Description
(Mqlrobot) Candlestick Signal Builder_MQL4
(Mqlrobot) Candlestick Signal Builder_MQL4 is an Expert Advisor (EA) developed using Fxdreema on the MQL4 platform. It is designed to help traders understand and analyze trading strategies based on candlestick patterns, focusing on the behavior of Bull Candles and Bear Candles in sequential patterns to generate buy and sell signals.
Thank you for reading this post, don't forget to subscribe!Key Features:
- Candlestick Analysis:
Detecting Bull and Bear Candle patterns to create buy (Buy Now) and sell (Sell Now) signals. - Signal Filtering:
The “Once Per Bar” logic ensures that duplicate signals are avoided, enhancing accuracy. - Trade Management:
Uses the “Bucket of Trades” block to monitor open trades. - Automated Closure:
Includes functions to automatically close trades based on profit in pips and reset variables for the next analysis.
This EA is ideal for developers and traders who want to study and refine their trading strategies using systematic and automated processes.
(Mqlrobot) Candlestick Signal Builder_MQL4 is an EA designed to study candlestick pattern trading strategies using Fxdreema and MQL4, perfect for educational and developmental purposes.
Warnings and Precautions:
- Users are responsible for any risks associated with the use of this EA.
- A thorough backtest with 99.9% tick data is recommended before live trading.
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