EA-1408 · Candlestick Pattern
Exp candlestop trailing
This EA has not been analysed in detail yet.
Open the interactive view (equity curve, symbol switch)Key facts
CategoryCandlestick Pattern
RiskLow
Rating—
TypeTrading EA
Timeframes—
Indicators—
AuthorCopyright © 2012, Nikolay Kositsin
SourceMQL5 CodeBase
Backtest results (H1, about 1 year)
Not backtested yet — this EA could not be converted automatically.
Strategy analysis
[Strategy analysis available in Chinese — English translation pending]
Strengths
- High code quality: Professional-grade code by Nikolay Kositsin, clean structure
- Comprehensive error handling: Full OrderCheck pre-validation + error code descriptions
- Excellent CIsNewBar class design: Reusable new-bar detection class
- [Strength documented in Chinese — translation pending]
- [Strength documented in Chinese — translation pending]
- [Strength documented in Chinese — translation pending]
Weaknesses
- Incomplete functionality: only trailing stop, no position-opening capability
- Too few parameters: lacks time filter, max stop distance, etc.
- No logging: only Print output, lacks persistent logs
- [Weakness documented in Chinese — translation pending]
- [Weakness documented in Chinese — translation pending]
Parameters
| Parameter | Default | Description |
|---|---|---|
`UpTrailPeriods` | 5 | Buy trailing stop period (bars to search for lowest price) |
`DnTrailPeriods` | 5 | Sell trailing stop period (bars to search for highest price) |
`Deviation` | 10 | Slippage (points) |
`UpTrailPeriods` | 5 | High price search period |
`DnTrailPeriods` | 5 | Low price search period |
`Shift` | 0 | Horizontal shift (bar count) |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.