Simple H4 Mobile Trading System

Quoting reisai

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{quote} Still confused.. LoL Maybe i should stick to my rules...

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Quoting ntnhanfx

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You can use this EA to test. Please try on demo account! To use EA, you need to use the attached indicator. Only used for: AUDCAD, AUDJPY, CADJPY, CHFJPY, EURCAD, EURJPY, EURUSD, GBPAUD,NZDJPY, XAUUSD. (Sorry, I'm not good at English, so use GoogleTranslate, please understand!) {file} {file}

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Quoting kirinda

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{quote} ranilo.vince is right: acoording to the rule by hzs10 must the high/low of the engulfing candle completely engulf the high/low of the candle before it. By her definition only high/low count NOT open/close. Regards Paal

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Quoting reisai

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{quote} @ranillo i believe above post is the definition of engulfing candle, or maybe there is other definition. Iam all ears, because im a bit confused... if there is any link or article i could read, i really appreciated it.. Thanks before..

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Quoting PrinceJ58

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{quote} Simple Google buovb and beovb. They will show up, even the one I posted the e.a. from.

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Quoting reisai

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{quote} thanks for the explanation.. one last thing, when bullish engulfing candle formed, it can engulf either bearish or bullish candle? because on those picture, when bullish engulfing candle formed, it was engulfing bearish candle. and the other way around.

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Quoting ranilo.vince

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{quote} Yes. This is the engulfing candle/bar that I used to enter on the trade. I encircled it in blue... {image}

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Quoting ranger_lp

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{quote} Hi Vince, that is an outside bar not an engulfing bar. I've seen traders trading off of that...nothing wrong with that, but I thought that the original strategy was engulfing...

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Quoting mastercool66

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Because i got tired drawing lines of Fibonacci, i coded an expert advisor (MT5) which is a trade panel that opens orders with hzs10 trade logic. When u get an alert from your engulfing indicator or visually, you can use this EA as a trade panel. When u click Buy/Sell, it will open an order and draw automatically the Fibo Levels in the chart. When the prices reaches : - Level 1.5, it will move SL to breakeven level (1.0) - Level 2.0, it will move SL to level 1.5 - I added level 2.5 and when the price...

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Quoting hhloverhh

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a good link fpr engulfing is : https://www.fxstreet.com/education/b...s-201710251058 really good explained

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Quoting ranilo.vince

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{quote} Hi Ranger, I believe this strategy can both be traded using outside bar and/or engulfing bar. So there's should be a consideration for us to use either of the two. You can check further on this thread if you are still not sure... https://forums.babypips.com/t/whats-...e-bar/152511/3

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Quoting hzs10

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{quote} I dont think all brokers provide such service in their App

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Quoting hzs10

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Just a quick update on some changes this month Rule to enter a trade is still same as post #1 For EUR and GBP cross pairs i reduce the risk which is 0.05. The rest of the pairs remains 0.1. SL remains at 0.0 which TP is 200.0 +3pips for sell trade ; and TP is 200.0 -3pips for buy trade. Why 3pips? Because average spread for most pairs is 3pips. Since the lot size i will be using for this month will be different i will go by amount earn for % of profit as i am busy working i do not have the discipline to keep a journal like i used to. So what matter...

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