Bots

Trading Bot Streak Hunter — entry against a streak of same-colored candles

Searching for streaks of candles of one color and a counter-trend entry at the “inflection.” Bot logic, parameter impact, recommendations for OTC and the real market, and a trading plan.

Bot cover

What is Streak Hunter

Streak Hunter detects streaks of consecutive candles of the same color and gives a counter-trend signal when the streak reaches a specified length. The idea is simple but useful when the market makes short “imbalances” and then returns to the mean.

Candle streak
  • a sequence where closes move in the same direction.
  • A green streak is several candles in a row closing above the open.
  • A red streak is several candles in a row closing below the open.

How our bot works

  • Calculates the current length of green and red streaks.
  • When the length reaches Minimum consecutive candles, the bot places a counter-signal:
    • after a green streak — SELL,
    • after a red streak — BUY.
  • The marker appears on the current bar, the entry is planned on the next candle.

Parameters and impact

Parameter (as in settings)What it meansIf you decreaseIf you increase
Minimum consecutive candlesRequired streak length for a signalMore signals, more aggressive entriesFewer signals, more cautious entries
BUY/SELL label textCaptions for arrows on the chart
BUY/SELL colorColor of arrows and label text

Our tools use the pre-signal and confirmation mechanic. A pre-signal occurs on the current candle, and the final fixation is on the close of the next one if the conditions persist. This helps filter out random spikes.

Parameter recommendations

Modes and presets

  • Minimum consecutive candles: 3
  • Idea: streaks occur more often on OTC, so a length of 3 gives a balance of frequency and adequacy
  • If there are too many signals: raise the streak length to 4

Combinations and tips

  • Timeframe controls pace
    On lower TFs there are more and shorter streaks; on higher TFs they are rarer and more stable
  • Time filter
    Avoid the minutes around sharp news releases; streaks there can be “unstable”
  • “More cautious” mode
    Increase Minimum consecutive candles to 4 when the market is “choppy” and there are many false pullbacks

Where to view signals in Spectra Charts

Open an asset on Pocket Option in Spectra Charts

Connect the Streak Hunter bot

Choose a timeframe, start with 1 minute

Watch for BUY and SELL markers where streaks end


Trading plan

BUY

After a red streak with a length no less than the threshold, a BUY marker is placed
The entry is planned on the next candle

SELL

After a green streak with a length no less than the threshold, a SELL marker is placed
The entry is planned on the next candle

Expiration

One candle; it may be possible to use 1–2 re-entries on this asset

Risk

Fixed trade size; no re-entries during the tuning phase


FAQ


Summary

Streak Hunter catches moments when a series of one-direction candles overheats and makes a counter-entry. The main frequency control is Minimum consecutive candles. Change it “one step at a time,” record the result, and choose your balance between the number and accuracy of entries.