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Candle Trap EA

This EA is built to work using a combination of some indicators together with price action. It makes use of some special candle sequence to enter trades. The strategy exhibits  scalping tendency and hedging characteristics for recovery. If a signal is generated the expert places buy/sell orders with its corresponding hedge order at some calculated distance(pips) away. If signal works as expected, the EA takes profit intelligently by closing these orders at some minimum Profit(automatic). If however, the signal fails, the EA goes into a recovery mode by placing some more orders at calculated levels. It can work on any pair but its best on brokers or pairs with low spreads or transaction cost. 

I recommend an account leverage of at-least 1:200 and above and my preferred time frame is 1 hour and Stoploss of 60pips though its not too important. The expert has undergone successful back testing and forward testing and can be used on real account. For best results, run EA on several pairs say eight or more.

For a $10K account, I recommend using a 0.1 lotsize. Because of the recovery feature included, sustained growth on investment could be achieved. The EA is fortified with lots of controls already automated that makes it very safe and easy to use especially in the recovery mode. The nice part is that there are no tons of parameters to set and worries about magic numbers when using it on multiple currency pairs.

In most cases, the default values set on the parameters is enough to make profitable trades at good draw-down levels.


PARAMETERS:

  • Allow_Trade-  if false, EA won't start trades.
  • Lot_Type-       decides if EA uses Automatic lotsize or fixed lot (baselot).
  • StartLot -        lotsize for starting trades
  • StartHour-      hour at which EA begins to trade if there are no existing positions (broker's server time)
  • EndHour-        hour at which EA ends trading if there are no existing positions (broker's server time)
  • base_lot-        this is the lotsize used by EA if Lot_Type is set to fixedlot
  • ReserveUnits- the divisor used to divide account equity for the autolot calculation. eg. for a 10K account, if ReserveUnit is 10000,  
  •                        EA would start with 0.1 lotsize. If ReserveUnit is 5000 then starting would be 0.2 etc...
  •  Use_minProfit- if true, EA would close all trades at just a small profit in order to restart as it works in recovery mode.
  • ATR_Period-    period/no. of candles to be used by the ATR indicator.


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The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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Chen Jia Qi
5 (8)
Uzman Danışmanlar
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Babak Alamdar
5 (6)
Uzman Danışmanlar
Bir backtest değil, gerçek bir ticaret sistemi satın alın:   Live Signal 1     Live Signal 2 Bu fiyat promosyon süresince geçicidir ve kısa sürede artırılacaktır. Nihai Fiyat: 5000 $ Şu anki fiyatla sadece birkaç kopya kaldı, sonraki fiyat -->> 500 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Bu, XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD ve XAUCNH gibi tam çiftlerle altın veya XAU ticareti yapan ilk en akıllı robottur! Her gün haberleri kontrol ediyorum ve teknik, t
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Artem Minchuk
2.55 (11)
Uzman Danışmanlar
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Profalgo Limited
5 (5)
Uzman Danışmanlar
Lansman Promosyonu: Mevcut fiyattan sınırlı sayıda kopya mevcuttur Son fiyat: 990$ YENİ: 1 EA'yı ücretsiz alın!   (2 ticaret hesabı için) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files DayTrade Pro Algo'ya hoş geldiniz!   Yıllarca piyasaları inceledikten ve farklı stratejiler programladıktan sonra, iyi bir ticaret sisteminin ihtiyaç duyduğu her şeye sahip bir algoritma buldum: Broker bağımsızdır Bağımsız
Darwin Evolution MT4
Guillaume Duportal
4.83 (12)
Uzman Danışmanlar
Darwin Evolution !! 1490 USD - 990 USD Sınırlı Süre (Bir sonraki güncellemenin varışına kadar geçerli olan teklif, zaman kaybetmeyin ) !!! Bu EA'nın backtest'i yapamazsınız, çünkü MT4 eşzamanlı çoklu çiftleri kullanmaz. Darwin göstergelerin hesaplanması için 28 çifte ihtiyacı var !! Açıklamalar: - Operasyonu anlamak, gelin ve blogu okuyun (bu EA, Forex Ticaret Felsefemi Yansıtıyor ... Eğer bir şeyler görmemiz için yolumu seversen, o zaman EA'dan hoşlanacaksın. Bunu yapmak için zaman
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Thi Thu Ha Hoang
5 (12)
Uzman Danışmanlar
Çoğu uzman danışmanın neden canlı işlemlerde etkili olmadığını, mükemmel geri test performanslarına rağmen, hiç merak ettiniz mi? En olası cevap Over-fitting'dir. Birçok EA, mevcut tarihsel verilere mükemmel şekilde 'öğrenmek' ve uyum sağlamak için oluşturulur, ancak oluşturulan modelde genelleme eksikliği nedeniyle geleceği tahmin etmekte başarısız olurlar. Bazı geliştiriciler basitçe Over-fitting'in varlığından haberdar değillerdir veya biliyor olmalarına rağmen bunu önlemenin bir yolu yoktur.
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Gregory Hay
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Uzman Danışmanlar
Hoşgeldiniz       GoldExcel EA   , XAUUSD (altın) döviz çiftinin günlük tüccarı. Ekibimiz tarafından geliştirilen bu hesap, normal hesaplar, sponsorlu prop hesapları ve prop yarışmaları için kullanılabilir. Yüksek frekanslı ticaret kullanmayın. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Başlangıç fiyatı birkaç haftada bir artar. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk:  https://www.mql5.com/en/signals/2133189 L
Gold Trading Algo
Ho Tuan Thang
4.63 (8)
Uzman Danışmanlar
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. Limited price $199 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-b
AI NeuroX EA MT4
Denis Kurnev
5 (1)
Uzman Danışmanlar
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Powerful 1 min scalping system
Andrey Kozak
5 (1)
Uzman Danışmanlar
Price reduced for 7 days to $147 Then the price will be $230 PowerFul 1 Min Scalping System - Automatic Robot Scalper for Trade on the XAUUSD currency pair (the robot trades in other currency pairs, but gets the best results in gold). Recommended time periods M5 . The minimum initial balance is from $ 500. This robot automatically determines the points of price turning and sets several deferred orders in the likely future direction of the trend. If the price does not unfold in the right directi
Candle EA MT4
Mansour Babasafary
4.58 (38)
Uzman Danışmanlar
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
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Hui Qiu
5 (3)
Uzman Danışmanlar
ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time！ ET9  for MT4 Updated 4.20 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
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THE PRODUCT This Spd Expert is an EA to be used on multiple chosen pairs simultaneously. Every order has a TP and an SL, so there is nothing to fear. You just have to be patient as EA trades to grow your account. After purchasing the EA, you can also message me for my optimized settings.    Recommended TimeFrame is 1H TRADE PLAN Consider a recommended minimum starting capital of $100 and an initial lotsize of 0.01 yielding a minimum profit of $20 over 12 months of trading on a single pair. Then
NiteHorse EA
David Binka Kumatse
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The NiteHorse EA is works like a scalping machine to be used at those quiet market moments of the night. Specifically, its best to let it start work from some 2 or 3 hours to the end of each trading day and end trading before the trading day ends. The time filter uses the server time. (Broker Time). You may need to set/adjust it taking into account your geographic timezone. This is very important in order to get the EA trade during the last few hours of the day and for best results. It is als
Filtrele:
Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.26 14:47 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

David Binka Kumatse
5485
Geliştiriciden yanıt David Binka Kumatse 2021.03.26 17:19
Hello Miguel, thanks for the compliment.
I believe you are doing fine especially in this pandemic times. I have been busy building tarding systems. I however have good news for you.... The Pro version of the "Candle Trap EA" will be out in about a week from now. It has all issues catered for and has an outstanding performance and stability! Be on the look out to get your copy for a reasonable price !! Regards
İncelemeye yanıt
Sürüm 4.8 2019.07.31
Bug and error fix for even improved performance; (5M or 15M timeframe)
In this new version you would fine significant features added and the strategy has also been modified to cut down on drawdowns while trading. Most importantly, running EA on smaller time-frame (M5) and with StopLoss of 20 pips for multiple pairs is great!
Sürüm 4.7 2019.07.30
In this new version you would fine significant features added and the strategy has also been modified to cut down on drawdowns while trading. Most importantly, running smaller time-frame (M5) and with StopLoss of 20 pips is great!