TriCandle Pro EA
- Experts
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Kait Budi Kiswoyo
Algorithmic trader & MQL5 developer focused on building and optimizing automated trading systems. I work with Forex and metals using data-driven strategies, backtesting, and risk management to create consistent performance. - Version: 1.0
- Activations: 10
TriCandle Pro EA is a price action-based Expert Advisor designed to identify trading opportunities from classic candlestick patterns: Three White Soldiers and Three Black Crows, which are known as strong signals of bullish and bearish market pressure.
This EA does not rely solely on candlestick patterns, but is also enhanced with a combination of trend filters (EMA) and momentum filters (RSI) to improve signal quality and reduce suboptimal entries.
Key Features:
- Automatic detection of Three White Soldiers (BUY) & Three Black Crows (SELL) patterns
- Market direction filtering using EMA (Fast & Slow)
- Momentum validation using RSI (Relative Strength Index)
- Automatic Risk Reward system
- Stop Loss based on candle structure
- Single Entry System (only one position at a time)
- Anti-overtrading (maximum 1 entry per candle)
How the EA Works:
- BUY → When a bullish pattern is detected, supported by appropriate trend and momentum conditions
- SELL → When a bearish pattern is detected, supported by appropriate trend and momentum conditions
The EA will only open one position at a time and will not place additional entries until the current position is closed, helping to maintain better risk control.
Input Settings (User Friendly):
Trading Settings
- LotSize → Defines the trading lot size
- RiskReward → Ratio between Take Profit and Stop Loss
Trend Filter (EMA)
- FastEMA → Fast EMA period (short-term direction indication)
- SlowEMA → Slow EMA period (main trend indication)
Momentum Filter (RSI)
- RSIPeriod → RSI calculation period
- RSI_BuyMax → Maximum RSI level allowed for BUY entries
- RSI_SellMin → Minimum RSI level allowed for SELL entries
Stop Loss Settings
- SL_CandleShift → Determines Stop Loss position based on previous candles
(smaller value = more aggressive, larger value = more conservative)
Advantages of TriCandle Pro EA:
- Combines price action + trend filter + momentum filter
- Structured and non-random entry system
- Uses a Single Entry System to avoid overtrading
- Helps filter higher-quality trading signals
- Easy to use with no complex configuration
- Flexible parameters that can be adjusted to suit user strategies
Disclaimer:
Trading results using TriCandle Pro EA fully depend on the parameter (input) settings used by the user, including lot size, risk-reward ratio, and indicator configurations. This EA is a trading tool, not a guaranteed profit system. It is recommended to perform testing and adjust the settings according to market conditions and individual risk management.
TriCandle Pro EA – Trade with Logic, Not Emotion
