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N Candles v4 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

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N Candles v4 - expert for MetaTrader 5

The Expert Advisor continuously searches for N identical candlesticks. It buys on bullish candlesticks and sells on bearish candlesticks. Consider the type of account, i.e. whether it is netting or hedging. The CPositionInfo, CTrade and CSymbolInfo classes are used in the code.

Version 1: N candles .

Version 2: N candles v2 .

Version 3: N candles v3 .

New in version 4: On netting accounts, use the "Maximum Position" parameter instead of "Maximum Number of Items".

Example of EA operation on netting account:

N Candles v4 - expert for MetaTrader 5


Attachment download

📎 n_candles_v4.mq5 (33.28 KB)

Source: MQL5 #18609

N Candles v4 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions

N Candles v4 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

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