The profitable Candlestick EA for Metatrader 4 is a reliable trading robot designed to capitalize on single pin bar and engulfing candlestick patterns.
This expert advisor scans any currency pair and time frame for these candlestick patterns, executing buy & sell trades when these candlestick patterns are detected.
The Candlestick EA consistently executes approximately 1 to 5 trades per day, yielding reliably consistent trading results over extended periods.
The EA avoids excessive automated trading, minimizing broker spread costs.
What sets this EA apart is its flexibility, offering a wide array of adjustable input settings tailored to suit your personal preferences and trading style.
Each trade is secured with a stop loss and take profit target, ensuring optimal risk management.
Impressively, the Candlestick EA has achieved remarkable profitability, boasting a +390.32% gain on the account to date.
We highly recommend testing the Candlestick robot on a demo account before deploying it in live trading.
This trial phase will provide you with a comprehensive understanding of its functionality and performance over an extended period, before using it with real funds.
Free Download
Download the “candlestick EA.ex4” expert advisor
Track Record
Find below the detailed Profitable Candlestick EA track record. Please click on the image to view it in full size.
Key Points
- Algo trading: 100%
- Gain: +390.32%
- Daily gain: 0.20%
- Monthly gain: 6.27%
- Drawdown: 19.43%
Chart Example
The picture below shows the Profitable Candlestick Forex robot attached to Euro/U.S. Dollar 30-minute trading chart.
Recommendations & Specifications
- Operates effectively across all time frames
- Suitable for trading any currency pair
- Minimum account balance requirement: $50
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Averaging period, pin bar time frames, numbers of pin bars to trade, take profit mode, take profit in pips or money, break even, trailing start in pips or money, maximum profit configuration, trading sessions, trading session hours, allowed slippage, and more.
Download This Expert Advisor
Download the “candlestick EA.ex4” EA
How to install and run the Profitable Candlestick Bot in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the candlestick EA.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Profitable Candlestick EA!