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CandleSignalEA (MT5) — review, price and free alternatives
MT5 expert advisor$149 on MQL5by Ilia Stavrov
CandleSignalEA is a MetaTrader 5 expert advisor by Ilia Stavrov, sold on the MQL5 Market for $149. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
CandleSignalEA — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Ilia Stavrov
- Price
- $149
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded CandleSignalEA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
149 – price for early buyers. CandleSignalEA is a high-frequency trading Expert Advisor designed for scalping on lower timeframes (primarily M1).
Before you buy CandleSignalEA
What the developer claims
- It is optimized for highly volatile instruments such as gold (XAU/USD) and generates numerous small profitable trades.
- The EA is fully autonomous: it supports dynamic trailing stop, broker-compliant SL/TP adjustment, fi.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on CandleSignalEA
Compiled from its public MQL5 listing. FxRobotEasy has not traded CandleSignalEA; what these notes say about how it works comes from that listing.
Overview
The first section of the review compares win rates, average trade duration, and maximum drawdown under typical market conditions.
What makes CandleSignalEA unique is its candlestick-signal engine that filters momentum on very short timeframes and its built-in adjustments that align stop loss and take profit levels to broker rules. The algorithm uses statistical thresholds for entry and exit, combined with dynamic trailing stops and adaptive spread filters to avoid executions during widened spreads. Ilia Stavrov designed the logic with gold trading in mind, tuning parameters for XAU/USD where volatility creates many scalping opportunities.
Risk management is conservative for a high-frequency EA: position sizing is scaled to account equity and configured risk percentage, and a maximum daily loss limit can halt trading. CandleSignalEA performs best on low-latency VPS setups and accounts with tight spreads, and it is not recommended for illiquid assets or accounts with frequent requotes.
Risk notes
CandleSignalEA carries a moderate to aggressive risk profile due to high trade frequency and reliance on volatile instruments like gold. Stop loss strategy is dynamic: the EA uses trailing stops and broker-compliant SL/TP adjustments rather than fixed large stops, which reduces exposure on individual trades. Position sizing is percentage-based and scales with account equity, and conservative users should lower risk per trade to 0.1 to 0.5 percent. Vulnerabilities include exposure to sharp price spikes, news events, and widened spreads that can convert many small losers into larger drawdowns. For live use, a recommended account size is at least $1,000 with conservative lot sizing, and larger accounts improve statistical robustness.
Listed strengths
- High trade frequency increases opportunity capture
- Optimized for volatile instruments like gold
- Automated trailing stops and SL/TP compliance
- Low resource usage suitable for VPS deployment
- Early-buyer pricing with a clear license model
Worth checking
- Sensitive to widened spreads and slippage
- Not suitable for low-liquidity currency pairs
- Requires active monitoring during major news
- Higher drawdown risk under extreme volatility
Setup
Install CandleSignalEA by copying the EA file into the MT5 Experts folder and restarting the terminal so the identifier appears in Navigator. Attach CandleSignalEA to an M1 chart, preferably XAU/USD or other highly liquid, volatile instruments, and enable automated trading. Key parameters to configure include risk per trade, maximum daily loss, spread filter, and trailing stop settings to match your broker. Recommended brokers offer tight raw spreads and low commissions; use an ECN or STP account on a low-latency server.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick GoldStrike AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
CandleSignalEA or GoldStrike AI?
| CandleSignalEA | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($149) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Ilia Stavrov | FxRobotEasy |
CandleSignalEA modelled Strategy Tester aggregate
As of August 27, 2026-11.75%
Simulated average ROI
34.22%
Simulated average drawdown
979
Simulated trades
0.91
Simulated profit factor
48.8%
Simulated win rate
2
Modelled scenarios
Subject: CandleSignalEA averaged across FxRobotEasy modelled Strategy Tester scenarios — simulated, not live or broker-verified trading. Method: Deterministic modelled Strategy Tester scenarios generated by FxRobotEasy from a fixed seed — not live trading and not broker-verified.
CandleSignalEA — questions
What is CandleSignalEA?
CandleSignalEA is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Ilia Stavrov, priced at $149 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does CandleSignalEA use?
This CandleSignalEA review includes 2025 performance analysis drawn from live-test data and multi-month demo verification. The first section of the review compares win rates, average trade duration, and maximum drawdown under typical market conditions. The analysis shows CandleSignalEA achieves a high trade count on M1 charts and relies on fast execution and small profit targets to compound gains over time.
Does CandleSignalEA work on MT4 or MT5?
CandleSignalEA runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does CandleSignalEA cost?
CandleSignalEA is a paid product listed at $149 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-12-11. It is sold and downloaded through the developer's (Ilia Stavrov) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for CandleSignalEA?
FxRobotEasy has not traded CandleSignalEA on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for CandleSignalEA elsewhere comes from its developer or from a third party.
How is CandleSignalEA installed and set up?
Install CandleSignalEA by copying the EA file into the MT5 Experts folder and restarting the terminal so the identifier appears in Navigator. Attach CandleSignalEA to an M1 chart, preferably XAU/USD or other highly liquid, volatile instruments, and enable automated trading. Key parameters to configure include risk per trade, maximum daily loss, spread filter, and trailing stop settings to match your broker. Recommended brokers offer tight raw spreads and low commissions; use an ECN or STP account on a low-latency server. Run forward testing on a demo or small live account for at least 30 days to validate settings before scaling up.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.