Harmonic pattern helper Engulfing bar
This EA trades an engulfing pattern in a manually input price range designed to help trade harmonic patterns
like gartey,bat,butterfly ect.
Cannot be backtested because only ONE trade is opened every time EA is attached to chart.
- This EA takes long trades only for bullish patterns.
- Trades on an engulfing pattern that close price is between the manual input price range
- manually input upper and lower price in which the engulfing bar can form
- identify a bullish harmonic pattern using another indicator
- then this ea will buy when a bullish engulfing candle occurs in your input price range.
- meaning the last bar was red and current bar green and larger.
- will trade engulfing candle on any time frame chart is set to.
- ONLY TRADES ONCE when the ea is attached to chart .
- Will only open one trade so if multiple engulfing patterns occur only one position is opened.
- to set it again after a trade delete from chart and re attach.
- or if you would like to look for engulfing candle on different time frames attach to multiple charts.