Modification to existing Engulfing Bar EA

MQL4 Experts

Job finished

Execution time 11 days
Feedback from customer
Nice guy to work with. Delays caused by communication and I was confused with my own instructions to him. However he was still patient and did not pressure me to close the job or harass for payment.
Feedback from employee
Great Customer.. thank you...sorry late... :)

Specification

This is an Engulfing Bar EA.

However, I do not want to make it to be a strict EB EA.


So to modify this EA, the following conditions should be included in the script :

1. A small candle followed by a bigger candle. 1st candle must have a smaller body than the next candle body. Otherwise, no trade will take place.

Candle size is defined as Open less Closing price.

2. Short trade: Small bullish bar followed by bigger bearish bar (body size only i.e. open less close)

3. Long trade: Small bearish bar followed by bigger bullish bar

Due to these new conditions,the field OpenCloseMaxDeviation can be removed and script be changed to a comment.


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Budget
30+ USD
For the developer
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