Candle EA MT4 V1.70 – Distributed by Fxunlocker

Candle EA MT4 V1.70 is a pattern-based forex robot designed to trade with candlestick recognition, ensuring rule-based, low-risk automation. Unlike EAs that rely on heavy indicators or risky strategies, this EA is FIFO compliant, no-DLL, and prop firm ready — making it an excellent choice for traders looking for stable growth.

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Candle EA MT4 V1.70 – Forex EA Without DLL (Pattern-Based Trading)
💰 Price: 0$
✅ Unlimited License + Free Updates

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Trading Strategy Overview

This EA is built on candlestick pattern detection. By analyzing bullish and bearish structures, it:

• Detects market trends without lagging indicators.

• Uses take-profit and stop-loss levels for built-in risk control.

• Avoids dangerous strategies like martingale or hedging.

• Optimized for M30 timeframe, but also effective on H1 and H4.

• Best results with EURUSD, GBPUSD, AUDUSD, USDCAD.

This makes Candle EA MT4 a low-risk, rule-based system perfect for both retail and prop firm trading.

Attributes

• ✅ Works with EURUSD, GBPUSD, AUDUSD, USDCAD

• ✅ Timeframes: M30, H1, H4

• ✅ Complies with FIFO rules

• ✅ No martingale, no hedge, no DLLs

• ✅ Suitable for low capital trading

• ✅ Multiple capital management options

• ✅ Prop firm compatible

• 💵 Minimum tested capital: $100

• 📈 Minimum tested leverage: 1:50

• 🏦 Best brokers: Big and well-known brokers

Settings Explained

• Magic Number – Use different IDs when running multiple EAs.

• Order Long / Order Short – Enable/disable buy or sell trades individually.

• Comment – Tag trades to separate them from other experts.

• Risk – Recommended 2% per trade for safe money management.

• Manual Lot Value – Fix the lot size instead of automatic calculation.

• Take Profit / Stop Loss – Manually set TP/SL in points.

• Breakeven Enable & Value – Lock in profits once price moves in your favor.

• Max Spread – Prevents trading in high-spread conditions.

• Trailing Stop – Automatically protects floating profits.

• Days of the Week – Disable trading on specific days.

Frequently Asked Questions

1. Is Candle EA MT4 FIFO compliant?
Yes, it is fully compliant with FIFO rules.

2. Can it trade on multiple pairs at once?
Yes, it can run simultaneously on all supported pairs and timeframes.

3. Does it support symbol suffixes (e.g., EURUSD.c, Gold, EURUSD.a)?
Yes, the EA auto-detects suffixes/prefixes and requires no extra setup.

4. Are updates included?
Yes, updates are released every 1–2 months and are free for all buyers.

5. Can it be used on other symbols?
Yes, but performance is optimized for EURUSD, GBPUSD, AUDUSD, USDCAD.

6. How many trades does it open?
Trade frequency depends on your settings. Backtest and live results are consistent.

7. Do I need VPS?
Not mandatory, but VPS is recommended for uninterrupted performance.

Conclusion

Candle EA MT4 V1.70 is a reliable candlestick-based forex robot built for traders who prefer low-risk, rules-based strategies. With compliance to FIFO rules, no risky tactics, and prop firm compatibility, it’s a professional-grade solution for MT4 users.

👉 Free for Fxunlocker Members.

Join the Fxunlocker Community 🚀

Get real-time updates, trading insights, and exclusive tools by joining our official Telegram group.
👉 Join Telegram                 👉 Message Admin                       👉 How To Get Acess

Disclaimer: Trading involves risk. This product provides source code and related files only. Users should test and use it based on their own settings and risk management.