(Mqlrobot) Candlestick Pattern Pro EA: EA identifies specific candlestick patterns, including bullish and bearish engulfing patterns.

(Mqlrobot) Candlestick Pattern Pro EA: EA identifies specific candlestick patterns, including bullish and bearish engulfing patterns.

The (Mqlrobot) Candlestick Pattern Pro EA is a fully automated trading system designed to optimize Forex trading using advanced candlestick pattern strategies. Developed using MQL4 and Fxdreema, this Expert Advisor (EA) offers traders a flexible and customizable approach to trading by executing precise buy and sell orders based on market candlestick patterns and trend signals.

Key Features of the Candlestick Pattern Pro EA

• Automated Trading: Executes buy and sell orders automatically based on candlestick pattern recognition.
• Candlestick Pattern Strategy: Uses both bullish and bearish engulfing patterns to determine optimal trade entries.
• Trend Following and Reversal Modes: Automatically switches between following trends and capturing reversal opportunities.
• Grid Trading System: Utilizes grid distance techniques to manage trades effectively in trending and ranging markets.
• Backtesting Mode: Allows for safe testing of the EA’s performance without risking real capital.
• Customizable Variables: Enables traders to modify trading variables such as lot sizes and grid distances dynamically.

How the EA Works: Step-by-Step Strategy

1. Opening Orders Based on Candlestick Patterns

• The EA identifies specific candlestick patterns, including bullish and bearish engulfing patterns.
• It evaluates market conditions to decide whether to follow the trend or capture reversals.
• Executes buy or sell orders based on predefined conditions and market signals.

2. Trade Management and Execution

• The EA monitors all active trades and uses a grid distance strategy to manage additional trade entries.
• It employs trailing stop and take profit mechanisms to secure gains and minimize losses.

3. Risk Management and Safety Features

• Includes a trailing stop for both individual trades and groups of trades.
• Automatically terminates trading in adverse conditions to protect the trading account.
• Provides a backtesting mode to simulate trading strategies safely.

Why Choose the Candlestick Pattern Pro EA?

• Efficient Trade Execution: Executes trades at precise market levels using reliable candlestick patterns.
• Adaptive Strategy: Shifts seamlessly between trend-following and reversal modes.
• Advanced Risk Management: Uses trailing stops and dynamic lot sizing to manage risk effectively.
• Customizable and Scalable: Allows traders to adjust variables to match their trading style and risk tolerance.

How to Get Started

1. Download the EA from Mqlrobot.com.
2. Install it in your MetaTrader 4 (MT4) platform.
3. Backtest the EA with 99.9% Tick Data for optimal settings.
4. Monitor performance and adjust inputs as needed.

Follow Us for Updates and Support

• YouTube: https://www.youtube.com/@mqlrobot
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• TikTok: https://www.tiktok.com/@mqlrobot
• Contact Support: https://mqlrobot.com/contact-us/
• Line Support: https://page.line.me/143kgzhe

👉 Download the MQL File Now 👈

The (Mqlrobot) Candlestick Pattern Pro EA is a robust and efficient trading tool for traders looking to automate their strategies using advanced candlestick pattern recognition. Its combination of trend-following and reversal modes, strong risk management, and backtesting features make it a valuable addition to any trading portfolio. Take advantage of this EA today to enhance your trading efficiency and profitability!

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