CandleCloseBot
- Experts
- Version: 7.0
- Activations: 5
CandleCloseBot — Price Action Expert Advisor
CandleCloseBot is a fully automated price-action EA built around completed-candle signals and structure-based stop placement. It reads the market candle by candle and manages every trade from entry to exit with a complete risk-management toolkit — no manual intervention required.
Key features:
- Price-action entries — signals derived from completed candles, with built-in filters to skip indecision candles and low-volatility (flat) conditions.
- Adaptive stop loss — stops are placed according to candle structure, with a configurable buffer. Optional virtual stop mode.
- Automatic position sizing — fixed percent-of-balance risk per trade, with min/max lot limits.
- Take profit — optional, based on a configurable Risk/Reward ratio.
- Breakeven — locks in profit by moving the stop once the trade advances far enough.
- Trailing stop — follows price as the move develops.
- Partial close — secures part of the position at a target level, then protects the remainder.
- Higher-timeframe trend filter — keeps entries aligned with the broader market direction; allows longs only, shorts only, or pauses trading.
- Hedging modes — off, reverse, or true hedging.
- Daily limits — daily loss limit and daily profit target, with optional auto-close.
- Extras — on-chart dashboard, push notifications, CSV trade log, time filter, and max-positions control.
Highly configurable and suitable for forex, indices, metals, and crypto across any timeframe.
