Forex ea Pro-Candles-EA-MT4

Some experienced traders can predict price direction even without indicators, as price movement can be identified using regular candlesticks. The EA compares multiple recent bars and their volumes, and opens trades based on this data. Furthermore, it can analyze candles across two timeframes simultaneously to make entries more precise and less risky. Additionally, the EA can automatically determine the take profit and stop loss sizes based on the previous candle's size. The recommended timeframes for this EA are H1, H4, D1. However, with proper optimization, it can also trade on lower timeframes. The EA works with any currency pair.

The EA does not use risky trading strategies; it always sets a stop loss, which can be moved to the highs or lows of the most recent candlestick (trailing stop).