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

#4537
Avatartester228
Spectator

It would be nice if backtest with at least 15-20 points spread, as it is what most broker has now.

Also I don’t think it is a good idea to use M5 on price action strategy, it’s because the price can be too random and the support and resistance is not strong. Also the “spread effect” on lower timeframe would kill the profit. On higher timeframe spread doesn’t effect the performance much.

I will be optimizing for H1 on most of the pairs and will post it here. But since I am new to this EA, I need to understand what the settings do, so that i can optimize for H1. Because i am a swing trader, i like bigger profit for each trade.

Sir Admin thank you for your great EA that is really profitable!!! Thank you!