Pattern Based EA Trading System

Unlock the potential of your trading with the Pattern Based EA by BlackCode Lab 4, an advanced expert advisor engineered for ultimate strategy optimization. Harness the power of meticulously designed patterns and typologies, enabling automated trades that react swiftly and intelligently to market movements. Whether you're a seasoned trader or just starting out, this EA elevates your efficiency and decision-making, providing a robust foundation for consistent results. Compatible with most major trading platforms, this digital solution features an intuitive user interface and seamless integration. Elevate your trading today with innovation that's built for success.

Pattern-Based Trading Systems

1. Order Block + Liquidity Grab (Smart Money Concept)

• Pattern: Price sweeps liquidity (stop hunt), then reverses at an Order Block.

• Entry: After liquidity grab + confirmation candle (engulfing/pin bar).

• Stop Loss: Just beyond Order Block.

• Take Profit: Fibonacci extension (1.272 or 1.618).

• Why Profitable: This follows institutional footprints and avoids false retail breakouts.

2. Break of Structure (BOS) + Change of Character (CHoCH)

• Pattern: Market breaks structure, then shifts trend (bullish → bearish or vice versa).

• Entry: Enter after confirmation candle following CHoCH.

• Stop Loss: Below recent swing.

• Take Profit: At least 1:2 RR, preferably next liquidity zone.

• Why Profitable: Detects early trend reversals before the big move.

3. Double Top / Double Bottom + Engulfing Confirmation

• Pattern: Price tests the same support/resistance twice, then rejects strongly.

• Entry: On engulfing candle after second test.

• Stop Loss: Above/below the pattern high/low.

• Take Profit: Next support/resistance or measured move.

• Why Profitable: High-probability reversal system used even by banks.

4. Flag / Pennant (Continuation Pattern)

• Pattern: Strong impulse move → small consolidation channel (flag).

• Entry: Breakout of flag in trend direction.

• Stop Loss: Opposite side of flag.

• Take Profit: Equal to prior impulse leg.

• Why Profitable: Captures continuation of strong trends with small risk.

5. Pin Bar / Hammer at Key Levels

• Pattern: Long wick rejection (Pin Bar, Hammer, Shooting Star) at SNR/OB zone.

• Entry: Enter on close of pin bar.

• Stop Loss: Beyond wick.

• Take Profit: Next liquidity zone or RR ≥ 1:2.

• Why Profitable: Simple but effective — shows strong rejection from supply/demand.

⚡ Summary of Effectiveness:

• Best for Reversal: Order Block + Liquidity Grab, Double Top/Bottom.

• Best for Trend Continuation: Flag/Pennant, CHoCH with structure follow-through.

• Best Simple System: Pin Bar at SNR.