Description
(Mqlrobot) Candlestick Trend EA_MQL4: Trade with the Candlestick Pattern + Trend Following Strategy
(Mqlrobot) Candlestick Trend EA is an automated trading system that utilizes a candlestick pattern + trend-following strategy to detect market trends and open buy/sell orders based on key candlestick patterns such as bullish engulfing, bearish engulfing, pin bar, doji, and more.
Thank you for reading this post, don't forget to subscribe!This system is ideal for traders who use price action techniques for precise order entries, integrating grid trading or Martingale strategies to enhance profitability.
Key Features of the EA
- Candlestick Pattern-Based Order Entry—Accurately analyzes primary candlestick patterns.
- Trend Following Trading—Opens orders in line with the market trend.
- Supports Snowball & Martingale Strategies—Automatically adjusts trade lot sizes.
- Grid Trading Integration—Reduces drawdown and enhances profit opportunities.
- Supports both follow trend & reverse trend trading.
For more details on automated trading tools, visit MQLRobot
How (Mqlrobot) Candlestick Trend EA Works
1. Candlestick Pattern Analysis
- Bullish Patterns (e.g., Bullish Engulfing, Pin Bar) → Open Buy Order.
- Bearish Patterns (e.g., Bearish Engulfing, Shooting Star) → Open Sell Order.
2. Market Trend Analysis
- Follow Trend Mode—Opens orders in line with the main trend.
- Reverse Trend Mode—Opens orders against the trend.
3. Snowball & Martingale Strategy
- Snowball Mode—Increases trade lot size when making a profit.
- Martingale Mode—Increases trade lot size when in loss.
4. Grid Trading System
- Opens buy/sell orders at specified price intervals.
- Adjusts trade size based on the chosen strategy.
5. Smart Order Closure System
- Closes orders when Take Profit (TP) conditions are met.
- Implements Automatic Stop Loss (SL) to prevent excessive losses.
Why Choose (Mqlrobot) Candlestick Trend EA?
✔ Accurate Candlestick Analysis—Helps filter out false signals.
✔ Works in All Market Conditions—Suitable for trending and sideways markets.
✔ Supports Snowball & Martingale Strategies—Customizable based on trading style.
✔ Smart Loss Prevention System—Helps manage trading risks effectively.
For more trading tools and expert advisors, visit MQLRobot
Recommended Trading Conditions
- Timeframes (TF): M5, M15, H1
- Best Currency Pairs: EUR/USD, GBP/USD, USD/JPY, XAU/USD
- Broker Type: ECN, Low Spread
- Minimum Investment: $300+ recommended
- Leverage: 1:100 or higher
Download & Start Using (Mqlrobot) Candlestick Trend EA
For more insights on trading systems and automated trading, visit MQLRobot
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