This is a bullish reversal pattern formed by two candlesticks. Following a downtrend,
the first candlestick is a down candlestick which is followed by an up candlestick
which has a long real body that engulfs or contains the real body of the prior bar.
The Engulfing pattern is the reverse of the Harami pattern.
- For purpose educate...
I've been trying to put a stop loss in the High or Low of the last second bar after I open a position but in this example the only way to close it, is with the opposite action. Does anyone know how to put a stop loss and order with just stop loss and close when there is a bullish or bearish engulfing bar?
Questo indicatore (o price action pattern) stampa sul grafico delle frecce o barre colorate (modificabili dalle impostazioni) quando si verificano entrambi i segnali del Bearish e Bullish Engulfing ufficiali, ovvero quando il corpo della candela è più ampio dell'intera candela precedente.
Il segnale LONG si effettua quando il massimo della Bullish bar viene rotto...
The script only give you 100% positive return for 4h or 1D time frame!
Fees included!! 0.5%
Some pairs with insane profit:
100% profit- 2017-01-30 - 2019-02-03
ETHUSD - (4h) 1419.62%, (1D) 9811.84%
BTCUSD - (4h) 44.35%, (1D) 191.55%
XRPUSD - (4h) 19.44% (1D) 152.11%
LTCUSD - (4h) 29.79% (1D) 162.12%
Try on your chart and check the results!
This is a bullish reversal pattern formed by two candlesticks in which a small
real body is contained within the prior session's unusually large real body.
Usually the second real body is the opposite color of the first real body.
The Harami pattern is the reverse of the Engulfing pattern.
- For purpose educate only
- This script to...
It is for MACD addicts! “MACD attoT3 Trend” is a redefinition of the classical MACD indicator to offer accuracy and precision at the same time. As a well-known trend momentum indicator, MACD already provides quite accurate signals due to its mechanistic calculation (pretty conservative/preventive one, such as RSI) and widespread usage. On the other hand, its...
We already know that in the variable income market, there are the dominant forces of the bulls and bears, but we also know the traps of these operators, in this way, we divulge the strategy of the trap to catch the bulls and bears.
Leave your comment requesting the release of the strategy, temporarily and if you want a permanent license, contact us.
This is modified version of Dale Legan's "Confluence" indicator written by Gary Fritz.
Here is Gary`s commentary:
Since the Confluence indicator returned several "states" (bull, bear, grey, and zero),
he modified the return value a bit:
-9 to -1 = Bearish
-0.9 to 0.9 = "grey" (and zero)
This new indicator analyzes the balance between bullish and
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
This modified strategy backtest from HPotter