Candle EA MT4 v1.70 add SetFiles – Original Version(1440+)

Introducing the Expert Candle EA MT4

Name: Candle EA MT4
Version: v1.70 New Version
Developer by: Mansour Babasafary
The Right Platform: Meta Trader 4 (MT4)
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What is Candle EA MT4?

Candle EA MT4 has been crafted and engineered to tackle the most demanding market obstacles encountered today. We have observed that Candle EA MT4 performs optimally on the USDCAD, EURUSD, AUDUSD, GBPUSD currency pairs, particularly within H4, H1, and M30 timeframes. Candle EA MT4 has demonstrated its effectiveness and is utilized by seasoned traders.

• Official Website: See here
  

Reasons to Utilize Candle EA MT4

• Complete automation capability: Candle EA is designed to fully automate the trading procedure, eradicating emotional biases that could affect Traders, thus enhancing both results and consistency in trading.
• Capability to detect candlestick formations: Candle EA holds the advantage of trading through candlestick formations, patterns widely embraced by traders.
• Candle EA allows traders to conserve time on analysis, ensuring they capture candlestick formations that present the most immediate trading prospects.

Candle EA MT4 – Smart, Safe & Pattern-Driven Automation

Key Features

• Precision Candlestick Strategy: Leverages advanced recognition of candlestick formations to identify high-probability entries and market reversals with accuracy.
• Built-in Risk Control: Operates under a strict risk framework with predefined profit and stop-loss parameters to ensure consistent capital protection.
• Multi-Pair Compatibility: Expertly optimized for major forex pairs including EURUSD, GBPUSD, AUDUSD, and USDCAD.
• Optimized Timeframes: Performs best on M30, H1, and H4 charts, adapting efficiently to short- and mid-term market structures.
• No Risky Tactics: Avoids Martingale, Grid, and Hedge strategies—focusing instead on sound, rule-based execution.
• FIFO-Compliant: Designed in full accordance with FIFO rules, making it suitable for U.S.-regulated brokers and prop firm challenges.
• Flexible Capital Use: Can be run on small accounts and supports a wide range of money management models, from fixed lots to dynamic risk scaling.

Benefits of Using Candle EA

• Reliable Pattern-Based Trading: Trades are backed by statistically significant candlestick signals, providing confidence and consistency in both ranging and trending markets.
• Customizable Strategy Logic: Easy-to-adjust parameters allow traders to fine-tune the EA to match their preferred trading style and risk profile.
• Low Barrier to Entry: Designed to perform well even on accounts with modest capital, making it accessible to traders at all levels.
• Regulation-Ready: Fully compliant with FIFO, supporting seamless integration with regulated broker environments and funded trader programs.
• Set-and-Forget Automation: Once configured, the EA runs with minimal oversight, freeing up time while keeping your trading strategy disciplined and active.

Performance of Candle EA MT4

Candle EA  – Trading USDCAD pair on M30 timeframe backtest analysis (2010 – 2023). Key performance metrics:

• Starting Balance: $10,000
• Total profit: $7,200,000
• Max Drawdown: 3%
• Win Rate: 69% – Percentage of trades closed in profit.

Candle EA – Trading EURUSD pair on M30 timeframe backtest analysis (2010 – 2023). Key performance metrics:

• Starting Balance: $10,000
• Total profit: $14,500,000
• Max Drawdown: 1%
• Win Rate: 75% – Percentage of trades closed in profit.

This Expert Advisor (EA) has been tested on the AUDUSD currency pair using the M30 (30-minute) timeframe from 2010 to 2023. Below is a detailed analysis of its performance based on the available data.

• Starting Balance: $10,000
• Total profit: $11,500,000
• Max Drawdown: 2%
• Win Rate: 70% – Percentage of trades closed in profit.

Candle EA  – Trading GBPUSD pair on M30 timeframe backtest analysis (2010 – 2023). Key performance metrics:

• Starting Balance: $10,000
• Total profit: $11,250,000
• Max Drawdown: 2%
• Win Rate: 73% – Percentage of trades closed in profit.

Recommended Configuration for Candle EA

What do you get After Downloading?

• Experts Advisor:
  • Candle EA.ex4

🤗WISH YOU SUCCESSFUL TRADING🤗