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The Candle EA V2.0

Name: The Candle EA V2.0 MT4 - FREE DOWNLOAD
Price: 179.00 USD
Availability: InStock

Original price was: $300.00.Current price is: $179.00.

The Candle EA V2.0 is a fully automated expert advisor that trades based on candlestick patterns, aiming for low-risk trading without using risky strategies like martingale or hedge. It is designed to be used on the EURUSD, GBPUSD, AUDUSD, and USDCAD currency pairs, with the best time frame being M30. The EA has profit and loss limits, making it suitable for traders with a minimum capital of $100 and a leverage of at least 1:50.The Candle EA V2.0 is an advanced Expert Advisor that automates trading by analyzing candlestick patterns and market trends, aiming to identify optimal entry and exit points for enhanced profitability.

Categories: MetaTrader 4 - MT4, Expert Advisor, No dll EA Tags: ea, mt4, NO DLL, The Candle, The Candle EA, The Candle EA V2.0

Description
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Description

Unlock Consistent Forex Profits with The Candle EA V2.0

Overview

The Candle EA V2.0 is a sophisticated Expert Advisor designed to automate forex trading by analyzing candlestick patterns. It offers a low-risk approach, eliminating the need for high-risk strategies like martingale or hedging. This EA is compatible with MetaTrader 4 (MT4) and is suitable for traders seeking a reliable, automated trading solution.

Recommended Settings

Magic Number: Assign a unique identifier to distinguish trades executed by this EA.
Order Long: Enable or disable long (buy) trades.
Order Short: Enable or disable short (sell) trades.
Comment: Add a custom comment to trades for easy identification.
Risk: Set the risk percentage per trade; a 2% risk is recommended.
Set the Lot Value Manually: Choose to set the lot size manually or let the EA calculate it.
Take Profit: Define the take profit level in points.
Stop Loss: Define the stop loss level in points.
Breakeven Enable: Activate the breakeven function to protect profits.
Breakeven: Set the profit level at which the breakeven function activates.
Max Spread: Specify the maximum spread allowed for trades.

Minimum Deposit: $100

The Candle EA V2.0 is designed to be accessible to traders with a minimum deposit of $100. This low entry barrier makes it an attractive option for both novice and experienced traders looking to automate their trading strategies without significant initial investment.

Timeframe: M5

For optimal performance, it is recommended to run The Candle EA V2.0 on the M5 (5-minute) timeframe. This timeframe allows the EA to effectively analyze candlestick patterns and execute trades with precision, capturing short-term market movements.

Currency Pairs

The Candle EA V2.0 is compatible with the following currency pairs:

EURUSD
USDJPY
GBPJPY
USDCHF
AUDUSD
USDCAD

These pairs are known for their liquidity and volatility, providing ample trading opportunities for the EA to capitalize on.

Strategy

The Candle EA V2.0 employs a strategy based on the analysis of candlestick patterns to identify potential market trends. By detecting specific patterns, the EA determines optimal entry and exit points, aiming to maximize profits while minimizing risk.

How It Works

Upon activation, The Candle EA V2.0 continuously monitors the selected currency pairs and timeframes for predefined candlestick patterns. When a qualifying pattern is identified, the EA executes trades according to the specified settings, including risk management parameters such as stop loss, take profit, and breakeven levels.

Conclusion

The Candle EA V2.0 offers a reliable and low-risk automated trading solution for forex traders. With its focus on candlestick pattern analysis, it provides a systematic approach to trading, suitable for both beginners and seasoned traders. By adhering to recommended settings and maintaining proper risk management, traders can enhance their trading performance and achieve consistent results.

Instant Download : https://www.yoforex.org/product/the-candle-ea-v2-0/

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