Asian Candle

Follows the direction of the last completed candle.

Contract
Asian Up/Down
Default market
Volatility 100 Index
Pace
Quick entries

How it works

  1. An Asian contract settles against the average of its own ticks rather than the entry price.
  2. Asian Up wins when the final tick finishes above that average.
  3. A completed candle is settled: its direction will not change while the bot acts on it.
  4. A green candle buys Asian Up and a red one buys Asian Down.
  5. The body has to be a real share of the candle, so a minute that went nowhere is ignored.
  • Reads completed candles
  • Body must be a real share
  • Reading does not change mid-minute
  • Loss cooldown
  • Martingale with cap

Staking

It ships with a 2.1x martingale, sized to win back a losing run of up to 3 trades inside its stop loss, with a max stake of 5. Untick Use martingale on its card to stake the same amount on every trade.

Settings

Every number here can be changed on the card before you press Run bot.

Contract

SettingDefaultRange
Duration (ticks)How many ticks the contract averages over before it settles.51–10

Entry rules

SettingDefaultRange
Body shareHow much of the candle’s range its body must account for. Higher is stricter.0.50.1–1
Cooldown after a loss (ticks)The bot sits out this many ticks after a losing trade before it looks for a new entry.20–50

Stake progression

SettingDefaultRange
Initial stakeThe amount staked on the first trade of each sequence.10.35–1,000
Martingale multiplier1 keeps the stake flat. Above 1 multiplies the stake after each loss.2.11–5
Max stakeIf the progression pushes the stake past this, it resets to the initial stake.50.35–5,000

Session limits

SettingDefaultRange
Take profitStops the bot once session profit reaches this.101–100,000
Stop lossStops the bot once session loss reaches this.101–100,000
Max losses in a rowStops the bot after this many consecutive losses.41–20

Run Asian Candle free.

Sign in with Deriv and start on your demo balance. Every number on a bot can be changed before you press Run bot.

Open this bot

More Asians bots

  • Asian MACDUses the MACD histogram, and needs it to be growing rather than just positive.
  • Asian PressureUses RSI to decide whether to buy Asian Up or Asian Down.
  • Asian RunWaits for a stretch of ticks that have each risen above the last.
  • Asian SpreadTrades when price is sitting near the top or the bottom of its recent range.
  • Asian TrendWatches the moving average itself turn, rather than watching price cross it.
  • Asian DriftTrades Asian contracts, which settle against their own average rather than a fixed level.