Twin Price Action 2 Candles 2 EMAs Pending

Price Action Strategy: 2 Candles 2 EMAs Pending

1. Trading Signal: 2 Candles 2 EMAs Pending

This system detects reversal patterns from two consecutive candlesticks, and uses dual EMAs (fast and slow) to confirm trend direction:

• Buy Entry: Red → Green candle + closes above fast EMA → Place Buy Limit

• Sell Entry: Green → Red candle + closes below fast EMA → Place Sell Limit

2. Signal Filters for Accuracy

• EMA Trend Filter: Trade in trend direction only (Buy above EMA, Sell below EMA)

• ADX Filter: Skip trades if ADX < 10 (low volatility)

• Spread Control: Avoid high-spread conditions

• EMA Distance Check: No trades when price deviates excessively from EMA

Core Features of the EA

1. Timeframe Flexibility: Supports M1 to H4 with filter customization

2. Risk Management: Lot size based on capital, Max Drawdown control

3. Adjustable SL & TP: Supports user-defined Risk:Reward ratios (e.g. 1:2, 1:3)

4. Trailing Stop Mechanism: Locks profits as price trends in your favor

5. 24/7 Automation: No need for screen monitoring, great for passive trading

 Recommended Usage

• Platform: MetaTrader 4/5 (MT5 recommended)

• Timeframe: M30, 6 set files avilable for M1, M5, M15, M30, H1 and H4

• Currency Pair: XAUUSD (Gold vs USD)

• Minimum Capital: $100 (>$1,000 recommended)

• Broker: Reliable with low spread

 Limitations:

• Only uses pending orders, which may miss fast market moves

 EA Parameter Summary

Core Strategy

• TimeFrame = 30 Minutes

• EMA_Slow = 320

• EMA_Fast = 6

• Candle_1_Body_Size = 227

• Candle_2_Body_Size = 156

• Wating_Pending_Mins = 400

Signal Filters

• Spread = 40

• ADX_Period = 11

• ADX_Score = 20

• Distance_near_EMA = 5100

• Distance_far_EMA = 300

Risk Management

• Lot_Devided = 200,000

• SL = 2580 pips / TP = 2890 pips

• Trailing Stop = 960 pips / Step = 400 / Start = 2000

Advanced Options

• On_Recovery = false

• Consecutive_losses = 2

• Recovery_Lot = 2.0

 Example Lot Size Calculations

• Capital $10,000 → 10,000 / 200,000 = 0.05 Lots

• Capital $1,000 → 1,000 / 100,000 = 0.01 Lots

• Capital $100 → 100 / 200,000 = 0.01 Lots (rounded up)

 Precision pending order execution for high-probability trend reversals—fully automated.