I've been working on an EA that trades depending on candlestick patterns. The following are the patterns that this EA work on:
- Shooting Star
- Evening Star
- Evening Doji Star
- Dark Cloud Cover
- Bearish Engulfing
- Bullish Hammer
- Morning Star
- Morning Doji
- Piercing Line
- Bullish Engulfing
It's still not showing satisfactory results and needs a lot of improvements and optimization. Back-testing on H1, H4 and daily show either very small profits or small loses. So I am asking for the public help. Any adjustments or improvements are highly appreciated.
Here are some of the bugs that need to be fixed: (UPDATED FREQUENTLY)
- EA places order as soon as the EA is attached to chart. Seems that it looks for the last pattern even if it is outdated.
- 4 and 5 digits pips broker need to be fixed.