DojiTrader - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Author of the idea : John Smith , author of the mq5 code : Balabashka Kong .
The Expert Advisor uses the Japanese Doji candlestick pattern.
Doji candlesticks have almost no body, only shadows. But this code provides "Maximum Doji Height" setting where you can set the height of the candlestick body.
Only one position is allowed. If the EA accidentally opens multiple positions, all positions will be closed. The EA performs trading operations on new bars (when new bars appear) and checks the first three bars (zero bars are skipped). If a "Doji"-like bar is detected, a signal to open a position is generated.
EURUSD test example, H1:
Attachment download
📎 dojitrader.mq5 (32.58 KB)
Source: MQL5 #19603
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