Candle Power EA MT4 + SetFiles (Latest version) | Unbounded

What is Candle Power EA MT4?

Candle Power EA MT4 is a professional mean reversion trading system for the S&P 500 (US500 / SPX500USD), built as a five-strategy portfolio approach. Designed specifically for volatile market phases, corrections, and stress environments, this Expert Advisor systematically trades market overextensions without Martingale or Grid. It can serve as a tactical portfolio addition or potential crash hedge within a diversified investment strategy.

Vendor website 

About the Developer

• Author: Simon Dietrich
• Experience: Over +1 years of experience on MQL5.
• Notable Products: Candle Power EA MT4, Candle Power EA MT5 and other advisors.
• Flagship Product: Candle Power EA MT4 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Candle Power EA MT4 Overview

Main Features of Candle Power EA MT4

• Mean Reversion Strategy for S&P 500: Exploits overextended market phases during corrections and volatility spikes.
• Five Independent Strategy Modules: Combines five uncorrelated systems to improve equity curve stability.
• No Martingale, No Grid: Uses structured risk control and predefined stop mechanisms.
• Crash & Stress Phase Focus: Optimized for volatile and corrective market environments.
• Advanced Signal Engine: Entries based on CPI (Candle Power Indicator), RSI, and multi-filter combinations.
• Portfolio-Based Architecture: Reduces correlation through diversified logic modules.

Additional Features

• Multiple Exit Variants: Includes 7 exit logics beyond SL/TP, plus time-based stop functions.
• Flexible Money Management: 8 risk models with percentage-based capital allocation.
• Advanced Stop & Target System: 7 SL types, 6 TP models, and 3 Break-Even methods.
• Trend & Volatility Filters: Dual moving averages and 3 volatility filter methods.
• Regime & Seasonality Filters: Includes daily high/low, weekday, month, seasonality, and interest rate cycle filters.
• Expandable Presets: Planned presets for VIX, Gold (XAUUSD), and Oil (USOIL/UKOIL).

Why Choose Candle Power EA MT4?

• Long-Term Backtested Since 2010: Covers multiple S&P 500 market cycles and stress phases.
• Real Portfolio Logic: Five strategy modules trading at different frequencies for diversification.
• Tactical Hedge Component: Designed for potential crash protection during market downturns.
• Low Trade Frequency, High Selectivity: 8–35 trades per year per module depending on logic.
• Transparent Development & Live Start: Reduced-risk launch with public tracking from the beginning.
• Institutional-Style Structure: Combines quantitative logic with portfolio management principles.

Candle Power EA MT4 Backtest Results

🔺S&P 500 index – 15 consecutive years

Candle Power MT4 Backtests

What’s Included in the Download Package?

• Experts:
  • Candle Power EA_fix.ex4
• SetFiles:
  • CPEA_Wh1.set
  • CP_EAz_15_years_backtests_Time_kmax__1_Lotm.set
  • CP_EAs_15_years_backtests_Time_pmax__1_Lot3.set
  • CP_EAx_15_years_backtests_Time_mmax__1_Lot6.set
  • CP_EAm_15_years_backtests_Time_tmax__1_Lot6.set

>>> Join VIP Membership Now <<<

Conclusion

In summary, Candle Power EA MT4 is a professional mean reversion trading system for the S&P 500 (US500 / SPX500USD), built on a five-strategy portfolio architecture. Designed to exploit market overextensions during corrections, volatility spikes, and stress phases, it operates without Martingale or Grid, focusing instead on structured risk control and diversified strategy modules.
With long-term backtesting since 2010 and a portfolio-based approach, this MT4 Expert Advisor can serve as a tactical diversification tool or potential crash hedge within a broader trading or investment strategy.

>>> Reviewed by Jason Stap <<<