For example:
EU 4H
SL 240 (2400)
TP 40 (400)
Min Size of the bar 55 (550)
3 losers, 100+ winners
EU 4H
SL 240 (2400)
TP 40 (400)
Min Size of the bar 55 (550)
3 losers, 100+ winners
"Bullish Engulfing Bar" and "Bearish Engulfing Bar" trade 88 replies
Engulfing bars 129 replies
Hybrid System of 3 Successful Traders - Engulfing w/ Pivot & SMA 235 replies
My trades: Engulfing - SS14 system 16 replies
Definition of Bullish Outside Engulfing and Bearish Outside Engulfing 3 replies
DislikedThis is the next step to be coded.
After ~+15 pips, move SL to Breakeven (BE).
Then trail SL.
It can be every 10-15 pips.Ignored
DislikedEdited post #62
Can you please be more specific about which rules? thank youIgnored
DislikedI think I'd like to throw my hat into the mix. I must admit this EA looks very promising, I've always been a fan of engulfing candles.
I can write this up on Ninjatrader, which can give us a lot more options and statistics. As soon as we get the exact rules that we want down, I can program it in about an hour.
Great job guys!Ignored
Disliked
I don't know if MT4 can do this, but the optimization tool allows you to backtest a range of different variables in combination with each other to find the best settings.Ignored