Reply To: Description of Price Action Engulfing Candles Strategy

Forums Strategies and Expert Advisors Price Action Engulfing Candles EA Description of Price Action Engulfing Candles Strategy Reply To: Description of Price Action Engulfing Candles Strategy

#4536
DominikDominik
Administrator

Hi!

In attachment you can find new version of Price Action EA: 1.3 !

Now, we can choose 1 from 4 different modifications of Engulfing Pattern to use. Pattern 4 is pattern from previous versions of EA. Pattern 1 has only small change in algorithm and patterns 2 and 3 are experimental versions of algorithm, which may work well for other currency pairs. We will see :)

Another new option is possibility to ignore 1st candle when is smaller than specified value of points – then candle number 2 becomes candle number 1, and candle number 3 becomes candle number 2.

Again, I added some new blocks for the parameters.

This version will work to the end of September 2016.
Until that time next version will be released.

Good luck!