Advanced engulfing bar system

Can you explain that one please Smilee.

Smilee, do you still use this Trade management or with experience you do something different?

Close 0.5 of the lot size at 20-50 pips (depends on the TF) and let other part of trade to run while SL moves to Breakeven.

hello
what is wrong in this position?

hello
please see this chart and let me to know about my mistake.
thank you

and this one.
thanks

I am writing an EA for the strategy - with a few variations 1. trailing stop 2. range filter. if anyone is interested in testing please message me.

Good luck.

nj +20

i think its a perfect entry. but just post your winning trades like smilee

Got 20 pips from this one( nu)

There is no system that is 100% win. And there is nothing like a perfect system in forex. All that we have is a good system that can generate at least 70-80 % win. And this system can be classified good. And that is the reason a trader must use his or her discretion before taking a trade. Trade what you see.

Here is my EA based on smilee89. Please read instructions carefully!
I have added a couple of configurable mods

1. TrailingStops
2. Range Filter

INSTALL
===========================
1. Add Synergy_APB to your Indicator Directory. - http://www.forexfactory.com/attachment.php?attachmentid=1391980&d=1395642907
2. Place Engulfer4APB.mp4 in your Expert Advisor Directory.

SETUP - in this order
===========================
1. Select Chart
2. Select TF - Suggest h4
3. Change Chart to Line - better visualization.
5. Add Synergy_APB to chart
6. Add Engulfer4APB to chart

Settings
+++++++++++++++++++++++++++

LOTS=0.2; // Must be at least 0.2
COMENT="Up Cork!"; // Whatever!
TP1 = 20; // Take profit level - divide LOTS and move SL to BE if Trailing=FALSE
TP2 = 20; // Trailing SL
BarsToExpire = 5; // Number of candles after engulf that pending orders will expire
MaxBarsToCheck = 5; // Max number of candles to look back for engulfing candle
GMT_OFFSET=0; // GMT Adjust important for End of Week + plus start of week
TrailingStops=False; // Trailing Stop or classic move stop to BE
MaxRange=0; // Filter out large candles - default 0 pips = off

Thank you very much for uploading your EA source code.
I hope this system shared by smilee89 will succeed.

NZDCAD was wrong, because it was first bar closing above peak of engulfing bar, entry should be placed above peak of next bar.

AUDCAD and GBPAUD correct, just loosing trades.

ucad +25

cj + 20

second engulfing bar @ 12 would have produced a loss, actually did with my EA as I have only just started test before 12 candle

same results my EA

kinsale, thanks for ea, can you show on the image what you are saying here?

There were no losses on the ucad and cj

ucad was fine. my lose occurred with chfjpy. As I just started testing the system my first close outside the engulf was @ 4am candle, the 8am candle broke SL