We have been experienced with Forex trading using candle pattern strategy for over 3 years.
On the base of our experience, we’ve developed our EA called “wpea”.
The features of wpea.
It tells whether it is time to buy or sell by recognizing 31 candle patterns.
It decides whether a candle pattern at specific position of wave is meaningful or not by recognizing several type of waves.
If we input the occurrence time of candle pattern which was meaningful in the past chart, wpea loads these data and decides if the candle pattern is meaningful or not.
It automatically controls all trading process such as order, risk management and so on.
It notifies trading process such as signal occurrence of candle patterns, entry & exit points through email or alarm window of MetaTrader4 installed on mobile phone.
It records all trading process in sqllite3 database.
If mt4 is shutdown by unexpected problem and restart, it recovers original trading situation.
It analyzes waves and candle patterns in detail and display the information in chart.
Traders can command trading operations to EA in command mode.

The advantage of wpea
We don’t need to keep your eyes on chart for a long time, because wpea notifies signals of candle patterns using alarm.
If we input meaningful candle pattern information into database, it helps you decide whether a candle pattern is meaningful or not. What traders have to do is analyzing past chart data and make a final decision, so it saves times and troubles of traders.
If we trade over 8 currencies at the same time, we can get stable profit monthly.
When you do strategy testing, it captures occurrence time of candle pattern and save it to files which helps your exercise that recognizes candle pattern and decides whether it is meaningful or not.