Trading Robots for MetaTrader 4

Active Candle EA

active-candle-ea-logo-200x200-9214
799.00 USD559.30 USD

Free updates are included

We Accept:

We guarantee that all our
products are 100% authentic

Information

Experts
MetaTrader 4
7
Heiko Kendziorra
30 January 2019
1.9
17 June 2019"categories

Overview

Active Candle reacts on candlestick formations in EURUSD and equalizes it with current highs and lows of days, weeks and month before to trigger a tradeNo martingale, no grid, no hedging, always just one order with StopLoss. As it isn't scalping there's no need for a super fast connection or ecn account, but the spread should be low. The backtest is made with wide spread to simulate slippage.

Active Candle works in M5 charts but the internal strategy relies also on H1, D1, W1 and MN1 charts. Download that data for a correct backtest!  Default settings are for EURUSD M5 chart.

Live signal >> (old)   Old 2:   https://www.mql5.com/en/signals/539210      

Current live signalhttps://www.mql5.com/en/signals/586887

After 4 weeks and again after 3 month of trading the first accounts were deactivated by Roboforex.

Timing is a important! Don't forget to set SetUTC (GMT) correctly according to the timezone of your broker! First you must find out in which timezone you are. Info about your timezone is in MS Windows date and time settings - to that number add the amount of hours the clock in mt4 market watch is ahead or subtract if its back - thats the number to set in the UTC setting.


Settings

  • SetUTC - timezone setting. The default set UTC=2 is used by many brokers. 

  • Auto_Moneymanage: automatic money management can be used 

  • MiniLots: if set to true, auto money management works in steps of 0.01 lot

  • MaximumRisk: how much % of account free margin is set on risk for each trade

  • Lots: lot size if automatic money management is disabled

  • StopLossB: distance of stop loss for buy from order open price in points 

  • StopLossS: distance of stop loss for sell 

  • TakeProfitB: distance from order open price in points where the order is closed for buy orders

  • TakeProfitS: distance to order open price

  • HourStart: EA start hour

  • HourStop: EA stop hour

  • HrFriStop: hour when the EA stops opening orders on Fridays (disabled set 24)

  • HrFriClose: to avoid open positions over the weekend, hour when the EA closes open orders on Fridays (disabled if set to 24)

  • magic: magic number

  • OrderOpenAlarm: if true, a pop up window and a sound alert inform that an order is opened

  • EmailAlarm: if true, an email informs 

  • PushAlarm: if true, a push notice informs

    Text_Buy: Text in alarm message

    Text_Sell: Text in alarm message 

    Don't activate following settings for live trading, just for testing:

  • MultiOrdersif set to true the EA may open several orders into the same direction

  • MaxOrders: sets the max. number of orders in one direction

  • Hedge: if set to true the EA may open orders into the opposite direction



7 DAY MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 7 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: [email protected].

Refund requests received more than 7 days after purchase will be rejected.

Email Us Now! Support is available 24/7
by Email: [email protected]

Do You Need Help?
Click Here To Start Live Chat

Contact Us

Copyright © 2020 EA-Trade.pro. All rights reserved. Terms and conditions | Privacy policy     We speak your language EN|CN|DE|ES|RU

RISK WARNING: ea-trade.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

Search