Separating Line Candlestick
- Experts
- 버전: 3.0
- 활성화: 5
Separating Line Candlestick EA
Overview & Strategy Logic The Separating Line Candlestick EA is an automated continuation trading strategy based on the 2-candle Separating Lines pattern (Bullish & Bearish). This pattern captures instant market rejection against temporary pullbacks, signaling a powerful re-ignition of the primary trend.
A Separating Lines pattern occurs when a counter-trend candle is immediately followed by a trend-continuation candle that opens at the exact same Open price as the previous candle (creating a price gap/jump), then aggressively shoots in the direction of the main trend.
Trading Logic
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Buy Entry (Bullish Separating Lines):
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Shift 2 is a Bearish Candle (meeting the minimum required candle size).
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Shift 1 is a Bullish Candle.
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The Open price of Shift 1 jumps to match the Open price of Shift 2 ( Open Shift 1 ≈ Open Shift 2 ).
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Order triggers at the close of Shift 1 .
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Sell Entry (Bearish Separating Lines):
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Shift 2 is a Bullish Candle (meeting the minimum required candle size).
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Shift 1 is a Bearish Candle.
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The Open price of Shift 1 jumps to match the Open price of Shift 2 ( Open Shift 1 ≈ Open Shift 2 ).
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Order triggers at the close of Shift 1 .
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Exit Strategy: Managed strictly via fixed Take Profit (TP) and Stop Loss (SL) levels measured in pips.
User Inputs / Adjustable Parameters
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Shift 2 Min Candle Size (Pips): Minimum total height ( High - Low ) required for the counter-trend candle at Shift 2 .
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Take Profit (Pips): Fixed profit target per trade.
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Stop Loss (Pips): Fixed risk protection per trade.
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Lot Size: Position volume for risk management.
Attention & Risk Notice
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Do Not Use Default Settings for Live Trading: Default parameters are for initial testing purposes only. Perform thorough backtests and optimization based on your personal risk/reward profile before running on a live account.
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Pair & Timeframe Considerations: Please adjust the Shift 2 Min Candle Size parameter according to the specific volatility of your traded asset and timeframe (e.g., Gold/XAUUSD or higher timeframes require significantly higher pip thresholds).
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Open Price Tolerance: In live market conditions, exact matching Open prices are rare due to spreads. Ensure a small tolerance setting (1–3 pips) is implemented during coding for smooth trade execution.
