Collection · MT4

Candlestick Charts System

by lvhaiyang

This MetaTrader 4 collection provides several scripts designed to analyze price action and candlestick patterns.

GitHub stars4
Forks3
Last update5 years ago30 Dec 2020
LicenceNone stated

Overview

Candlestick Charts System includes modules for moving average crossovers, Bollinger Bands, and a specialized candlestick analysis tool. The software identifies specific formations such as hammers, dojis, and engulfing candles by comparing recent price movement against a 200-period average of candle bodies. It alerts users via push notifications and logs when patterns or indicator conditions are met. The provided code focuses on signal identification; automated trade execution and risk management controls are not explicitly defined.

Details

Author

lvhaiyang on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

SMC / ICT / price action, Indicator crossover, Mean reversion

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from MovingAverageSystem.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
input_symbolstringOILUSD交易品种
input_timeframeint60K线周期(单位:分)
input_maShortPeriodint10短期均线
input_maMiddelPeriodint20中期均线
input_maLongPeriodint40长期均线

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone lvhaiyang/CandlestickCharts from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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