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Candelabrum MT5

LIMITED PROMO PRICE

Reversal Candlestick Patterns & Fibonacci Levels. No dangerous & risky stratrgies.

CANDELABRUM determines pivot points based on candlestick patterns and the Bollinger bands indicator and opens orders in the direction of a new trend. Each order has a specified take profit level and is protected by stop loss. To increase the number of profitable deals, a unique Split system can be used, partially closing an order when it reaches specified levels. 


Features

  • No dangerous & risky strategies
  • Relative levels
  • Hard Stoploss & Takeprofit
  • Manual / Risk / Auto volume
  • Split system / Trailing Stop
  • Spread / Time control
  • 2017-2020 99% tick quality optimized


Input parameters
  • Magic - magic number
  • Comment - comment
  • Slippage - max slippage, point
  • Lot Max - max volume of every position, lot
  • Spread Max - max allowed value of the spread for opening / modifying / closing a position, point
  • Range Min - min allowable size of a candle body, point
  • File Name - data storage file name, must be different for each chart, if empty the name will be automatic (path C:\Users\[UserName]\AppData\Roaming\MetaQuotes\Terminal\[Terminal]\MQL5\Files\[filename.bin])
  • Timeframe - timeframe
  • Direction - allowable positions type
    • LongAndShort
    • OnlyLong
    • OnlyShort
  • --- Volume ---
  • Volume Type 
    • LotManual - based on Lot Main
    • LotRisk - based on Factor Risk
    • LotAuto - based on Factor Auto
  • Lot Main - main lot (valid with LotManual / LotAuto), lot
  • Factor Risk - max allowable loss for each position in % of AccountBalance (valid with LotRisk), %
  • Factor Auto - account funds per each Lot Main value, lot = ACCOUNT_MARGIN_FREE / Factor Auto * Lot Main (valid with LotAuto), $
  • --- Levels ---
  • Takeprofit - takeprofit, %
  • Stoploss - stoploss, %
  • --- Time ---
  • Hour Start - hour to open a position, hour
  • Hour End - hour to stop opening a position, hour
  • Hour End Friday - hour to stop opening a position on Friday, hour
  • --- Models ---
  • Model 1 - activate Model 1 (three inside pattern)
  • Model 2 - activate Model 2 (engulfing pattern)
  • Bands Period - Bollinger Bands period
  • --- Active Stoploss ---
  • Stoploss Type
    • Regular - hard stoploss
    • Trailing - trailing stop
      • Trail Start - start level of trailing stop, %
      • Trail Stop - distance of trailing stop, %
  • --- Split ---
  • Split - enable/disable
  • Split Start - start level of Split mode, %
  • Split Step - step of Split mode, %
  • Split Lot - percent of the remaining order volume closed at each step, %
  • --- Graphics ---
  • Color Buy - Buy levels color
  • Color Sell - Sell levels color
  • Display Trades - enable / disable to display the trades


Signals


Description & Presets


Default settings

  • EURGBP, H4


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バージョン 4.10 2020.06.13
Recompiled by build 2485
Added Bands Deviation input parameter