Smart Candle Trigger

The SCT(Smart Candle Trigger) mt5 is designed for the manual trader who needs assistance to open and manage orders in defined SUPPLY and DEMAND zones. Trader based on his/her strategy define zones on the charts and SCT will open positions based on candle confirmation of Engulf and PinBar once price come into trader zones. SCT works on all kinds of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc.

Benefits

  • Save trader time and energy to follow candles of market for confirmation
  • Don't need to be behind charts when price comes into your zones.
  • Fast without delay
  • Accurate Calculations
  • Creating comfort and removing emotions and feelings of the trader helps a lot in profitability.
  • Simplicity and usability

Capabilities

  • You need to run SCT once for one account  SCT automatically recognize all define zones defined by trader on all open charts and symbols. There is no need to execute SCT on each chart. Just put it in your main chart.
  • Risk Management
  • Money Management
  • Risk Free
  • Trigger Selection (PinBar, Engulf or Both)
  • Support 2 Time Frames for Entry (Sometimes trigger not made in one time frame)

Settings

  • enable / disable PinBar Trigger
  • enable / disable Engulf Trigger
  • enable / disable 2nd Entry Time Frame
  • define entry Time Frame
  • Risk & Money Management
    • % Risk per trade
    • Reward to Risk Ratio
    • enable / disable risk Free of Trades
    • Reward for Risk Free
    • Max open positions per symbol
    • Max open positions per zone
  • Failed Zone Conditions
    • Breakout type (Max_Point or Bar_Close)
    • MAX_Points for zone breakout
    • enable / disable deletion of failed zones


You can download, test and enjoy the FULL FUNCTIONAL VERSION of the SCT that expires at the end of 2024 January via this link.


You can ask any questions about the work of the program in Telegram.

Full description of SCT operation

Full description of SCT settings


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Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets"   https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open   one   additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following fu
Un seul achat. Tous mes indicateurs MT4 et MT5, disponibles aujourd’hui et publiés à l’avenir, sans frais supplémentaires. Contactez-moi après l’achat pour connaître la procédure de réception. Il est prévu d’augmenter le prix de 50$ toutes les 10 ventes, jusqu’à 999$. Le prix du Market au moment du paiement fait foi. Gardez l’indicateur auquel vous faites confiance. Automatisez les tâches qui l’entourent. Votre signal. Vos règles. Votre exécution. Vous utilisez déjà un indicateur MT5 fiable, ma
Les signaux de vos canaux Telegram, copiés sur MetaTrader 4 et MetaTrader 5 en quelques secondes. TradingMind Signal Bridge lit les canaux et les groupes que vous choisissez, reconnaît chaque signal grâce à des règles intégrées rapides, confie les messages confus à un modèle d'IA, y compris les signaux publiés sous forme de captures d'écran, et transmet l'ordre à un expert advisor sur votre terminal. Un filtre news, une protection pour les comptes de prop firm et un bot Telegram de contrôle à di
Master Your Trading Discipline   Stop losing your hard-earned gains to overtrading and emotional decisions. The Discipline Tool is your ultimate trading assistant, ensuring strict risk management in real-time. Key Protection Features: Advanced Drawdown Defense : Automatically halts trading if your daily drawdown exceeds a preset threshold (percentage or dollar amount). Real-Time Equity Lock : Safeguard profits by referencing peak equity, ensuring drawdown stays within control. Hard Profit Target
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