DislikedI've tested this system with EA and wining rate is about 50% with RR 1:1.Ignored
I would be keen to receive a copy of the EA if you are willing to share. If not thats ok - I understand.
Cheers
AndyG
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DislikedI've tested this system with EA and wining rate is about 50% with RR 1:1.Ignored
Disliked{quote} Hello Dezil, thanks for your interest and work with the EA. This seems a little bit disappointing, given the manual backtest however, what period did you use, on which pairs, what rules for engulfing bar, SL position, did it make pips overall, etc? I would be keen to receive a copy of the EA if you are willing to share. If not thats ok - I understand. Cheers AndyGIgnored
DislikedHere we are. Try this EA. You need to download history data for D1 and H4 before testing. You can use "Control point mode" to test. Run tests on Daily timeframe {file}Ignored
Disliked{quote} Thank you Dezil I was just backtesting the ea and i noticed that it changes the lot size to accommodate with the sl/tp width I think for this system it is better to have a fixed lot size irrespective, can you modify this detail please? Thank you a lotIgnored
Disliked{quote} Hi Erebus, interesting how is the system called do you have a link? thanksIgnored
DislikedHere we are. Try this EA. You need to download history data for D1 and H4 before testing. You can use "Control point mode" to test. Run tests on Daily timeframe {file}Ignored
DislikedHi chaps, forever learning and i have something i would like to share with regards to daily and H4 engulfing I like Heiken Ashi bars, they let the trend stand out, albeit short at times I suggest after a daily engulfing, and h4 closes beyond high/ low (see orange dotted line in image below) then wait for price to retrace and change colour, then wait for the colour to change back to the intended direction. Entry was the small HA bar with yellow arrow below This is rather different to current methods, what do you think {image}Ignored
DislikedHi, Andy. The rules are exact as you stated before. We wait for daily engulf bar. Then we wait during 2 days if H4 candle closes above/below engalf bar high/low and then enter. SL=high/low of engalf bar, SL=TP Do you have all history data fo testing pair and period? Show me some examples when EA places wrong trades. This would be easy way to fix possible errorsIgnored
DislikedHowever, for the purposes of the backtest I discounted anything more than 2 days beyond the engulfing Daily bar. Hope that helps. AndyGIgnored