EMA Trend Candle Chart Strategy
Combining candle trend analysis, structured entry levels, and dynamic profit targets.
Key Features:
Candle Based Trading: Identifies trading opportunities using candle body bullish and Bearish Trend.
Single-Level Entry System: Entries based on price distances from the trend candle's closing price.
Dynamic Take Profit: Automatically adjusts profit targets according to the selected lot size.
Global Equity Protection: Closes all open BUY and SELL positions when the Stop Loss $5.
Configurable Entry : "SINGLE ENTRY".
Designed for structured execution, adaptive profit targets, and account-level risk management.
1. Overview
Designed for the MetaTrader 4 (MT4) platform. It uses an EMA 20 trend filter and the ADX indicator to identify potential trend candle trading opportunities.
2. Trading Parameters
Parameter Value
Lot Size 0.50 lots
Take Profit $50 per trade
Stop Loss $5 per trade
3. Trade Management
Take Profit: Each trade is closed when its profit reaches $50.
Stop Loss: Each trade is closed when its loss reaches $5.
Allows one open BUY position and one open SELL position at a time, based on its trade management logic.
4. Important Notes
This Robot better than other pair if used XAUUSD Time Frame 5 Minute
The EA is designed for MT4 and uses the .mq4 file format.
Risk warning: A lot size of 0.50 can expose the account to substantial risk. The actual monetary profit or loss may vary depending on the symbol, contract specifications, spread, and execution costs.