Candle Fire EA
CandleFireEA
This is an intraday Expert Advisor, by default the Hour parameter is set 22 GMT, or the last daily chart, after the candlestick closure a new date starts and indicators are activated (MACD, Parabolic,EMA-200,EMA-100,EMA-50).
Referring to the history of European, Asian and American sessions, after the indicator signals an entry point is defined, stop loss and take profit are automatically set. After passing a profit level the position is moved to breakeven and a trailing stop is activated. Trades on the H1 chart, any currency pair. Better choose major currency pairs, only currencies!
Best results were shown on EUR/USD, GBP/USD, EUR/GBP, GBP/JPY, USD/JPY, EUR/JPY, USD/CHF. It is not recommended to change default settings.
Parameters
- Hour - trading hour
- SL - stop loss level
- Lot - lot size
- Profit_Level - profit level
- SL_Plus - breakeven set at SL_Plus
- Profit_Level2 - profit level
- TrailingStop2 - trailing stop
- Slip - slippage
- Magic - magic number
- https://www.mql5.com/en/market/product/13180#full_description