Candle EA v2.0 MT5 (Works on Build 5370+) | Forex Robot | MT5 Expert Advisor

Candle EA v2.0 MT5 is an automated Expert Advisor designed to trade based on candle patterns, market structure, and price behavior. Instead of stacking multiple lagging indicators, the EA focuses on what really moves the market: raw price action. It continuously analyzes recent candles, identifies clear bullish or bearish signals, and opens trades when its rules are met.

Key Features of Candle EA V2.0 MT5

• Smart Candle Pattern Recognition: The EA identifies several powerful patterns, including engulfings, pin bars, rejections and strong trend candles, then checks if they are valid entries or fake signals.
• Trend Direction Filter: To avoid trading against the main flow, Candle EA V2.0 checks trend direction using moving averages or structural highs and lows, depending on the settings.
• Wick and Body Ratio Logic: The EA analyses the ratio between candle body and wicks to confirm if a candle truly shows rejection, exhaustion or strong momentum.
• Volatility and Session Filter: It can avoid very low volatility periods and can be set to trade only during sessions like London or New York where price movement is more reliable.
• Spread and Slippage Protection: Before opening a trade, the EA checks spread and slippage to avoid bad conditions, especially during news spikes.
• No Martingale or Grid: Candle EA V2.0 does not use any dangerous martingale or heavy grid strategies. Each trade is independent, with its own defined risk.
• Flexible Risk Management: You can use fixed lot sizes or risk percentage per trade. The EA supports fixed stop loss and take profit, or ATR-based dynamic levels.
• Works on Many Instruments: From forex majors and minors to XAUUSD, indices and some crypto symbols, the EA adapts to different markets as long as spreads are acceptable.
• Beginner-Friendly Inputs: Inputs are labelled clearly, so even if you are not very technical with MT5, you can still configure and run the EA without much stress.

Recommended Settings and Pairs

While traders may tweak things according to their own style, a general starting point for Candle EA V2.0 MT5 could be:

• Timeframes: M15, M30 or H1 for a balance of signal frequency and quality.
• Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD, and selected indices or crypto with proper spreads.
• Risk per trade: Around 1–2% for live accounts; you can test higher risk on demo if you like.
• Stop Loss/Take Profit: ATR-based dynamic levels or fixed SL/TP with at least 1:1.5 or 1:2 reward-to-risk.
• Trend Filter: Turned on for safer entries in direction of the main flow.
• News Filter (if available): Enabled to avoid high-impact news whipsaws.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week)

What’s in the package?

Experts:

• Candle EA v2.0 MT5.ex5

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

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