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MT5-Doji Hunter EA

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Doji Hunter EA is a candlestick reader reversal expert advisor that recognizes candlestick pattern DOJI , either for long or short trades. Stochastic Oscillator , Bollinger Bands and On Balance Volume (OBV) can be configured and used as trade in filters. So, it´s possible to trade only dojis that are created under determined region of bands or a limit value of stochastic. Takeprofit and Stoploss can be configured as fixed ones or as Stochastic and Bollinger Bands trade out . A trail system based on Bollinger Bands can be configured.

Indicators:

- Stochastic Oscillator.

- Bollinger Bands.

- On Balance Volume.

Features:

- Smart candlestick recognition and detection system.

- Fully automated trading.

- Fixed takeprofit and stoploss and/or trade out.

- Productive trade in filters.

- Operate according reversal trend prices.

- Stoploss operation mode, NO Martingales.

Settings:

- Robot: Doji Hunter 1.01 – (Name of your robot – expert advisor)

- Magic number: 13 – (Magic number to specify orders)

- Basic lot size: 0.1 – (Lot size of each order)

- Symbol digits: 5 (Number of digits of each symbol, ex: EURUSD – 5): 5

- Maximum volume (Symbol - 0 if automatic and not backtest): 500 (Copy maximum volume per symbol or 0 to automatic)

- Maximum spread to open orders: 15 (Maximum spread)

- Maximum number of opened orders: 5 (Maximum number of simultaneous orders)

- Doji max body size (points): 1 – (Size of doji body that will be recognize, in points – for short trades)

- Takeprofit (points): 1400

- Stoploss (points): 700

- Trail enable (Bollinger bands): true

- Trail Stoploss multiplier (x Bollinger Bands): 1.00

- Stochastic timeframe: M30

- Stochastic smooth: 3

- Stochastic %K: 14

- Stochastic %D: 3

- Enable Stochastic in filter: true (Enable trade in with Stochastic)

- Stochastic long in filter limit: 25 (Stochastic down trade in limit for long orders)

- Stochastic short in filter limit: 70 (Stochastic up trade in limit for short orders)

- Enable Stochastic trade out: false (Enable trade out with Stochastic)

- Stochastic long trade out: 80 (Stochastic up trade out limit for long orders)

- Stochastic short trade out: 20(Stochastic down trade out limit for short orders)

- Bollinger band timeframe: M30

- Bollinger band period: 20

- Bollinger band shift: 0

- Bollinger band standard deviation: 2.00

- Enable Bollinger filter in: true (Enable trade in filter with Bollinger Bands)

- Enable Bollinger trade out: false (Enable trade out with Bollinger Bands)

- Doji candlestick volume bigger than previous: false (Enable OBV – Doji volume bigger than previous one)

Recommended symbol: EURUSD.

Recommended timeframe: M15, M5.

Default optimization for EURUSD (M15).