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Candle Pattern

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1 Candle Pattern on Thu Oct 11, 2012 8:15 pm

Hello,

I have 2 question, i try to create a candle signal entry, but it not work in the EA such as :
-open new entry for every candle appear in the same direction. How to setup?
-Candle trailing not follow the last, low candle. How to setup?

2. How to use my own lot size?


Thanks

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2 Re: Candle Pattern on Thu Oct 11, 2012 8:17 pm

old_forum_question wrote:Hello,

I have 2 question, i try to create a candle signal entry, but it not work in the EA such as :
-open new entry for every candle appear in the same direction. How to setup?
-Candle trailing not follow the last, low candle. How to setup?

2. How to use my own lot size?


Thanks

1. Do you mean open position when two consecutive candles to the same direction appear?
- If this is what you meant, then you can create candle patten signal with 2 candles: if you don't need any orher restrictions, you can just set direction "Up" for both candles (or both "down" if you need bearish candles).

- For trailing stop to folow last candle low, set EA input "CandleTrailingStop" (in Metatrader) to value 1.

2. Set EA input "Lot" (in Metatrader) to your position size in lots, if you need to open every position with the same lot size.

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