Experts: Bullish and Bearish Engulfing

[Automated-Trading]

Bullish and Bearish Engulfing:

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

Author: Vladimir Karputov

[dompetku]

hello

This is great EA, very appreciate for this great work

Can we add some Pending order which based on Fibonacci Retracement of engulfing form , as seen on pic below ?

So we have Pending Orders set on Initial break level, Entry level1 and Entry level 2 with multiple choice of TakeProfit level (TP-1 is enough) and we also have SL level

Thank you

[Vladimir Karputov]

dompetku :

hello

This is great EA, very appreciate for this great work

Can we add some Pending order which based on Fibonacci Retracement of engulfing form , as seen on pic below ?

So we have Pending Orders set on Initial break level, Entry level1 and Entry level 2 with multiple choice of TakeProfit level (TP-1 is enough) and we also have SL level

Thank you

It's unclear how to draw Fibonacci Retracement? Where is the starting point, and where is the end point?

[dompetku]

Maybe this can explain

Start at close point of engulfing candle

End at lowest low of engulfing complex

Fibo levels :

 -    -0.1     : SL

 -     0.382  : entry level 2

 -     0.618  : entry level 3

 -     1.00    : initial break

 -     1.618  : TP 1

 -     2.618  : TP 2

 -     4.236  : TP 3

Thank you

[Vladimir Karputov]

dompetku : 

What does your drawing have to do with the adviser "Bullish and Bearish Engulfing"? I drove the test for EURJPY, H1 from 2018.08.03 to 2018.08.08 - there is no transaction at all.

[dompetku]

maybe because of spreads and brokers difference Sir

i simply use this manual indicator to find engulfing candle with MA 20 as a filter

hope there are some EA to place positions based on Fibo and Engulfing candle  

[Vladimir Karputov]

dompetku :

maybe because of spreads and brokers difference Sir

i simply use this manual indicator to find engulfing candle with MA 20 as a filter

hope there are some EA to place positions based on Fibo and Engulfing candle  

Let's test on the reference server.

MetaQuotes-Demo server. Advisor settings - by default.

Specify the symbol, timeframe and date of testing (from and to).

If there are any transactions on this interval, I will continue the conversation with you and with you.

[dompetku]

Find some transactions on USDJPY on 8 until 13 Aug with my revised indicator

Some hit SL some hits TP 

[Vladimir Karputov]

dompetku :

Find some transactions on USDJPY on 8 until 13 Aug with my revised indicator

Some hit SL some hits TP 

At USDJPY, H1 from 8 to 13 August, the adviser of "Bullish and Bearish Engulfing" finds only one transaction:

I still do not understand what you mean.

[dompetku]

yes Sir

I think we can stop this conversation

thanks for everythings :)

[axna2000]

  Hello Vladimir

  In Expert Bullish and Bearish Engulfing did'nt have lot, can you add ?