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Bullish and Bearish Engulfing - expert for MetaTrader 5

Vladimir Karputov | English Русский 中文 Español Deutsch 日本語 Português

Views:
3089
Rating:
votes: 19
Published:
2017.08.10 12:34
Updated:
2018.06.26 13:14

The EA trades based on the "Bullish and Bearish Engulfing" pattern.

Inputs:

  • Bullish Engulfing — the type of the position that should be opened when there is "Bullish Engulfing"
  • Bearish Engulfing — the type of the position that should be opened when there is "Bearish Engulfing"
  • Risk in percent for a deal — risk per trade (position volume calculation) 
  • Shift in bars (from 1 to 255) — horizontal shift in bars
  • Distance (in pips) — distance parameter (see the below image for details)
  • true -> close opposite positions — reverse of a given position
  • magic number


Bullish and Bearish Engulfing


Bullish and Bearish Engulfing shift


Bullish and Bearish Engulfing distance

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/18487

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