Rising Continue Pattern

Continue Rising Pattern EA

Overview & Strategy Logic The Continue Rising Pattern EA is an automated trading system based on the classical 5-candle continuation patterns—Rising Three Methods (bullish) and Falling Three Methods (bearish).

The strategy identifies high-volume momentum candles followed by a brief 3-bar consolidation phase. It enters a trade once market participants confirm a continuation by closing beyond the high or low of the original momentum candle.

Trading Logic

• Buy Entry: Triggers when Shift 5 is a strong Bullish Candle (meeting the minimum body size threshold), followed by 3 consecutive Bearish Candles ( Shift 4, 3, 2 ) whose High/Low prices remain strictly within the range ( High - Low ) of Shift 5 . The buy order opens when Shift 1 closes above the High of Shift 5 .

• Sell Entry: Triggers when Shift 5 is a strong Bearish Candle (meeting the minimum body size threshold), followed by 3 consecutive Bullish Candles ( Shift 4, 3, 2 ) whose High/Low prices remain strictly within the range ( High - Low ) of Shift 5 . The sell order opens when Shift 1 closes below the Low of Shift 5 .

• Exit Strategy: Executed via fixed Take Profit (TP) and Stop Loss (SL) levels.

User Inputs / Adjustable Parameters

• Shift 5 Min Body Size (Pips): Minimum required body length ( |Close - Open| ) for the initial momentum candle at Shift 5 .

• Take Profit (Pips): Predefined target profit in pips.

• Stop Loss (Pips): Predefined risk limit in pips.

• Lot Size: Position volume per trade.