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Advanced engulfing bar system

  • #301
  • Apr 27, 2014 9:54am Apr 27, 2014 9:54am
And now eur-usd
Attached Image (click to enlarge)
Click to Enlarge Name: eu.daily.gif Size: 8 KB
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  • #302
  • Apr 27, 2014 11:43am Apr 27, 2014 11:43am
hi, Smilee:
first up thank you for sharing this strategy! I can definitely see the value of it!

I have been a lurker of this thread for some time. Just have some questions that I hope you can clarify:

1. After reading the entire thread, I, as many other members have also pointed out, think there's still room for improvement regarding the risk: reward of this strategy. Now that I see your EA is out, are you going to optimize/improve this strategy?

2. Is it possible that you share your EA once it is done?

Thx a million!
  • #303
  • Apr 27, 2014 2:16pm Apr 27, 2014 2:16pm
I improved the SL ratio but I am open to any good idea.
After the EA is finished, I will have to think together with the coder how do we share the EA.
  • #304
  • Apr 27, 2014 4:21pm Apr 27, 2014 4:21pm
Quoting smilee89
I improved the SL ratio but I am open to any good idea. After the EA is finished, I will have to think together with the coder how do we share the EA.
hi, smile, thx for your reply. Since you said you improved the SL ratio, maybe you can modify the rules on post #1 to make it easier for newbies like me? Also keep us posted about your EA! THX!
  • #305
  • Edited 7:05pm Apr 27, 2014 6:35pm | Edited 7:05pm
Quoting smilee89
I improved the SL ratio but I am open to any good idea. After the EA is finished, I will have to think together with the coder how do we share the EA.
Hello smilee89.

Are you using the EA post some pages before from kinsale,or any other?

Regards

EDIT: Sorry i see is that but modified i suppose....sorry for the post.
  • #306
  • Apr 29, 2014 8:35am Apr 29, 2014 8:35am
eur-jpy
4h
1.1.2005 - 1.4.2014
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  • #307
  • Apr 29, 2014 9:26am Apr 29, 2014 9:26am
hi, smilee89;

so when is the expected release of this EA, if that's what you've planned? THX!
  • #308
  • Apr 29, 2014 9:47am Apr 29, 2014 9:47am
Quoting zhangshuo
hi, smilee89; so when is the expected release of this EA, if that's what you've planned? THX!
The EA is not finished completely.
  • #309
  • Apr 29, 2014 10:00am Apr 29, 2014 10:00am
Quoting smilee89
eur-jpy 4h 1.1.2005 - 1.4.2014 {file} {image}
What is your lot size ratio ? Mine is 0.10 (1 mini lot) for $2000 equity. What is yours for equity $2000 ?
-milkeyway
  • #310
  • Apr 29, 2014 12:08pm Apr 29, 2014 12:08pm
Quoting smilee89
eur-jpy 4h 1.1.2005 - 1.4.2014 {file} {image}
Very good reports smilee I am in..
-milkeyway
  • #311
  • Apr 29, 2014 12:15pm Apr 29, 2014 12:15pm
Are those hakein ashi candles ? I tried to download the master candle indicator but my mt4 doesn't respond when I apply it. Any solution ?
Thanks.
-milkeyway
  • #312
  • Apr 29, 2014 12:39pm Apr 29, 2014 12:39pm
You just need to download 2 indicators from post #1.
These indicators work fine on my MT4 platform build 625.
The EA calculates risk percentage of the equity, so each user can determine how much risk each trade takes.
  • #313
  • Apr 29, 2014 1:38pm Apr 29, 2014 1:38pm
AUD-USD
4h
1.1.2005-1.4.2014
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  • #314
  • Apr 29, 2014 6:08pm Apr 29, 2014 6:08pm
Why do i think this system is going to end up in the commercial section?
  • #315
  • Apr 29, 2014 6:51pm Apr 29, 2014 6:51pm
Congrats Smilee89,
I wish you the best, I'm abort with this boat, lets navigate it up to the sky.
  • #316
  • Apr 29, 2014 10:13pm Apr 29, 2014 10:13pm
Quoting smilee89
You just need to download 2 indicators from post #1. These indicators work fine on my MT4 platform build 625. The EA calculates risk percentage of the equity, so each user can determine how much risk each trade takes.
I also have build 625. But doesn't respond when I apply master candle.
-milkeyway
  • #317
  • Apr 29, 2014 10:17pm Apr 29, 2014 10:17pm
Quoting smilee89
You just need to download 2 indicators from post #1. These indicators work fine on my MT4 platform build 625. The EA calculates risk percentage of the equity, so each user can determine how much risk each trade takes.
Are those Hakein ashi candles ? should i use it if indi. doesn't work ?
-milkeyway
  • #318
  • Apr 29, 2014 10:27pm Apr 29, 2014 10:27pm
Do you mean enter short 1 pip below the low of the candle which closes below the engulfing bar ?
Attached Image
-milkeyway
  • #319
  • Apr 29, 2014 10:40pm Apr 29, 2014 10:40pm
These are not regular heiken ashi bars, u must use the specific indi.
and yes, enter short 1 pip below the low of the candle which closes below the engulfing bar.
  • #320
  • Apr 29, 2014 10:54pm Apr 29, 2014 10:54pm
Quoting smilee89
These are not regular heiken ashi bars, u must use the specific indi. and yes, enter short 1 pip below the low of the candle which closes below the engulfing bar.
You mean sell limit ?
-milkeyway
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