

        El usuario no ha dejado ningún comentario para su valoración

        Francisco Javier Garzon Mendez
        360
        Francisco Javier Garzon Mendez 2024.05.23 17:18 
         

        this EA only works in backtesting. Take goood profit, In real market is veery bad. Im test in account all months in red Only the last mont april in profit. This mont Lost all terrible

        Peter FitzPatrick
        36
        Peter FitzPatrick 2024.04.02 10:18 
         

        El usuario no ha dejado ningún comentario para su valoración

        Otgonbayar purevjav
        28
        Otgonbayar purevjav 2024.03.13 09:45 
         

        El usuario no ha dejado ningún comentario para su valoración

        Gary Dickerson
        16
        Gary Dickerson 2024.03.11 12:05 
         

        El usuario no ha dejado ningún comentario para su valoración

        Robert McLean
        39
        Robert McLean 2024.03.09 08:19 
         

        El usuario no ha dejado ningún comentario para su valoración

        aoizakura
        86
        aoizakura 2024.03.09 07:39 
         

        I have been using "Expert Advisor" for more than 10 years. I have actually purchased this "EA" and have been using it for more than a month. The settings of the "EA" are the recommended settings that the author has posted on the Setting page. (However, the recommended settings are frequently changed and those with poor performance are removed.) It is a scam product. The long-term back-test results are extremely good. However, the back-test results for the last 3 months are extremely poor. The reason for this is that "they are fraudulently claiming to win in backtests". The update of the product has been stopped and I think the version is stuck at 1.7. In other words, it does not retain historical data since the update stopped, so it cannot win. In short, you cannot win in actual trades. Sometimes you can win, but more often you lose. The results are really bad. Still, if you want to buy it, you should buy it. You may realize it after losing a lot of money. I want a refund.

        Mario Campuzano
        37
        Mario Campuzano 2024.03.08 08:39 
         

        El usuario no ha dejado ningún comentario para su valoración

        tonha39
        68
        tonha39 2024.02.29 08:07 
         

        The past historical records and backtest results were very beautiful, but the actual transaction showed a loss. It was obvious that I wasted $830.

        iam rachana
        29
        iam rachana 2024.02.27 06:43 
         

        El usuario no ha dejado ningún comentario para su valoración

        Helen Steel
        63
        Helen Steel 2024.02.26 08:14 
         

        El usuario no ha dejado ningún comentario para su valoración

        123
        Respuesta al comentario
        Versión 2.20 2024.10.05
        Strategy and patterns updated.

        The setting of the maximum DD value was added to the expert.
        To learn more about these settings, read the Settings Help page.
        Versión 2.10 2024.07.29
        Added notification settings:
        If you wish, enable this setting to receive a notification on your computer or mobile when the expert trades.

        Added "maximum spread" settings to Expert:
        If your broker's spread is greater than this number, expert will not trade.
        These settings are suitable for when the market has strong fluctuations (such as news) or when the market is closed (brokers increase the spread), and it prevents the expert from doing trades with a large spread.
        Versión 2.0 2024.05.31
        Prop form settings were added to Expert
        From now on, you can use this expert in prop accounts.
        Versión 1.90 2024.03.24
        A bug has been fixed.
        Thank you for your cooperation, dear customers
        Versión 1.80 2024.03.19
        A big change:
        Strategy and patterns have been updated. According to the latest Forex market patterns (2024)

        Trailing stop settings have been added to Expert.

        0.5% risk has been added to the settings.

        Weekday settings have been added to Expert.

        The problem of foreign currencies (such as Japanese yen) has been resolved.

        Anti-Martingale capital management settings have been added to Expert.

        A small bug has been fixed.

        For more information about the settings, you can read the settings guide page.

        Thank you for your cooperation and patience, dear buyers.
        The programmer team will do their best to get your satisfaction.
        Versión 1.70 2024.01.09
        Added 1 and 1.5% risk to settings.
        A small bug was fixed.
        Added some candlestick patterns to our strategy.
        Thank you for your cooperation, dear buyers
        Versión 1.60 2023.12.23
        Several capital management strategies were added to Expert:
        dubbing
        Dubbing pad
        R to different R
        Versión 1.40 2023.12.10
        The strategy was updated

        Added a setting to increase the number of trades
        Versión 1.20 2023.12.06
        A very big update.
        3 currency pairs were added to Expert:
        GBPUSD, AUDUSD, USDCAD

        Two time frames were added to Expert:
        M30, H4

        Several different strategies were added to Expert:
        Long, short, type 1, type 2, type 3