Hello everyone. After trading manually for sometime I have recently come across the MT4 platform and discovered these things called Expert Advisors.
My aim is simply to use the backtesting part of that platform to test certain types of candle patterns over a number of days, weeks, months etc..
eg. Test all bearish/bullish engulfing or even hammer type candles on a 15m or maybe a 1hr timeframe over the last 6 months and that if I entered on the opening of the next candle and took my profit at the close of said candle, or a set number of pips how many would be winners and loosers etc...
Is this really possible and would such an 'EA' exist?
Does anybody know of such things. I have spent over 2yrs manually wading my way through charts learning the hard way and this seems just incredible to me.
Your help would be greatly appreciated.
Many Thanks.
My aim is simply to use the backtesting part of that platform to test certain types of candle patterns over a number of days, weeks, months etc..
eg. Test all bearish/bullish engulfing or even hammer type candles on a 15m or maybe a 1hr timeframe over the last 6 months and that if I entered on the opening of the next candle and took my profit at the close of said candle, or a set number of pips how many would be winners and loosers etc...
Is this really possible and would such an 'EA' exist?
Does anybody know of such things. I have spent over 2yrs manually wading my way through charts learning the hard way and this seems just incredible to me.
Your help would be greatly appreciated.
Many Thanks.