Disliked{quote} hello everyone .. first of all a huge thanks to hzs10, for sharing this trategy so detailed with everyone, in the environment of the traders, few are so kind. I am a trader since 2006 and I already knew this strategy, but not so detailed, so again thanks to hzs10. I read all the threads, and I noticed that many did not understand how an ENGULFING should be configured, without wishing to confuse anyone, if you want I recommend this extremely precise tool in recognizing a perfect engulfing, obviously configurable, with push notifications,...Ignored
Nb. The create of this thread uses high and low of the candle to determine the engulfing scenario and not all alerts from this indicator will line up the same as her definition since this indicator also uses the body to determine ENGULFING and not the high and low alone, so unless there are parameters to select that aspect of the high and low only you might mixed signals which do not line up exactly with her specific candle pattern, you will get some but not all the time.
However I believe the 150 zone is really 1 : 0.5 RR and 200 is simply 1:1 RR so the indicator is actually equipped to function for the fibonnaci's original intension...The only difference is the ema filter.
My stupid advice is to take this one instead if you want to stick to her identifies rules of signal bar. https://www.mql5.com/en/market/product/3719.
Nevertheless this is mobile trading and I don't believe she is really interested in those alternative solutions. She seems to be quite comfortable using her mobile which is giving her the results she's looking for and displaying effortlessly like a lethal weapon in the markets.
Trade safe...
R:R "Percentage Focus"