Description
Candle Master EA_ex4: Advanced Price Action Strategy with Dynamic Martingale.
📈 What is Candle Master EA?
Thank you for reading this post, don't forget to subscribe!The Candle Master EA is an Expert Advisor (EA) developed using the Fxdreema tool and compiled into an EX4 file for seamless use on the MetaTrader 4 platform. This EA is specifically designed to implement a Price Action strategy for identifying market reversal points, combined with a Dynamic Martingale system to enhance profit opportunities and reduce risk in markets with low volatility.
🔍 EA Structure
The structure of Candle Master EA includes the following components:
- Price Action Strategy:
- Executes Buy and Sell orders based on Price Action conditions, filtering out weak trends
- Utilizes Candle and Moving Average (MA) conditions to verify entry signals
- Dynamic Martingale System:
- When ADX signals no trend and Stochastic crosses, the system opens additional orders with increased lot sizes
- Uses ATR to filter signals and set new order distances when the market is stable
- Automated Order Closure:
- The first order uses Take Profit to clear the system quickly
- The second order aims for 0.5% profit, and the third closes at 0.4%
- The system progressively reduces the profit target to close positions as quickly as possible
🌟 Key Features of Candle Master EA
- Flexible Dynamic Martingale: Allows customization to match trader preferences
- Accurate Price Action Strategy: Ensures efficient order execution at market reversal points
- Automatic Lot Sizing (Autolot): Calculates lot sizes based on account balance, promoting effective risk management
- Full Input Customization: Provides adaptability for all market conditions
💼 Technical Information
- Recommended Initial Capital: $1000 USD per 0.01 lot (Standard)
- Lot Size Type: Autolot automatically adjusts lot size based on capital
- Trade Closing System: Take Profit, Dynamic Martingale, Automated System Clearance
- Trading Symbol: EURUSD
- Timeframes: 5 Minutes
⚠️ Warnings and Precautions
- Users are fully responsible for trading risks
- Perform Backtesting with Tick Data 99.9% before live trading
- It is recommended to start with a Demo Account before using a Real Account
📢 Follow Us for Updates and Support
- YouTube: @mqlrobot
- Facebook: MQLRobot
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- Support Contact: Contact Us
- Line Support: Line Support
👉 Download the MQL File Now: MQLRobot.com
Candle Master EA, Automated Trading, MQL4, Expert Advisor (EA), Price Action, Dynamic Martingale, ATR, ADX, Stochastic, Autolot System, EURUSD, Forex Trading
