Let's see on screen, I try to backtest engulfing bar strategy.
For buy entry I take long positions all bullish engulfing and close all positions at first bearish engulfing.
For sell entry I take short positions all bearish engulfing and close all positions at first bullish engulfing.
Surely, we can't get profit in all trade, but in long run I think this idea can get positive profit
To finding Engulfing Bar I use this indicator as attach file.
For buy entry I take long positions all bullish engulfing and close all positions at first bearish engulfing.
For sell entry I take short positions all bearish engulfing and close all positions at first bullish engulfing.
Surely, we can't get profit in all trade, but in long run I think this idea can get positive profit
To finding Engulfing Bar I use this indicator as attach file.
Attached File(s)
Engulfing.ex4
13 KB
|
201 downloads
Engulfing.mq4
4 KB
|
234 downloads