Specification
The EA will be trading ony candlestic bullish and bearish break engulfing break out this will be as followed
1)if the EA detects an engulfing lets say bullish engulfing completely formed it will the immediately make a buy limit order at the ope
of then bearish candel on the bullish engulfing pattern.
And the SL as to be place few pips bellow the bullish engulfing pattern low.
Take profit has to be only 15pips
2) and for the case of a bearish engulfing the EA has to take a trade immediately after the bearish engulfing pattern is fomed
it places the sell limit order and
a SL few pips above the the pattern high..
Tp also 15 pips
Now
An issue comes from what qualities of engulfing pattern should the EA trade
Interms of percentage i am going to show u through the image now.
Responded
1
Rating
Projects
501
52%
Arbitration
10
60%
/
20%
Overdue
3
1%
Free
2
Rating
Projects
789
71%
Arbitration
9
33%
/
33%
Overdue
22
3%
Free
3
Rating
Projects
1033
44%
Arbitration
50
8%
/
50%
Overdue
117
11%
Free
4
Rating
Projects
3027
66%
Arbitration
77
48%
/
14%
Overdue
340
11%
Free
5
Rating
Projects
2624
62%
Arbitration
113
45%
/
26%
Overdue
418
16%
Working
6
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
7
Rating
Projects
129
18%
Arbitration
11
27%
/
55%
Overdue
4
3%
Free
8
Rating
Projects
76
33%
Arbitration
9
78%
/
11%
Overdue
7
9%
Free
9
Rating
Projects
73
44%
Arbitration
21
14%
/
67%
Overdue
8
11%
Free
10
Rating
Projects
632
26%
Arbitration
89
73%
/
13%
Overdue
12
2%
Free
11
Rating
Projects
55
13%
Arbitration
5
20%
/
20%
Overdue
6
11%
Free
12
Rating
Projects
463
51%
Arbitration
41
24%
/
49%
Overdue
149
32%
Free
13
Rating
Projects
606
55%
Arbitration
48
23%
/
56%
Overdue
178
29%
Free
14
Rating
Projects
192
42%
Arbitration
17
29%
/
59%
Overdue
28
15%
Free
15
Rating
Projects
114
26%
Arbitration
7
29%
/
57%
Overdue
5
4%
Free
16
Rating
Projects
12
0%
Arbitration
21
0%
/
81%
Overdue
4
33%
Free
17
Rating
Projects
143
34%
Arbitration
11
9%
/
55%
Overdue
26
18%
Working
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