Doji Style

1

(Feel free to download this at absolutely no cost, if you like it I have a scalping manager here: https://www.mql5.com/en/market/product/101312 )


[Feel free to suggest on improvements that can be implemented. This EA will forever remain free.]


Timeframe: 5 Min upwards (The 1 minute timeframe has very short candles, stoploss cannot be set)

Currencies: Multi


Settings:

Lotsize: the trading volume for the EA

How long a position will be held: 900 000 milliseconds for the 5 minute time or an equavalent of 3 candlesticks

How far EA should look: 10 candlesticks back, this one is user preferred, it determines how far back the EA will look to determine if the detected doji occurs at an extreme position (has highest high or lowest low)

Ratio of shorter shadow: How long you want the short tail of the doji to be

Ratio of longer shadow: How long you want the longer tail to be


(By adjusting these settings, you can affect how profitable the EA is, for example, if you increase the duration in which a position is held, in a good a market reversal the profits can be quite significant. The shadows/tails affect the frequency of trading, as if its less strict it will take more trades albeit, the quality of the dojis will be afected as well.)


EA summary

As the name suggests, Doji Style is an EA for trading the doji, specifically the hammer candlestick. It is a very special kind of doji that mostly often occurs where there is a trend reversal. 

This EA was created by looking closely at the description provided by the book "Naked Forex". This is a very conservative EA, it lies in wait targeting a very good doji to trade. 


NB: if you are to enable the 1 minute timeframe, be aware that in certain currencies it might not set the stoploss because of the very short candlesticks.


[Made in Botswana]


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Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
XAU Momentum
TICK STACK LTD
XAU Momentum — Trend-Aligned Gold Breakout EA Live Performance All Tick Stack Signals can be found on our website or by following the link below. See images below for more information.  https://www.mql5.com/en/blogs/post/773500 Launch Offer:   Grab XAU Momentum now at the lowest price it'll ever be. Bundle it with   Gold Neural Core   and get 2 free EAs of your choice from my entire MQL5 store. DM me for details. Two copies left at current price - next price = 298$ How to use: Load on XAUUSD
XT Bitcoin Robot is an advanced  automated trading system  designed specifically for  BTCUSD traders  who want to take advantage of Bitcoin's market volatility without the need for constant market monitoring. The robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic, helping traders stay active in the market 24 hours a day without manual intervention. The system is designed to identify trading opportunities and manage positions accor
Syna
William Brandon Autry
5 (27)
Syna 7 - L'IA Che Resta Con l'Operazione La maggior parte dei sistemi di trading smette di pensare appena entra. Syna no. Syna 7 è un assistente di trading con IA e un sistema di trading autonomo creato per restare coinvolto dall'analisi fino all'uscita. Può monitorare le condizioni attuali, ricordare il contesto di un'operazione, valutare notizie e volatilità, gestire le posizioni, coordinare i conti e continuare a rivalutare le decisioni dopo l'apertura dell'ordine. Il trading non finisce all
Cortex Aurex
Vladimir Mametov
4.6 (10)
Questo è un Expert Advisor completamente automatizzato per MetaTrader 5, progettato specificamente per il trading dell’Oro (XAUUSD). La sua logica è costruita in base alle caratteristiche tipiche del mercato dell’oro: movimenti rapidi dei prezzi, forti inversioni e alta volatilità. Il sistema automatizza il trading in un contesto in cui velocità di reazione, disciplina e gestione precisa delle posizioni sono fondamentali. Il sistema è focalizzato su una gestione disciplinata delle operazioni, un
SomaOil
Andrii Soma
5 (2)
SomaOil è un consulente esperto di breakout multistrategia per MetaTrader 5, creato esclusivamente per il petrolio greggio WTI (XTIUSD). Un grafico, una EA, 20 strategie indipendenti che funzionano insieme come un unico portafoglio diversificato. Live Signal. Per renderlo accessibile al momento del lancio, sto utilizzando un modello di prezzo rampante trasparente: Prezzo di lancio: 100 USD (48 ore) A partire da lunedì il prezzo aumenta di 100 USD per ogni 10 copie vendute Gli aumenti di prezzo s
Impulse MT5
Simon Reeves
5 (16)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
Altri dall’autore
(This is the free version of our trade manager, download it for free and test it, and provide feedback. If you are satisfied with its capabilities, you can try out its bigger brother the Deriv Scalp Manager also available from us.) EA Summary If you are a scalping trader who wants to place and close trades quickly and efficiently, you need a powerful tool that can help you achieve your goals. That's why we created the   Deriv Trade Assistant   EA, a smart and easy-to-use expert advisor that au
FREE
EA Summary If you are a scalping trader who wants to place and close trades quickly and efficiently, you need a powerful tool that can help you achieve your goals. That's why we created the   Deriv Scalp Manager   EA, a smart and easy-to-use expert advisor that automates your trading process and saves you time and money. With the   Deriv Scalp Manager , you don't have to worry about calculating your stop loss or take profit levels, or manually closing your trades. All you have to do is enter th
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khawar abbasi
48
khawar abbasi 2026.05.31 14:20 
 

useless

Passakon Ekaburudkul
373
Passakon Ekaburudkul 2024.01.09 11:47 
 

Negative feedback.

oldplayer
244
oldplayer 2024.01.08 15:22 
 

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