Engulfing pattern Strategy

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Engulfing pattern Strategy

Postby Apprentice » Tue Nov 15, 2022 6:44 am

CHN50 m1 (11-15-2022 1243).png

Based on the request.
https://fxcodebase.com/code/viewtopic.php?f=27&t=72768

Open Long
Lower Time Frame
1. MA cross-over 2. MA
Higher Time Frame
Engulfing Up Pattern

Vice versa for Short
Engulfing pattern Strategy.lua
(34.79 KiB) Downloaded 15 times


Bullish Engulfing Pattern (Theoretical)
Close[1]< Open[1]
Close[0]> Open[0]
Open[0]<Close[-1]
Close[0]>Open[-1]

Bullish Engulfing Pattern (Used)
Close[1]< Open[1]
Close[0]> Open[0]
Open[0]<=Close[-1]
Close[0]>=Open[-1]
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Apprentice
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