CandleTrend EA

This Expert Advisor is based on previous candlestick's price direction. Seven modes of operation with option to reverse signal. Assuming that current trend can be identified by checking status of one recent candlestick I have added additional strategies: 2/2, 2/3, 3/3, 3/5, 4/5, 5/5 candlesticks. For "1/1 Candles (Mode 1)": if previous candlestick's base currency has increased in value in reference to quote currency (close price is higher than open price) - uptrend is presumed and buy order is placed; otherwise sell order is placed - if previous candlestick's base currency value has decreased in reference to quote currency (downtrend).


External parameters

Signal settings:
  • SignalMode:
    • 1/1 Candles (Mode 1) - if 1 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 1 previous candlestick's open price is higher than close price then sell order is placed.
    • 2/2 Candles (Mode 2) - if 2 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 2 previous candlestick's open price is higher than close price then sell order is placed.
    • 2/3 Candles (Mode 3) - if any 2 candlesticks' close price is higher than open price within the range of 3 previous candlesticks then buy order is placed, otherwise if any 2 candlesticks' open price is higher than close price within the range of 3 previous candlesticks then sell order is placed. Examples: white, black, white - buy order is placed; white, white, black - buy order is placed; black, white, black - sell order placed; white, black, black - sell order placed (in these examples white candlestick is the one that has close price higher than open price, while black candlestick is the one that has open price higher than close price.
    • 3/3 Candles (Mode 4) - if 3 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 3 previous candlestick's open price is higher than close price then sell order is placed.
    • 3/5 Candles (Mode 5) - if any 3 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 3 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
  • 4/5 Candles (Mode 6) - if any 4 candlesticks' close price is higher than open price within the range of 5 previous candlesticks then buy order is placed, otherwise if any 4 candlesticks' open price is higher than close price within the range of 5 previous candlesticks then sell order is placed.
  • 5/5 Candles (Mode 7) - if 5 previous candlestick's close price is higher than open price then buy order is placed, otherwise if 5 previous candlestick's open price is higher than close price then sell order is placed.
  • Reverse trade signal (true or false) - changes signal to its opposite (for buy - sell order is sent, for sell - buy order is sent)

Order settings:
  • Take Profit**
  • Stop Loss**
  • Lot size
  • Slippage**
  • Magic number

**These values are set in pips (0.0001). 1 pip = 10 points for 5 digits broker.


The logic behind Expert Advisor's algorithm

It may seem that single candlestick is not sufficient statistical data to identify the current trend, however if a trend is strong enough, then corresponding candlesticks will prevail and show up repeatedly.

Additional modes added to this strategy may detect current trend with higher accuracy. Signal lagging is from 1 up to 5 bars, depending on mode of operation.


Hedging (FIFO) and Order processing

This Expert Advisor is FIFO "First In First Out" compliant, therefore hedging is not possible. An order is sent by bar and closes by tick.
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PROMOTION! -50% OFF Promo price: $267 (Regular price $547) Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and time-proven expert advisors in the world. It combines the reliable WallStreet trading logic with an enhanced, intelligent trade management system, creating a strategy that not only identifies high-probability entries but also ensures
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Stanislav Tomilov
4.93 (45)
Uzmanlar
Vortex - geleceğe yatırımınız Vortex Gold EA uzman Danışmanı, Metatrader platformunda altın ticareti (XAU / USD) için özel olarak yapılmıştır. Tescilli göstergeler ve gizli yazarın algoritmaları kullanılarak oluşturulan bu EA, altın piyasasındaki karlı hareketleri yakalamak için tasarlanmış kapsamlı bir ticaret stratejisi kullanır. Stratejisinin temel bileşenleri, ideal giriş ve çıkış noktalarını doğru bir şekilde işaret etmek için birlikte çalışan CCI ve Parabolik Gösterge gibi klasik gösterge
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DMITRII GRIDASOV
Uzmanlar
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Lachezar Krastev
5 (19)
Uzmanlar
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Apex Gold MT4
Dmitriq Evgenoeviz Ko
Uzmanlar
Apex Gold Advisor: Accuracy and Efficiency for MT4 In the fast-paced world of forex trading, where every second and every pip counts, Apex Gold Advisor stands out as a tool designed to provide high accuracy of market entries. Designed specifically for the MetaTrader 4 (MT4) platform, this advisor is a powerful solution for traders looking to maximize their profitability while minimizing risk. the full list for your convenience is available https://www.mql5.com/ru/users/pants-dmi/seller Apex G
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Emir Revolledo
Uzmanlar
Gerçek zamanlı takip için canlı sinyal burada. Kraken , çoklu para birimi güç göstergesine dayanan, tamamen otomatik bir swing trading Uzman Danışmanıdır (EA). 8 ana para biriminin gücünü ölçer ve yalnızca bir para biriminin güçlü, diğerinin zayıf olduğu pariteleri işlem yapar. Kraken haftada birkaç işlem açar ve bunları birkaç günden birkaç haftaya kadar tutar. Nasıl çalışır 8 ana para birimini en güçlüden en zayıfa doğru sıralar İşlem filtrelerini kontrol eder 28 ana parite arasından en uygun
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Connor Michael Woodson
Uzmanlar
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Xyron Edge MT4
Ahmad Sidik
3 (2)
Uzmanlar
Xyron Edge is a Professional breakout Expert Advisor (EA) designed to trade market structures by utilizing swing high and swing low levels. The EA places pending orders above resistance areas and below support areas to capture breakout movements while maintaining controlled risk management. --------- EA Setting & Preset :  EA Input Settings Guide Live Signal :  https://www.mql5.com/en/signals/2395361 --------- Key Features Fully automated trading Dynamic support and resistance detection Pen
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Fan Yang
5 (1)
Uzmanlar
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Eur Machine Pro mt4
Leonid Arkhipov
Uzmanlar
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Syarief Azman Bin Rosli
4 (3)
Uzmanlar
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Bogdan Ion Puscasu
5 (6)
Uzmanlar
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MQL TOOLS SL
4.63 (43)
Uzmanlar
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Xian Qin Ceng
Uzmanlar
Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
Chaos Algo Trading EA
Stefano Frisetti
3.67 (3)
Uzmanlar
DESCRIPTION With the CHAOS ALGO TRADING EA, You dont need anymore to guess prices direction, You can profit when prices move either in mark up or in mark down from the moment You activate the EA in Your trading account. The ALGO TRADING EA was created to fully automate the TRADING STRATEGY OF CHAOS, leaving the single TRADE OPEN and TRADE CLOSE to the EA, and keeping for the TRADER only the decision when to activate it or close it. The EA is best used in loops; so if USER activate it, and then
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AW Trading Software Limited
4.5 (8)
Uzmanlar
Advisor AW Double Grids MT4   - bilgi işlem paneli ve basit kuruluma sahip agresif, tamamen otomatik bir grid danışmanıdır. Strateji, eş zamanlı iki yönlü çalışmadan oluşur ve bir yönün hacmini çarpar. Dahili otomatik lot hesaplaması, pozisyonların hacmini artırmanın çeşitli varyasyonları ve diğer işlevler uygulanır. Talimatlar ->   BURADA   /   Sorun çözme ->   BURADA   / MT5 sürümü ->   BURADA Danışman nasıl işlem yapar: AW Double Grids, zıt yönlü bir çift emirle iki yönlü işlem gerçekleştir
BioBot
Andriy Sydoruk
Uzmanlar
Here is the corrected and adapted description for your BioBot scalping system in English , fully aligned with the actual input parameters from your code: BioBot Scalping System Description BioBot is a high-performance automated scalping trading system designed for trading various financial instruments (currency pairs, metals, etc.), primarily on M1 – M15 timeframes. Optimizing BioBot just once (for example, over a one-month period) is sufficient to deliver strong results on a forward period sev
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Shane Lee
5 (2)
Uzmanlar
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 automatically adjust to the user's account balance and maximum drawdown settings, although
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Davit Beridze
5 (4)
Uzmanlar
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Forex Diamond EA
Lachezar Krastev
5 (6)
Uzmanlar
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The Gold Space MT4
Ayush V Jain
5 (1)
Uzmanlar
Version 3 is live now. LIVE SIGNAL REACHED 250% on Version 2 and market shifted. Live Signal of Version 3 on Vantage Version 3 Live signal https://www.mql5.com/en/signals/2393691  DIWALI SALE: 30 Oct – 8 Nov 2026  Diwali, the Festival of Lights, is a time for celebration and new beginnings. This year, we want to celebrate it with all our traders around the world. To mark the occasion, All my EA is available at a special Diwali price. ==========================================================
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ClosureMaster Utility
Elvira Akhsanova
Yardımcı programlar
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Uzmanlar
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VMeter EA
Elvira Akhsanova
Uzmanlar
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Channels Plus SR
Elvira Akhsanova
Göstergeler
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