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

#4543
SP7777
Spectator

@Dominik wrote:

OK. I still think about my second strategy published on forum (https://theinvestbay.com/viewtopic.php?f=13&t=19) – maybe it will be a good idea to combine both strategies together. I mean, to use 3 Moving Averages and to use engulfing patterns only in the direction of main trend (not counter-trend) and only these between two MAs with optimized values, for example 30 and 50.

I will code it and I will let you know about the results. Regards!

P.S. Here is example:

interesting discussions and thanks for the info on your site if i might suggest an idea in addition to your idea which is to combine both moving averages and price patterns in addition to this how about using Gann hilo indicator?