Seven Candles

This strategy searches for trade opportunities based on what area the close price is, in comparison with Moving Average.

In order to be triggered, a pattern between candles also must occur. The EA works well on trending markets.

It has been initially developed for stock markets indices (SP500, NASDAQ, etc) on Dailychart entering long positions only. However, I refined the strategy in order to enter short positions as well.

It does not use stop loss or take profit, so the losing trades outweigh the winning ones. Thinking about that, this EA has further functionalities built-in:

  • Stop Loss
  • Take Profit
  • Trailing Stop
  • Timer function: setup what time robot should trade
  • Some others

The EA works on any symbol and timeframe.

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CHRISTMAS SALE — LIMITED TIME! Get Infinity Trader EA with a huge –65% discount AND receive Trend Matrix EA as a FREE BONUS ! Special Christmas Price: $187 (Regular Price: $547 — You Save $360!) FREE BONUS: Trend Matrix EA A powerful multi-symbol strategy packed with advanced features, supporting 10 trading pairs — real value: $447! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Infinity Trader EA Live
Theranto v3
Hossein Davarynejad
//////  THEHRANTO V3  /////// ****  Important ****** This robot is equipped with a professional News Filter. During backtests, all important economic events are detected and trades are filtered before and after high-impact news. While backtests show reduced risk during news releases, the best way to verify real performance is through live signals       https://www.nxfx.ca/                                                                                                                         
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro è un sistema per recuperare i prelievi da altri consulenti o da ordini aperti manualmente. RM Pro ha la capacità di adattarsi automaticamente in modo dinamico. Il trader deve selezionare il livello di rischio e il consulente lavorerà in modalità completamente automatica. Può funzionare in modalità di recupero prelievo e in modalità standby! Se un altro consulente genera un prelievo, RM Pro lo disabiliterà, bloccherà la posizione e avvierà il processo di ripristino del depos
Altri dall’autore
The Intraday Momentum Index ( IMI ) is a technical indicator that combines aspects of Candlestick Analysis with the Relative Strength Index ( RSI ). The Intraday Momentum Index indicator concept remains similar to RSI and includes the consideration for intraday open and close prices. The IMI indicator establishes a relationship between a security open and close price over the duration of a trading day, instead of how the open and close prices vary between different days. As it takes into conside
The Seven Candles is an Expert Advisor that implements a strategy originally described on the book Short Term Trading Strategies That Work by Larry Connors and Cesar Alvarez. Developed to trade stock indexes (SP500, Down Jones, NASDAQ, BOVESPA, Nikkei, etc.), this strategy seeks for trading opportunities based on where the close price is in relation with Simple Moving Average indicator. However, in order to be triggered, a pattern between candles also must occur. The original strategy seeks long
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Pavel Malyshko
10380
Pavel Malyshko 2019.04.05 23:17 
 

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Sergey Zhuravkov
2115
Sergey Zhuravkov 2017.04.27 00:36 
 

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Ovidiu Caslariu
7394
Ovidiu Caslariu 2016.05.22 20:07 
 

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