Candlestick pattern EA
by Menaka Sachin Thorat · MT4
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Summary
Candles Power is an MT4 expert advisor by Alexander Nikolaev with a 4.5/5 user rating but no verified performance stats and price listed as N/A. Traders who prefer a simpler, candle-based approach may like its design, while those seeking proven track records or MT5 compatibility should consider alternatives. The listed alternatives include PZ Stop And Reverse EA MT5 ($149), Market Anomalies EA ($99), Neon Shadow EA MT5 (price N/A), Night Ranger ($149) and EA Pivot SR mt5 ($95). None have verified stats available. Remember broker rules, spreads and drawdown risk; FxRobotEasy independently reviews all products.
Retail traders compare Candles Power to alternatives because automated strategies vary widely by platform, market regime and risk profile. Candles Power runs on MT4 and targets candle-based signals; its 4.5/5 rating suggests user approval but the vendor lists price as N/A and there are no verified performance stats. Alternatives span MT4 and MT5, different entry logic and price points. Practical considerations—broker execution, spreads, slippage, allowed EA use, margin and drawdown tolerance—make side-by-side evaluation essential. FxRobotEasy independently reviews all products to help traders weigh features, costs and compatibility before testing on demo accounts.
| Metric | Candles PowerMain Product | Trendopedia Ai Our bot | Candlestick pattern EA | CandleMomentum FX | Candlestick Patterns Strategy EA MT4 | CandleHedge EA |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | N/A | N/A | N/A |
| Price | N/A | $149 | N/A | N/A | $30 | $100 |
| ROI | N/A | +213.3% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 55.3% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.41 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 338 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Candles Power is an MT4 expert advisor developed by Alexander Nikolaev and rated 4.5/5 by users. Strengths include a candle-pattern oriented entry logic that can be intuitive for traders who prefer price-action setups and a lightweight design suited to brokers that support MT4 EAs. Weaknesses: the vendor lists price as $N/A and there are no verified stats available, so expected returns, typical drawdowns and live performance are unknown. Platform realities matter: MT4 users must still contend with spreads, slippage, broker execution policies and possible max drawdown. Candles Power may suit discretionary traders who want automated candle-based signals and can tolerate limited transparency. Always demo-test, monitor drawdown, and factor in broker rules. FxRobotEasy independently reviews all products and recommends cautious evaluation on demo accounts before any live deployment.
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Candles Power can be a reasonable choice for MT4 traders who like candle-based automation and are comfortable with limited vendor transparency: its 4.5/5 rating signals user approval but price and verified stats are N/A. Alternatives offer MT5 options, clearer pricing, and different strategy focuses like pivot points, night sessions, or stop-and-reverse logic. None of the compared products have verified performance statistics, so demo testing, conservative sizing and attention to broker spreads and execution are essential. FxRobotEasy independently reviews all products and recommends thorough validation on demo accounts before any live use.
Whether Candles Power is worth buying depends on your priorities. It has a 4.5/5 user rating but price is listed as N/A and there are no verified performance statistics. If you favor MT4 candle-based automation and are willing to demo-test, it may be useful. If you demand audited track records or immediate price transparency, consider alternatives with published pricing and then demo them under your broker conditions.
The best alternative depends on platform and strategy needs. If you need MT5 compatibility and stop-and-reverse logic, PZ Stop And Reverse EA MT5 ($149) is suitable. For a lower cost anomaly-based approach, Market Anomalies EA ($99) could fit. Night Ranger ($149) targets overnight sessions, while EA Pivot SR mt5 ($95) focuses on pivot levels. Neon Shadow MT5 has a strong rating but price is N/A. None have verified stats, so choose based on platform and demo performance.
Test EAs safely by running them on demo accounts that mirror your live broker’s conditions—same spreads, execution and timezones. Use small risk parameters, track drawdowns, and test across multiple market sessions. Check for slippage, order fills and swap costs. Maintain a changelog of settings and market conditions. Only move to live trading after consistent demo performance, clear risk rules and understanding of broker limitations and automated trading policies.
While evaluating Candles Power and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+213.3%
Total Return
22.0%
Max Drawdown
55%
Win Rate
338
Total Trades