Hi cyberecoder, i found your post with the EngulfEAv2, i'm a beginner coder and i'm still learning, could you gently send the mq4 file so i can study the code for educational purpose? becase the EA looks very good, thanks.
Well done, EA is working great. Some bugs:
1. When an order is pending and the same signal appears later, it cancelled both orders
2. For some reason it misses some signals (I can't find out why)
3. The BE issue could be solved by opening 2 half positions the first with target 150 and the second target 200 and move to BE at 150 (default setting) - now not possible to run 2 EA in the same window
Well done, the EA is working really good.
A couple of suggestions on approvements though.
When jumping SL to BE, add some extra pips or factor. Almost 40% of the trades go to BE and that = 0$ in gain.
A Max and Min length of the engulfing candle, small candles almost always go to BE.
Option to choose engulfing and/or outside bars as the trade pattern. Right now you have both in the EA.
Thanl you so much for your Engulfing candle EA, can you kindly add 'bar size' to prevent trading in ranging markets. Also 'interval'and 'expiration date'as seen in this EA here with source code;https://www.mql5.com/en/articles/1946. It would greatly improve your EA