Simple Candle Trader

🧠 SimpleCandleTrader MT4 EA

SimpleCandleTrader MT4 EA is an Expert Advisor for the MetaTrader 4 platform that opens trades on each new candle based on the direction of the previous one.

Trading logic:

  • If the previous candle was bullish (close > open), the EA opens a Buy order.

  • If the previous candle was bearish (close < open), it opens a Sell order.

Each new position automatically closes the previous one, ensuring that only one trade is active at any time.

⚙️ Input Parameters:

  • LotSize — fixed lot size

  • Slippage — allowed price slippage

  • MagicNumber — unique identifier for orders

The EA does not use indicators, grids, martingale, averaging, SL or TP. Its behavior is fully deterministic and based solely on candle direction.

⚠️ Disclaimer

SimpleCandleTrader MT4 EA is provided for educational and demonstration purposes only. It does not constitute investment advice or guarantee any profits. Trading in financial markets involves risk. The user assumes full responsibility for using this software.

💬 Support and Feedback

If you have any questions, issues, or suggestions for improving the EA, feel free to contact me via private message on MQL5.
Your feedback is always welcome — especially ideas for development and future updates.

t.me/algotradinglab_club


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Trend Ai EA, trend tanımlamayı eyleme geçirilebilir giriş noktaları ve geri dönüş uyarılarıyla birleştirerek kendi piyasa analizini yapan ve göstergenin tüm sinyallerini otomatik olarak devralan Trend Ai indikatörüyle çalışmak üzere tasarlanmıştır! EA, tamamen ayarlanabilir bir dizi harici parametre içerir ve yatırımcının uzmanını kendi tercihine göre özelleştirmesine olanak tanır. Yeşil nokta belirir belirmez EA, alım işlemine hazır hale gelir. Yükseliş trendi mavi okla onaylandığı anda EA, b
ADVANCED SNIPER PRO EA, yaklaşık %90 kazanma oranına sahip hassas bir otomatik işlem sistemidir. Bu EA, dünya çapında en istikrarlı, tutarlı ve karlı scalping robotlarından biridir. Yalnızca bu MQL5 web sitesinde sunulan orijinal bir üründür. Test ve ticaret için EA Set_files'ı indirin: GBPAUD Set_file GBPCAD Set_file EA, profesyonel yatırımcıların ihtiyaçları için kullanabilecekleri çeşitli ayarlara sahiptir. Forex yeni başlayanlar, harika temel kurulumla varsayılan Set_files'ı kullanabilirl
Mon Scalper - Dual-Trendline Breakout Scalping Expert Mon Scalper is a specialized Expert Advisor designed exclusively for gold (XAUUSD) trading. It utilizes a unique dual-trendline strategy to identify strong trends and breakout points, executing trades automatically based on market conditions. Join My MQL5 Channel for the Latest Updates! Real-Time Signal :  https://www.mql5.com/en/signals/2281529 Pricing : Launch Price : $199 Incremental Price Increase : The price will increase by $100 after
Quantum Dark Gold
Nguyen Hang Hai Ha
3.13 (8)
Quantum strategy is a combination of quantum superposition and trading signal model. EA Quantum Dark Gold determines Buy and Sell positions simultaneously for each signal and simultaneously places 2 orders Buy Stop and Sell Stop. Then the momentum determines which order position is executed and cancels the remaining pending order. This interesting idea forms the Quantum Dark Gold with a unique entry method. Open positions are then managed by Trailing, Stop Loss and position balancing strategies
A scalping robot of a new generation should be developed using Artificial Intelligence. Suitable for scalping trading on one of the most popular US Wall Street 30  index (US30). The strategy has passed months of tests on real and demo accounts and is currently being used on several investment accounts with different Profit/Risk ratios. Big sale 50% OFF! Price $199. Regular price $399 All our signals are now available on myfxbook :   click here   Unique set files and all recommendations are pro
Javier Gold Scalper V2
Felipe Jose Costa Pereira
5 (4)
Javier Gold Scalper: Teknolojimiz Yanınızda! Kullanım Kılavuzu ve yapılandırma dosyaları: Kılavuz ve yapılandırma dosyalarını almak için satın aldıktan sonra benimle iletişime geçin. Fiyat: Fiyat, satılan lisans sayısına bağlı olarak artar. Mevcut kopyalar: 5 Finans piyasalarının en volatil varlıklarından biri olan altın üzerinde işlem yapmak yüksek hassasiyet, detaylı analiz ve çok etkili bir risk yönetimi gerektirir. Javier Gold Scalper , bu temel unsurları sağlam ve gelişmiş bir sistemde bir
WINTER SALE — LIMITED TIME! Get WallStreet Recovery PRO with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $177 (Regular Price: $447 — You Save $270!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! WallStreet Reco
Bazooka EA
Davit Beridze
5 (2)
Bazooka EA – MT4 için Trend ve Momentum Uzman Danışmanı MT5:  https://www.mql5.com/en/market/product/163078 Varsayılan ayarlar, 2024 yılının başından günümüze kadar GOLD M5 (Open Prices yöntemi) üzerinde EA backtesti yapmak için yapılandırılmıştır. Diğer zaman dilimleri için en uygun ayarları yorumlar bölümünde bulabilirsiniz. Bazooka EA , MetaTrader 4 için geliştirilmiş tam otomatik bir Uzman Danışmandır (Expert Advisor). Piyasanın yönlü hareketlerini işlemeye odaklanır ve trend doğrulaması ile
Goldex AI
Mateo Perez Perez
4.31 (29)
Goldex AI: Bugünün başarısı yarının meyvesi olacak SINIRLI SÜRE IÇIN SÜPER INDIRIM! FİYAT ARTMADAN ÖNCE SON 2 KOPYA 299 USD. Gerçek IC Markets sinyali: Goldex AI Yüksek risk Kılavuz ve yapılandırma dosyaları: Satın aldıktan sonra kılavuz ve yapılandırma dosyalarını almak için benimle iletişime geçin. Fiyat: Başlangıç fiyatı 899$'dır ve her on satıştan sonra 199$ artacaktır. Mevcut kopya sayısı: 2 Goldex AI - Sinir ağları, trend ve fiyat hareketi ile gelişmiş ticaret robotu. Goldex AI, altında
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TUMA MT4 light
Dmitrijs Ivanajevs
TUMA MT4 Light Indicator A simple and convenient indicator for tracking the crossing of two moving averages (EMA). A lightweight interface right on the chart allows you to quickly change the periods of both MAs without opening the settings window. Main Features: Display of two EMAs on the chart. Easy parameter editing directly on the chart. Signal arrows when MAs cross: BUY (green arrow up) SELL (red arrow down) Information block with the latest signal and parameters. ️ Input Paramet
FREE
PinBar Hunter – Smart Pin Bar Indicator with Built-in Control Panel and Signal Filters PinBar Hunter is a powerful tool for technical traders that automatically detects classic Pin Bar patterns (reversal candles) on the chart. It’s designed for price action strategies, candlestick analysis, and trading around key support/resistance levels. Indicator Features: Detects classic Pin Bars (reversal candlestick patterns) Works on any timeframe and instrument Suitable for trend-following an
Description: PinBar Hunter MT4 EA PinBar Hunter MT4 EA is an expert advisor for MetaTrader 4 based on the classic Price Action strategy: trading entries based on pin bar patterns. The EA identifies potential reversal candles (Pin Bars) and executes trades according to defined filters and risk management parameters. It is powered by the custom PinBar Hunter MT4 indicator , which visually displays signals on the chart. Buyers of the EA can request this indicator for free — just send me a priv
Support & Resistance Hunter MT4 Support & Resistance Hunter MT4 automatically builds key support and resistance zones based on the Parabolic SAR. The indicator detects breakouts, flips (role reversal of a level), and locks frozen zones after a double breakout. Suitable for chart analysis on any timeframe and instrument. Settings General LookbackBars (0) — number of bars to analyze. 0 = full history. MaxZones (0) — maximum number of zones to display. 0 = all zones. ExtendBars (0) — numb
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