What is Candle EA MT5?

Candle EA MT5 is a professional Expert Advisor for MetaTrader 5 that specializes in trading based on candlestick patterns. By detecting market trends through advanced pattern recognition, this EA provides traders with a structured and low-risk trading approach. Optimized for EURUSD, GBPUSD, AUDUSD, and USDCAD, the Candle EA MT5 works best on the M30 timeframe, but is also compatible with H1 and H4 charts. Designed for traders who value both safety and performance, it offers built-in profit and loss limits for effective risk management.

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About the Developer

• Author: Mansour Babasafary.
• Experience: Over +1 years of experience on MQL5.
• Notable Products:  Candle EA MT5, Ai Multi Trend MT5, Dragon Multi EA MT5, Sharp EA MT5 and other advisors.
• Flagship Product: Candle EA MT5 is rated as the best performing product of the year.

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Candle EA MT5 Overview

Key Features of Candle EA MT5

• Candlestick pattern strategy – identifies reliable trading opportunities based on market psychology.
• Low-risk trading – integrated take-profit and stop-loss functions.
• Multi-pair support – works seamlessly with EURUSD, GBPUSD, AUDUSD, and USDCAD.
• Flexible timeframes – optimized for M30, but also supports H1 and H4.
• FIFO compliant – trades align with regulatory requirements.
• Capital efficiency – can be used with as little as $100 and leverage of 1:50.

Additional Features

• Magic Number – run multiple EAs simultaneously without trade conflicts.
• Order Control – enable or disable long/short trades individually.
• Custom Risk Settings – adjustable risk percentage and manual lot size options.
• Take Profit & Stop Loss customization – define your own trading thresholds.
• Breakeven & Trailing Stop – lock in profits and minimize losses.
• Max Spread Filter – prevents trades during high-spread market conditions.
• Day Filter – disable trading on specific weekdays.
• Automatic symbol recognition – works with brokers using suffixes or prefixes.

Why choose Candle EA MT5?

• Proven candlestick strategy – trades based on one of the most reliable methods in technical analysis.
• Safe and stable – no martingale or hedge strategies, each trade is risk-controlled.
• Cost-effective – suitable for traders with small or medium-sized accounts.
• Scalable – can be used by retail traders, prop firm traders, and professionals alike.
• Ongoing support & updates – lifetime free updates and responsive customer service.
• Consistent performance – backtested and live trading show the same average number of trades.

Candle EA MT5 Backtest Results

Candle EA MT5 Backtest Results

🟢 GBPUSD Backtest (2010–2023, M30)

• Profit: $11,250,000
• Win Rate: 73%
• Max DD: 2%

Candle EA MT5 Backtest Trading Results

🟢 AUDUSD Backtest (2010–2023, M30)

• Initial Deposit: $10,000
• Profit: $11,500,000
• Win Rate: 70%

Candle EA MT5 Backtest Trading

🟢 USDCAD Backtest (2010–2023, M30)

• Profit: $7,200,000
• Win Rate: 69%
• Max DD: 3%

Candle EA Trading Results

User Reviews

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Conclusion

In summary, Candle EA MT5 is a powerful and reliable Expert Advisor designed for traders who value consistency, safety, and efficiency in automated trading. Built on proven candlestick pattern strategies, it identifies high-probability setups based on market psychology, making it a trusted tool for both beginners and professionals. Optimized for EURUSD, GBPUSD, AUDUSD, and USDCAD on the M30 timeframe (with compatibility on H1 and H4), this EA ensures flexible usage across different trading styles.

>>> Reviewed by Jason Stap