Description

Rising Candle EA MT4 NoDLL

The Rising Candle EA MT4 NoDLL is an Expert Advisor (EA) designed for MetaTrader 4 (MT4) without the need for external DLLs. It focuses on analyzing candlestick patterns, detecting trends, and making optimal trading decisions based on trend analysis. Below are the key details:

Features:

1. Candlestick Pattern Analysis:
   • The EA identifies and analyzes various candlestick patterns to gain insights into market trends.
   • Patterns include doji, engulfing, hammer, shooting star, and more.
2. Trend Detection Algorithm:
   • Based on the identified candlestick patterns, the EA implements a trend detection algorithm.
   • This algorithm assesses higher highs, lower lows, and moving averages to determine potential trading opportunities.
3. Optimal Trading Decisions:
   • Leveraging trend analysis, the EA makes informed trading decisions.
   • It calculates stop-loss and take-profit levels based on the trend.
4. Risk Management:
   • The EA adheres to predefined profit and loss limits.
   • It avoids risky strategies like martingale or hedging.
   • Complies with FIFO regulations.

 

 

Trading Parameters:

• Timeframe:
  • The EA is adaptable to various timeframes.
  • Recommended: M30, H1, and H4 charts.
• Currency Pairs:
  • Best performance with EURUSD, GBPUSD, AUDUSD, and USDCAD.
• Minimum Deposit:
  • Effective with a low capital starting from $100.

How to Get Started

1. Download and Installation:
   • Download Rising Candle EA MT4 NoDLL from the provided link. https://yoforex.org/product/rising-candle-ea-mt4-nodll/
   • Visit our website https://www.yoforex.org/ for additional resources and insights.Contact:  @yoforexpremium

 

😎💫Happy Trading💫😎