Hey there, fellow traders! Today, I’m excited to introduce you to the latest version of an amazing tool: N Candles v3 for MetaTrader 5. This Expert Advisor (EA) is designed to spot a series of identical candlesticks, making it a valuable asset in your trading toolkit.
So, how does it work? The EA buys when it detects bullish candlesticks and sells on bearish ones. It utilizes the powerful CPositionInfo, CTrade, and CSymbolInfo classes to effectively manage your trades.
If you're curious about earlier versions, check these out:
What’s new in version 3?
Let’s dive into the inputs you can customize to suit your trading style:
- N: The number of identical candles you want in the series.
- Lot: The size of your trade.
- Take Profit: Set in pips to lock in your gains.
- Stop Loss: Also in pips, to protect your capital.
- Trailing Stop: Set to "0" if you don't want to use it.
- Trailing Step: Activate this if your trailing stop is greater than 0.
- Order Magic: Unique identifier for your orders.
- Slippage: Control your trade execution.
Here's a quick example of how to search with N set to 3:
With N Candles v3, you can enhance your trading strategy and make more informed decisions. Happy trading!
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