CandleTrend EA

This Expert Advisor is based on previous candlestick's price direction. Seven modes of operation with option to reverse signal. Assuming that current trend can be identified by checking status of one recent candlestick I have added additional strategies: 2/2, 2/3, 3/3, 3/5, 4/5, 5/5 candlesticks. For "1/1 Candles (Mode 1)": if previous candlestick's base currency has increased in value in reference to quote currency (close price is higher than open price) - uptrend is presumed and buy order is placed; otherwise sell order is placed - if previous candlestick's base currency value has decreased in reference to quote currency (downtrend).


External parameters

Signal settings:
  • SignalMode:
    • 1/1 Candles (Mode 1) - if 1 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 1 previous candlestick's open price is higher than close price then sell order is placed.
    • 2/2 Candles (Mode 2) - if 2 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 2 previous candlestick's open price is higher than close price then sell order is placed.
    • 2/3 Candles (Mode 3) - if any 2 candlesticks' close price is higher than open price within the range of 3 previous candlesticks then buy order is placed, otherwise if any 2 candlesticks' open price is higher than close price within the range of 3 previous candlesticks then sell order is placed. Examples: white, black, white - buy order is placed; white, white, black - buy order is placed; black, white, black - sell order placed; white, black, black - sell order placed (in these examples white candlestick is the one that has close price higher than open price, while black candlestick is the one that has open price higher than close price.
    • 3/3 Candles (Mode 4) - if 3 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 3 previous candlestick's open price is higher than close price then sell order is placed.
    • 3/5 Candles (Mode 5) - if any 3 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 3 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
  • 4/5 Candles (Mode 6) - if any 4 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 4 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
  • 5/5 Candles (Mode 7) - if 5 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 5 previous candlestick's open price is higher than close price then sell order is placed.
  • Reverse trade signal (true or false) - changes signal to its opposite (for buy - sell order is sent, for sell - buy order is sent)

Order settings:
  • Take Profit**
  • Stop Loss**
  • Lot size
  • Slippage**
  • Magic number

**These values are set in pips (0.0001). 1 pip = 10 points for 5 digits broker.


The logic behind Expert Advisor's algorithm

It may seem that single candlestick is not sufficient statistical data to identify the current trend, however if a trend is strong enough, then corresponding candlesticks will prevail and show up repeatedly.

Additional modes added to this strategy may detect current trend with higher accuracy. Signal lagging is from 1 up to 5 bars, depending on mode of operation.


Hedging (FIFO) and Order processing

This Expert Advisor is FIFO "First In First Out" compliant, therefore hedging is not possible. An order is sent by bar and closes by tick.
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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Gold Dragon AI MT4
Evgenii Aksenov
Experts
A unique robot that has been successfully trading on a real account since 2021. The Gold Dragon trading system is so stable that it has allowed it to survive all market fluctuations, while other systems have failed! Big sale 50% OFF! Price $450. Regular price $899 Real signal:   click here   Unique set files and all recommendations are provided free of charge. All future updates of the adviser are included in the price. After the purchase, contact me and I will help you install and configure
XIRO Robot MT4
MQL TOOLS SL
5 (4)
Experts
XIRO Robot is a   professional trading system   created to operate on two of the most popular and liquid instruments on the market:  GBPUSD,  XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable
Apache MHL Moving Average
Paulo Roberto Da Costa
Experts
Sinal (GOLD/XAUSD) - mais de 14 meses ativo e mais de 6 mil negociações em conta Standard (alavancagem de 1:400):   https://www.mql5.com/pt/signals/2278431 Produto para MetaTrader4:  https://www.mql5.com/pt/market/product/159627 Produto para MetaTrader5:  https://www.mql5.com/pt/market/product/160313 O Apache MHL Moving Average Expert Advisor ou simplesmente "Apache MHL" é um robô que opera no ativo GOLD/XAUUSD utilizando estratégias baseadas em médias móveis e gestão de risco com Martingale.
Pattie Breakout ORB EA
Patrick Jeannot
4.75 (4)
Experts
Pattie Opening Range Breakout (ORB) is a range of price variation, which for each session, it generates a combination of support and resistance levels, positioning itself in favor of breaking out of the bands, when it is exceeded on the upside is a signal to buy or enter long and when it is exceeded on the downside it is a signal to sell or enter short. Pattie Break Out  EA  is a specialized trading tool designed to automate  time session-based breakouts . The EA operates by drawing a price rang
Night Hunter Pro
Valeriia Mishchenko
4.38 (53)
Experts
EA has a  live track record  with many months of stable trading with  low drawdown : All Pairs 9 Pairs Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth . It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading a
Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (172)
Experts
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
Aussie Loonie EA MT4
MQL TOOLS SL
5 (2)
Experts
Aussie Loonie EA is a professional trading system developed exclusively for the   AUDCAD   currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to   adapt precisely   to the specific characteristics, rhythm and movement patterns of this pair. The EA
Big Forex Players MT4
MQL TOOLS SL
4.73 (44)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Trendalgo AI MT4
Stefano Frisetti
Experts
TRENDALGO e' un EA che utilizza INTELLIGENZA ARTIFICIALE per fare trading 100% in automatico e come dice il nome e' un EA TREND FOLLOWING, funziona bene sugli ASSET che sono in TREND. LAI e' usata per identificare il momento in cui esplodono i volumi, la volatilita' e il momentum, secondo un'equazione proprietaria da me creata che prende in considerazioni questi valori come dati oggettivi e non utilizza nessun indicatore mai. TRENDALGO  apre un nuovo TRADE e lo segue aggiustando continuamente ST
Bitcoin Wizard 16
Sugianto
Experts
Hello All, good news, the very famous Bitcoin Wizard version 1.6 is now available on the mql5 website which works very smoothly. Bitcoin Wizard – Automated Bitcoin Trading System Bitcoin Wizard is an advanced automated trading system designed specifically for Bitcoin trading . It identifies strong market momentum by analyzing high–low price levels within specific periods and executes pending orders to capture breakout opportunities. Built for traders who want a fully automated solution , Bitcoin
Golden Scalper PRO
Felipe Jose Costa Pereira
3.83 (12)
Experts
Golden Scalper PRO: La nostra tecnologia al tuo fianco! Manuale e file di configurazione: contattami dopo l'acquisto per ricevere il manuale e i file di configurazione. Prezzo: Il prezzo aumenta in base al numero di licenze vendute. Copie disponibili: 3 Fare trading sull'oro, uno degli asset più volatili del mercato finanziario, richiede grande precisione, analisi rigorosa e una gestione del rischio estremamente efficace. Golden Scalper PRO è stato sviluppato proprio per integrare questi pilast
Aurum AI mt4
Leonid Arkhipov
4.94 (32)
Experts
AGGIORNAMENTO — DICEMBRE 2025 Alla fine di novembre 2024, l’Expert Advisor Aurum è stato ufficialmente messo in vendita. Da allora ha operato in condizioni reali di mercato — senza filtro news, senza protezioni aggiuntive e senza limitazioni complesse — mantenendo una stabilità costante. Live Signal (launch April 14, 2026) Un anno completo di trading reale ha dimostrato chiaramente l’affidabilità del sistema di trading. E solo dopo questa esperienza, basandoci su dati reali e statistiche concr
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
Experts
ULTIMATE SALE! Get GOLD Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for tra
GoldPro
Sergey Batudayev
5 (2)
Experts
GoldPro (MT4) — Consulente esperto XAUUSD con 2 modalità selezionabili: Classica e Scalping GoldPro è un sistema di trading automatizzato per   XAUUSD (oro)   pensato per i trader che desiderano struttura, chiari controlli del rischio e un EA in grado di funzionare in diversi ritmi di mercato. All'interno di un EA puoi scegliere   come operare   : 1) Modalità classica: logica calma per swing e pullback Un approccio classico incentrato sul comportamento di inversione/reversione alla media (ingres
Altri dall’autore
ClosureMaster Utility
Elvira Akhsanova
Utilità
ClosureMaster Utility closes all orders and offers 7 additional modes. If you have dozens or even hundreds of orders and need to close them all or some of them selectively by comment, magic number, buy only, sell only, if Stop Loss is not set, only profitable or losing trades, then ClosureMaster Utility can take care of this task. External parameters: Close all Losing trades Close all Profitable trades Close all orders without Stop Loss Close Buy orders only Close Sell orders only Close by Magic
FREE
UniFractal Trader
Elvira Akhsanova
Experts
UniFractal Trader is based on 5-modes proprietary 1-bar fractal algorithm in combination with Moving Average, signal filtering by VMeter indicator, Trailing Stop and option to reverse trade signal. Standard fractal indicator uses 2-bar verification process, which means that order cannot be sent until 3rd bar after fractal. Fractal algorithm of this expert allows to trade on 2nd bar away from fractal, which means entering each position 1 bar earlier before trend ends. This expert considers FIFO(
VMeter EA
Elvira Akhsanova
Experts
VMeter EA is Expert Advisor based on proprietary VMeter Indicator. Recommended Signal Settings: Sensor Range 35, Minimum Low-Level Bars 2 and Compare Price Dependencies 6 for optimal results on M5 or H1 on any pair. Order Settings (Take Profit, Stop Loss and Slippage are set in pips: 1 pip=10 points=0.00010): TakeProfit - Take Profit in pips StopLoss - Stop Loss in pips Lot - Lot Size Slippage - Order Slippage in pips Magic - Magic Number Order_Comment - Order's comment Signal Settings by VMet
Channels Plus SR
Elvira Akhsanova
Indicatori
Channels + S & R Indicator (CSRI) Indicator draws 3 channels (Large, Medium, Small) within bars’ range of current timeframe and pair / instrument. It can identify Support and Resistance levels within any chosen channel. Additionally Fibonacci levels can be drawn for Large Channel. All lines and levels can be customized by color and width. Identify Support and Resistance Levels for any Channel: IdentifySupportAndResistanceLevels - Identify Support and Resistance Levels IdentifySRforChannel – Ide
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