Candlestick Patterns EA

The Japanese candlesticks can help you predict future price movements just by the way they look. Candlestick patterns EA is an expert advisor which finds models of Japanese candlesticks and it can also enter trades instead of you.

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18 people bought this robot
18 people bought this robot

Advantages of Candlestick Patterns EA

Candlestick patterns EA is designed to be equally applicable to all markets and time periods. Whether you trade currencies, indices, gold, oil or stocks, the robot will detect formations and potential trades for you.

In addition, it can be included in any trading strategy and style and used as a confirmation signal or another reason for opening a trade.

If you are trading rejection of support and resistance levels, for example, Candlestick patterns EA can confirm the likely direction by detecting a candle formation at the level you are monitoring. In this way, it will give additional grounds for the trade and increase the chances of winning, because the more reasons a trade has, the greater the probability of success.

€190

What will you get:

One year license

Access to updates

Access to all new features

Installation instructions

Advantages of Candlestick Patterns EA

Candlestick patterns EA is designed to be equally applicable to all markets and time periods. Whether you trade currencies, indices, gold, oil or stocks, the robot will detect formations and potential trades for you.

In addition, it can be included in any trading strategy and style and used as a confirmation signal or another reason for opening a trade.

If you are trading rejection of support and resistance levels, for example, Candlestick patterns EA can confirm the likely direction by detecting a candle formation at the level you are monitoring. In this way, it will give additional grounds for the trade and increase the chances of winning, because the more reasons a trade has, the greater the probability of success.

Formations

How Candlestick Patterns EA works

Description

The main function of the Candlestick patterns EA is to detect specific candlestick patterns on an unlimited number of instruments at all times and to inform you of the more likely direction of future price movements.

The main function of the Candlestick patterns EA is to detect specific candlestick patterns on an unlimited number of instruments at all times and to inform you of the more likely direction of future price movements.

Candlestick patterns EA allows you to select the models that the robot will be looking for, as well as to set it to automatically enter a trade once it has found a certain model.

That gives you the opportunity to:

follow a larger number of instruments and thus discover the best opportunities;

not having to check how each candle closes, because this is what the robot does and it will inform you when the situation changes;

have more free time which you can use to improve your trading.

Candlestick patterns EA can be used on all timeframes. It will detect patterns and open positions for you. Just like with any analysis, including the analysis of the Japanese candlesticks, higher time frames are more successful. In this regard, we recommend that you use the robot at least on the hourly chart (H1).

Using Candlestick patterns EA as an additional tool to show you when to buy or sell a particular asset will save you time and significantly improve your trading results.

Candlestick patterns EA customization options

Which formations to detect;

You decide if you want it to automatically enter a trade for you, once it has found a specific formation;

Volume (Lot) used to open a trade;

Risk to reward ratio;

What is the minimum number of candles to determine a low/high;

The SL distance below/above the signal candle.

Important !!! Do not expect that with the purchase of this or another expert advisor you will start earning automatically. The purpose of the robot is to save time and expand trading opportunities. This can lead to an increase in your result when using proper money management. Candlestick patterns EA can be used as a confirmation signal and an entry moment signal for various strategies!

QAs

Candlestick patterns EA is an expert system that can detect candlestick patterns on an unlimited number of instruments on all timeframes simultaneously. It saves time and informs you about the more probable direction of future price movements.

Yes, you can set the robot to open a trade according to the parameters set by you, once a certain model is found.

It can be used on the timeframe that you are trading as a confirmation signal. Higher time frames are more successful. In this regard, we recommend that you use the robot on the hourly time frame (H1) at least.

There is no limit on the number and types of instruments. The Japanese candlestick analysis is used on all instruments and it gives information about the more probable direction of the future price movement.

After successful payment of the fee, you will receive an email with a download link of the expert advisor.

You will receive installation instructions in the form of a video.

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