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
Sorry guys, but I was on vacation for some time and I was trying not to work
The latest version of Price Action EA (2.2) really has expired and the new one has not been published yet, but (please keep that in mind) I do not recommend trading until 15.01. On the basis of many analyzes and optimizations of many different Expert Advisors over many years, I can tell you that almost every system is less stable or completely unstable in the period from ~15 December to ~15 January (approximately, of course).
“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  and  must be greater than Open price-Close price of candle (aka 3rd candle)?
Yes. I used a mental shortcut when I was writing about the sum of both candles [0+1]. Really, it’s difference between closing price of  and open price of  as you wrote (for BUY).
In a few days I’ll publish the new version of PA EA.