Another two engulfing:
See you tomorrow.
See you tomorrow.
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DislikedAs long as the trades are being done in the simple way this thread was designed for the process to be, all is Well. Should one find consistency it must be through simplicity and not a world of inputs that vary from the original concept, introducing complications. Obviously it is working for those participating, those who are traders and observing from a distance should get involved, ask your questions, State your concerns or ideas according to the rules of the system and let trading this method remain easy. Having an e.a. can be nice but would not...Ignored
DislikedAs long as the trades are being done in the simple way this thread was designed for the process to be, all is Well. Should one find consistency it must be through simplicity and not a world of inputs that vary from the original concept, introducing complications. Obviously it is working for those participating, those who are traders and observing from a distance should get involved, ask your questions, State your concerns or ideas according to the rules of the system and let trading this method remain easy. Having an e.a. can be nice but would not...Ignored
DislikedAt "hzs10" i'm still confuse about your definition of engulfing. the high and low of the current candle must be higher and lower than the previous candle. How about the body and the colour of the current candle? does it have to be closed bullish above ma and bearish below ma? does it have to be bigger than the previous body? or is it the high and low that matter? Thanks....Ignored
DislikedJust an example of an engulf trade. Today end off with green pips. Let’s observe tmw. {image} {image} {image}Ignored
Disliked{quote} Use chartstation from netdania is the simplest u can get Alert without vps and its freeIgnored
Disliked{quote} Nice post princej58 I agree ...keep it simple. I have 1 indicator only, it shows the engulf candle. As far as an EA, I don't think it is a good idea. I have several tweaks that I use that may not be applicable in an EA, such as, if a candle closes more than halfway to 150 I close the trade, if a candle closes above/below the SL of an unopened trade I will cancel the trade and if I have an active trade open and a opposite signal appears but does not reach the SL I will close the trade. ChrisIgnored