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

#4557
Avatar3NFX
Spectator

Hi Dominik,

First off would like wish you Merry Christmas! Saw your last post here was only yesterday and thought I could get perhaps get some questions answered by you here though I have added you on Skype but no luck to see you online so far.
In your main post you mentioned :
“Next parameter which filters out bad patterns in my strategy is “Highest_Candle_From_3″ and it defines if the sum of the real bodies of current (0) and previous (1) candle is higher than real body of 3rd candle.”

If it is a buy trade, the above statement does it means that the sum of Closing price – Open price for both candle [0] and [1] must be greater than Open price-Close price of candle [2](aka 3rd candle)?

I have quite a few more questions to ask but my guess is since it a holiday season right now you are probably having personal time with your family, I apologize if I have bump into your holiday >.<