EA Engulfing Pattern
- Experts
- Giovanna Talio
- Versione: 1.30
- Aggiornato: 6 maggio 2021
- Attivazioni: 5
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ENGULFING PATTER EA IS AN EXPERT ADVISOR THAT OPENS POSITION BASED ON THE " ENGULFING CANDLESTICK PATTERN "
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PLEASE KINDLY NOTE THAT THIS EA IS NOT OPTIMIZED AND WITH STANDARD SET IS NOT PROFITABLE.SO PLEASE OPTIMIZE THIS ROBOT BEFORE GOING LIVE.
THE ROBOT OPENS POSITIONS IN CERTAIN CONDITIONS :
ADX_must_be_higher_then and ADX_must_be_lower_then are the customizable values of entry position.When an engulfing pattern is formed and this values are met,the robot opens the position.
THE ROBOT CLOSES POSITIONS IN CERTAIN CONDITIONS :
By Fixed TP or by opposite signal ( if the TP is high )
You can decide how much pips must be the engulfing bar in " Value_engulfing_bar ".More this value is high,less positions will be opened and viceversa.
You can also choose between fixed lot or martingale money management.
THERE ARE ALWAYS A STOP LOSS AND A TAKE PROFIT.AS SAID,TP IS FIXED OR GIVEN BY OPPOSITE SIGNAL.THE STOP LOSS IS THE HIGH OR LOW OF ENGULFING BAR.
FOR ANY QUESTION FEEL FREE TO CONTACT ME !
HAPPY TRADING :)
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