Seven Candles

  • Uzmanlar
  • Luiz Tim
    Luiz Tim
    Professional MQL developer/programmer since 2008

    Thorough understanding of financial markets - I not only code your automation, but also I can help you with ideas for better accomplish your objectives
  • Sürüm: 2.1
  • Güncellendi: 8 Nisan 2020
  • Etkinleştirmeler: 5

This strategy searches for trade opportunities based on what area the close price is, in comparison with Moving Average.

In order to be triggered, a pattern between candles also must occur. The EA works well on trending markets.

It has been initially developed for stock markets indices (SP500, NASDAQ, etc) on Dailychart entering long positions only. However, I refined the strategy in order to enter short positions as well.

It does not use stop loss or take profit, so the losing trades outweigh the winning ones. Thinking about that, this EA has further functionalities built-in:

  • Stop Loss
  • Take Profit
  • Trailing Stop
  • Timer function: setup what time robot should trade
  • Some others

The EA works on any symbol and timeframe.

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LIVE SIGNAL REACHED NEW HIGHS. Live Signal on Vantage https: // www.mql5.com/en/signals/2378090 https: // www.mql5.com/en/signals/2378091 live signal is running mode/option 1 with autolot 2 % risk. Add webrequest for news filter https: //nfs.faireconomy.media Join telegram group   https://t.me/+UaALtDiYMb4xYTk1 Price Increases on monday. Overview:  The Gold Space is a fully automated, professional-grade Expert Advisor specifically engineered for the XAUUSD (Gold) market. Designed natively for M
ToTheMoon MT4
Daniel Moraes Da Silva
5 (1)
ONE OF THE FEW ROBOTS WITH A SIGNAL HISTORY OF MORE THAN 3 YEARS AND AMONG THE TOP 10.   LINK TO MY ROBOTS AND SIGNAL PRESETS: In my profile there is a link to download the PRESETS that I use in my SIGNALS, you can download and Backtest for free, there are explanations in the my WebSite. https://www.mql5.com/en/users/tec_daniel   LINK TO OTHER ROBOT VERSIONS: MT4:  https://www.mql5.com/en/market/product/97963 MT5:  https://www.mql5.com/en/market/product/97962   SOME EXAMPLES OF SIGNALS ON “mql5.
Scalping Index Pro is a   professional trading system   designed specifically for fast and precise scalping on   US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability   trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic tra
HSS PRO PRICE ACTION EA   - fiyat hareketi araştırmasına dayalı harika bir gün içi işlem sistemidir! EA, AB ve ABD seansları sırasında H1 zaman diliminde çalışmaktadır.   8 ilgili parite için 8 Set dosyası mevcuttur! İşlem fikri, trend ve scalping teknikleriyle birleştirilen ünlü ve güçlü Fiyat Hareketi formasyonları olan Çekiç ve Kayan Yıldız'a dayanmaktadır! Test ve işlem için EA Set_dosyalarını indirin: GBPCHF Set_file NZDUSD Set_file GBPCAD Set_file USDCHF Set_file USDJPY Set_file EURAUD
SIDEWAYS TRADER EA   - gelişmiş tek pariteli grid işlem sistemidir! Bu EA, tutarlı kar sağlayan çok güvenli bir işlem sistemidir. M5 zaman dilimi! Test ve işlem için EA Set_file dosyasını indirin: NZDCAD Set_file EA'nın öne çıkan özellikleri: - Giriş ve çıkış noktaları, piyasa oynaklığına bağlı olarak EA tarafından otomatik olarak ayarlanır. - Uzman Danışman, Alış ve Satış emirlerini aynı anda yönetebilir. - EA, oynaklığa bağlı olarak otomatik olarak dinamik bir grid oluşturur. - Dar spre
GOLDwind Engine4
Tjia Elisabeth Jasmine Canadi
EA~GOLDwind – XAUUSD için Olağanüstü Büyüme Motoru – Aylık %100'ün üzerinde yatırım getirisi sağlıyor MT4 ve MT5 için kullanıma hazır Uzman Danışman I N T R O GOLDwind'in gücünü keşfedin. Gelişmiş bir işlem motorunun XAUUSD'nin oynaklığını nasıl hassas odaklı fırsatlara dönüştürdüğünü deneyimleyin. Tersine dönüşler veya güçlü trend oluşumları gibi önemli momentumun erken sinyallerini ortaya koyan şeffaf grafik arayüzü sayesinde, gelişmiş analizlere doğrudan erişim ve altının dinamik se
Fortress MT4
Shane Lee
5 (1)
Real Trading Account LIVE SIGNAL 100K:   https://www.mql5.com/en/signals/2388151 Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatic
Frontier MT4
Shane Lee
5 (1)
Real Trading Account LIVE SIGNAL 100K REAL:   https://www.mql5.com/en/signals/2388151 Real Trading Account  LIVE SIGNAL VT MARKETS:  https://www.mql5.com/en/signals/2388143 Check Out All Our Products :   Click Here Frontier is an automated Swing Pivot Breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA identifies confirmed swing highs and swing lows from recent price structure and uses these levels to prepare pending Buy Stop and Sell Stop orders. When price br
Yazarın diğer ürünleri
The Intraday Momentum Index ( IMI ) is a technical indicator that combines aspects of Candlestick Analysis with the Relative Strength Index ( RSI ). The Intraday Momentum Index indicator concept remains similar to RSI and includes the consideration for intraday open and close prices. The IMI indicator establishes a relationship between a security open and close price over the duration of a trading day, instead of how the open and close prices vary between different days. As it takes into conside
The Seven Candles is an Expert Advisor that implements a strategy originally described on the book Short Term Trading Strategies That Work by Larry Connors and Cesar Alvarez. Developed to trade stock indexes (SP500, Down Jones, NASDAQ, BOVESPA, Nikkei, etc.), this strategy seeks for trading opportunities based on where the close price is in relation with Simple Moving Average indicator. However, in order to be triggered, a pattern between candles also must occur. The original strategy seeks long
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Pavel Malyshko
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