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Engulfing system
Started Dec 14, 2011|Recycle Bin|164 replies
The most simple system. Without indicators. Works on any time-frame, but the higher the ...
Add 1 parameter: PO is placed only if previous bar has a minimum size of M pips (parameter) High(1) - Low(1) > M pips
Joan, please fix the code so that in Buy orders, price has to be: high(1)+ 0.1 pip + spread instead of high(1) + 1 pip
can you make the EA open parallel trades? I see that this version does not let to open a trade if one is already opened.
You place the PO only after price broke either high or low of previous bar.
AU: In this example I marked in red the place of the PO.
The most simple system. Without indicators. Works on any time-frame, but the higher the ...
I did not ask how to convert. I asked how they do the backtest with EA, not a forward test.
Can someone please explain how do you backtest the EA on a 10 minutes chart? There is no 10 minutes period in the backtest, so how can we test it?
If this the answer, then Peter has to change the rules. Everyone gets different spread (much bigger than yours). This is why spread has to be calculated as added value to High/Low and not to be included in this 4/3 pips. Imagine eur-jpy or aud-usd - ...
Bad answer. Spread is not 1 pip. If the difference is because of the spread, Short trades should be less than 3 pips below signal bar low.
Thanks. Back to Peter, why is there difference between Long and Short (4 and 3 pips)?
Let me understand you. High of a signal bar is 1.12345 Where is your PO? 1.12349 (which is +0.4 pips) or 1.12385 (which is +4 pips)?