Color Candle EA V1.0 MT4 is another Expert Advisor (EA) designed for use with MetaTrader 4 (MT4). This type of EA generally focuses on using the color of candlesticks (candles) in a chart to decide when to place buy or sell orders. The "Color Candle" concept typically refers to detecting a trend or specific patterns based on the color of the candlesticks, such as using bullish candles (often green or white) for buy signals and bearish candles (red or black) for sell signals.Features of Color Candle EA V1.0: Color-based Trading Signals: The EA is likely programmed to recognize the color of candlesticks and trade based on this. For instance, a bullish candle (close price higher than the open) may trigger a buy order, and a bearish candle (close price lower than the open) may trigger a sell order. Customizable Settings: Lot Size: You can set the size of the trades the EA will open. Stop Loss & Take Profit: These values can be configured to manage risk by setting predetermined levels at which trades should close. Trailing Stop: Some versions of this EA may include a trailing stop feature, which moves the stop loss to lock in profits as the price moves in your favor. Risk Management:It may have features like risk percentage per trade, which automatically adjusts the lot size based on your account balance and chosen risk level. Trend Detection:The EA could be designed to only take trades when it detects a strong trend based on candlestick colors (e.g., only buying when the market is bullish or selling in a bearish trend). Timeframe:Color Candle EAs may be configured to trade on specific timeframes, such as 1-minute (M1) for scalping or 1-hour (H1) for longer-term trends. Optimization: Optimize Settings: You can optimize the EA by adjusting parameters (like stop loss, take profit, lot size) during backtesting to find the best configuration for your chosen asset and timeframe. Adjust for Market Conditions: It may be helpful to adjust settings depending on the current market conditions, as the EA might perform better in trending markets compared to sideways markets. Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.What’s in the package?Experts:Color Candle EA V1.0 MT4.ex4=========================================================== MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION Telegram Channel : https://t.me/TheTradeLovers Telegram Contact : https://t.me/TheTradeLover Email : TheTradeLovers@gmail.com Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13 Instant Download Your files will be available to download once payment is confirmed. Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order. Our Payment Options:👇 1) Bitcoin Wallet: 19osRLGdcrdKGq8HseVimFv4sPtWiVXht 2) USDT(Tether) Wallet: (ERC20) 0xd75d6711d9ddbc6e12910bdcecf9b1820ded33c0 3). USDT(Tether) Wallet: (TRC20) TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL 3) TRX(Tron) Wallet: (TRC20) TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL 4) XRP(Ripple): XRP Ripple rNxp4h8apvRis6mJf9Sh8C6iRxfrDWN7AV Memo 382047608 And another crypto wallet: on request 5) Paypal: https://PayPal.Me/thetradelovers 7) You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request. Send payment screenshot to: 👇🏿 Telegram: Click Here Mail Us: thetradelovers@gmail.com Payment After we will provide product within 90 minutes. If you want any proofs of Indicator or have any questions then feel free to message Send payment screenshot to: 👇🏿 Telegram: Click Here Mail Us: thetradelovers@gmail.com Thank You ❤️ Disclaimer: The EAs sold on our channel are not created by us. We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted. Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold. All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs. EA updates are thus not automatic and not guaranteed. No Refund Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.