Raj Candle Pattern EA
- Experts
- Versione: 3.2
- Attivazioni: 5
Raj Candles Pattern EA is a multi-strategy price-action trading system built around pure candlestick pattern recognition. It scans every closed candle on your chosen time-frame for 19 classic buy/sell reversal patterns (Bullish/Bearish Engulfing, Hammer, Inverted Hammer, Piercing Line, Morning/Evening Star, Three White Soldiers/Black Crows, Tweezer Tops/Bottoms, Harami, Doji variants, Dark Cloud Cover, Shrinking Candles, and more), a Trend-Continuation module that rides confirmed up/down runs, and a Support/Resistance Rejection module that buys bounces off support and sells rejections off resistance — then manages every trade automatically from entry to exit.
For traders who don't want a losing trade closed at a loss, Raj Candles Pattern EA also includes an optional Grid Recovery / Averaging engine: instead of force-closing a losing trade at candle close, it can add a bigger averaging order on each following candle (but only while the last order placed is still running at a loss), and bank profit either by closing the whole open basket together or by closing just the oldest+newest pair, letting the mid-levels keep running for a bigger win.
This EA works on XAUUSD / Gold (2 & 3 digit) and any time-frame — pick whichever chart you run it on, since every pattern, trend, and support/resistance check reads directly from that chart's candles. It includes a built-in high/medium-impact news filter and a spread filter, so it stays flat around volatile news releases and widened spreads.
Note: The beauty of this EA is that it works on Cent accounts/ USD Account of any broker (2-digit / 3-digit).
Min Balance:
Cent: 10$ equals to 1000 Cent
USD: Min 1000$
If you buy the EA, please contact me for further assistance if required.
⚠️ I do not sell my EAs or sets on Telegram — it is only available on MQL5. Please be careful of scammers, and do not buy any bot/EA from anyone claiming to sell it elsewhere.
Settings
Timeframe & Identification
Timeframe – the chart timeframe used for pattern detection and entries (independent of the chart it's attached to)
Magic Number – unique ID used to identify this EA's own trades
Lot Sizing
Lot Mode – Fixed or Auto (risk-% based)
Fixed Lot – lot size used when Lot Mode = Fixed
Auto Risk % – % of balance risked per trade when Lot Mode = Auto (requires Stop Loss pips > 0)
Spread / Slippage Filters
Min/Max Spread (points) – blocks new entries outside this spread range
Min/Max Slippage (points) – deviation tolerance used when sending orders
Take Profit / Stop Loss
Take Profit (pips) – 0 = off
Stop Loss (pips) – 0 = off
Trailing Stop
Trail Mode – Off / Pips / USD
Trail Start – profit needed before trailing begins
Trail Distance – distance trailing keeps behind price
Same-Candle Exit Rule
Close Profit (USD) – closes a trade once floating profit reaches this amount
Force Close At Candle Close – closes a trade at the end of its entry candle if not already closed
Grid Recovery / Averaging Strategy (optional add-on)
Enable Grid Strategy – true/false, turns the recovery engine on for new trades
Grid Start Lot – Level 1 lot size
Grid Lot Increment – lot added on each additional level
Grid Max Levels – safety cap on how many levels can be stacked in one series
Grid Basket Profit (USD) – closes the whole open basket together once its combined profit reaches this
Grid Pair Profit (USD) – closes just the oldest + newest order together
Grid Max Basket Loss (USD) – optional hard stop that force-closes a whole series if it goes too far against you (0 = off)
News Filter
Use News Filter – true/false
Stop Minutes Before High-Impact News
Stop Minutes Before Medium-Impact News
Strategy Enable/Disable — BUY Patterns
Individual on/off switches for: Bullish Engulfing, Hammer, Inverted Hammer, Piercing Line, Morning Star, Three White Soldiers, Tweezer Bottoms, Bullish Harami, Bullish Doji
Strategy Enable/Disable — SELL Patterns
Individual on/off switches for: Hanging Man, Shooting Star, Bearish Engulfing, Evening Star, Three Black Crows, Tweezer Top, Dark Cloud Cover, Shrinking Candles, Gravestone Doji, Bearish Harami
Strategy Enable/Disable — Trend
Enable Up-Trend / Down-Trend continuation signals
Trend Confirm Bars – number of consecutive closed bars required to confirm a trend
Strategy Enable/Disable — Support / Resistance
Enable Support Bounce (buy) / Resistance Rejection (sell)
SR Lookback Bars – bars scanned to find the level
SR Tolerance (pips) – max distance from the level that still counts as a "touch"
DISCLAIMER
Trading foreign exchange and CFDs carries a high level of risk. Past performance does not guarantee future results.
Capital preservation remains one of the core principles of the system. Traders are encouraged to use responsible risk management, test the EA on a demo account before trading live, and trade only with capital they can afford to risk.
For traders who don't want a losing trade closed at a loss, Raj Candles Pattern EA also includes an optional Grid Recovery / Averaging engine: instead of force-closing a losing trade at candle close, it can add a bigger averaging order on each following candle (but only while the last order placed is still running at a loss), and bank profit either by closing the whole open basket together or by closing just the oldest+newest pair, letting the mid-levels keep running for a bigger win.
This EA works on XAUUSD / Gold (2 & 3 digit) and any time-frame — pick whichever chart you run it on, since every pattern, trend, and support/resistance check reads directly from that chart's candles. It includes a built-in high/medium-impact news filter and a spread filter, so it stays flat around volatile news releases and widened spreads.
Note: The beauty of this EA is that it works on Cent accounts/ USD Account of any broker (2-digit / 3-digit).
Min Balance:
Cent: 10$ equals to 1000 Cent
USD: Min 1000$
If you buy the EA, please contact me for further assistance if required.
⚠️ I do not sell my EAs or sets on Telegram — it is only available on MQL5. Please be careful of scammers, and do not buy any bot/EA from anyone claiming to sell it elsewhere.
Settings
Timeframe & Identification
Timeframe – the chart timeframe used for pattern detection and entries (independent of the chart it's attached to)
Magic Number – unique ID used to identify this EA's own trades
Lot Sizing
Lot Mode – Fixed or Auto (risk-% based)
Fixed Lot – lot size used when Lot Mode = Fixed
Auto Risk % – % of balance risked per trade when Lot Mode = Auto (requires Stop Loss pips > 0)
Spread / Slippage Filters
Min/Max Spread (points) – blocks new entries outside this spread range
Min/Max Slippage (points) – deviation tolerance used when sending orders
Take Profit / Stop Loss
Take Profit (pips) – 0 = off
Stop Loss (pips) – 0 = off
Trailing Stop
Trail Mode – Off / Pips / USD
Trail Start – profit needed before trailing begins
Trail Distance – distance trailing keeps behind price
Same-Candle Exit Rule
Close Profit (USD) – closes a trade once floating profit reaches this amount
Force Close At Candle Close – closes a trade at the end of its entry candle if not already closed
Grid Recovery / Averaging Strategy (optional add-on)
Enable Grid Strategy – true/false, turns the recovery engine on for new trades
Grid Start Lot – Level 1 lot size
Grid Lot Increment – lot added on each additional level
Grid Max Levels – safety cap on how many levels can be stacked in one series
Grid Basket Profit (USD) – closes the whole open basket together once its combined profit reaches this
Grid Pair Profit (USD) – closes just the oldest + newest order together
Grid Max Basket Loss (USD) – optional hard stop that force-closes a whole series if it goes too far against you (0 = off)
News Filter
Use News Filter – true/false
Stop Minutes Before High-Impact News
Stop Minutes Before Medium-Impact News
Strategy Enable/Disable — BUY Patterns
Individual on/off switches for: Bullish Engulfing, Hammer, Inverted Hammer, Piercing Line, Morning Star, Three White Soldiers, Tweezer Bottoms, Bullish Harami, Bullish Doji
Strategy Enable/Disable — SELL Patterns
Individual on/off switches for: Hanging Man, Shooting Star, Bearish Engulfing, Evening Star, Three Black Crows, Tweezer Top, Dark Cloud Cover, Shrinking Candles, Gravestone Doji, Bearish Harami
Strategy Enable/Disable — Trend
Enable Up-Trend / Down-Trend continuation signals
Trend Confirm Bars – number of consecutive closed bars required to confirm a trend
Strategy Enable/Disable — Support / Resistance
Enable Support Bounce (buy) / Resistance Rejection (sell)
SR Lookback Bars – bars scanned to find the level
SR Tolerance (pips) – max distance from the level that still counts as a "touch"
DISCLAIMER
Trading foreign exchange and CFDs carries a high level of risk. Past performance does not guarantee future results.
Capital preservation remains one of the core principles of the system. Traders are encouraged to use responsible risk management, test the EA on a demo account before trading live, and trade only with capital they can afford to risk.
