Are you ready to level up your trading game? Meet N Candles v4, the latest Expert Advisor designed specifically for MetaTrader 5. This EA is a powerhouse that identifies N identical candlesticks in a row, making it easier for you to spot potential buy and sell opportunities. It buys during bullish candlesticks and sells during bearish ones, taking into account whether your account is set up for netting or hedging.
Curious about previous versions? Check them out:
- N Candles - Version 1
- N Candles v2 - Version 2
- N Candles v3 - Version 3
So, what’s new in version 4? If you're using a netting account, this version introduces the maximum position volume parameter, replacing the previous maximum number of items setting. This tweak can significantly enhance your trading strategy!
Key Inputs for N Candles v4
- N identical candles in a row
- Lot size
- Take Profit (in pips)
- Stop Loss (in pips)
- Trailing Stop (set to "0" if not used)
- Trailing Step (if trailing stop > 0)
- Max positions in a certain direction (for hedging mode only)
- Max position volume (for netting mode only)
- Magic number
- Slippage
Here’s a sneak peek at how the EA operates on a netting account:
With N Candles v4, you’re not just trading; you’re empowering your trading strategy. Ready to give it a go?
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