TESSHINSO EA MT4
Overview:
Tesshinso EA is a robust Expert Advisor (EA) designed for MetaTrader 4 (MT4). It leverages advanced algorithms and candlestick patterns to optimize trading performance. The EA operates on the M5 timeframe, ensuring timely entries and exits to maximize profitability.
Functionality:
This EA integrates several key features to enhance your trading experience:
Risk Management: Users can set their desired risk level, with automated lot sizing based on account balance.
Dynamic SL and TP: Adjustable Stop Loss (SL) and Take Profit (TP) levels ensure trades are managed effectively.
Trailing Stop: An optional trailing stop feature helps lock in profits as the market moves favorably.
Order Management: Automatically manages buy and sell orders to maintain a balanced and strategic trading approach.
Candlestick Analysis: Utilizes patterns like Bullish Engulfing, Bearish Harami, and Pinbars to identify optimal trade opportunities.
Strategy:
Tesshino EA employs a combination of the Williams’ Percent Range (WPR) and Awesome Oscillator (AO) to confirm trade signals. It identifies significant candlestick patterns to decide on market entries:
Bullish Signals: Generated when the EA detects bullish patterns like Bullish Engulfing or Bullish Harami.
Bearish Signals: Triggered by bearish patterns such as Bearish Engulfing or Bearish Harami.
Pinbar Detection: The EA recognizes pinbars to capture reversals and continuations effectively.
Additional Requirements:
Timeframe: M5
Recommended Minumum Deposit: $100
Account Type: ECN or LOW SPREAD
VPS: Recommended for optimal performance
Best Pairs: Tesshinso EA works well with most currency pairs, but it performs best with EURUSD.
PRESET:
EURUSD M5: $100 DEPOSIT – 320% NET PROFIT – 23% DD – 90% MODELING QUALITY
