Hey fellow traders! Are you on the lookout for a reliable trading system for MetaTrader 5? Let me introduce you to N Candles V2. This nifty tool is designed to detect N identical candles in a row, making it easier than ever to spot trading opportunities.
So, how does it work? If the identified candles are bullish, we jump in and buy. If they're bearish, we take the opposite approach and sell. It's as straightforward as that!
Now, let’s talk about what’s new in version 2:
- Take Profit: Set your target in pips.
- Stop Loss: Protect your trades with a safety net in pips.
- Trailing Stop: Maximize your profits; set it to '0' if you prefer not to use it.
Input Parameters:
- N identical candles in a row
- Lot size
- Take Profit (in pips)
- Stop Loss (in pips)
- Trailing Stop (set to '0' if not using)
- Trailing Step (set if Trailing Stop > 0)
- Magic number for trade identification
- Slippage settings
Curious about how to set this up? Here’s a quick example with N=3:
With N Candles V2, you can streamline your trading strategy and make more informed decisions. Give it a try and see how it fits into your trading routine!
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