• Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
    Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)

Suggestion CS Engulfing EA (currency strength +PA +SR)

Dear Valuable Traders ,
This EA make buy and sell orders based on :
1-currency strength
2-engulfing Bar printed on the zone ( Support And Resistance)
3-ATR

actually the profit made on M1 time frame and its reliable as M1 is the suitable for currency strength changes and may be also on more time frame

i made it before as a plane EA without Currency strength indicator and got a profit but not accurate

the problem that if i used it on many pairs the MT4 give error Out of memory As it works when any engulfing bar printed on the zone it requests values from Currency strength indicator so these requests when made for many pairs it give that error .

Indicator support and resistance is dynamic and change the support and resistance levels according calculations which make it very slow in low time frame and overcomed by making max bar in chart below 500 like 200

for Eurusd its very good results as attached

M1 Time frame

Try It And hope the input of all

thanks



Update
attached new version with CS indicator included in the code no need for the indicator any more only use support and resistance one

default settings for EURUSD M1

only used with no prefix or suffix brokers

EA expired
 
if there is interest in that EA , i can update

Bro..i interested with this EA..beside this EA..did you had quote EA for rebate hunter..martingle and hedge?

The logic of the rules for buy

1) LWMA 9 cross with LWMA 15 with shift 1
2) Price above EMA 50

For the rules of sell is vice versa
 
Bro..i interested with this EA..beside this EA..did you had quote EA for rebate hunter..martingle and hedge?

The logic of the rules for buy

1) LWMA 9 cross with LWMA 15 with shift 1
2) Price above EMA 50

For the rules of sell is vice versa
do you mean to change the entry logic with what you mentioned above?
 
Hello traders,
I just came across this post and I would like to test this CS Engulfing EA version.
The EA attached is expired.
Please send me updated EA to test.
Thank you for your prompt reply.


Dear Valuable Traders ,
This EA make buy and sell orders based on :
1-currency strength
2-engulfing Bar printed on the zone ( Support And Resistance)
3-ATR

actually the profit made on M1 time frame and its reliable as M1 is the suitable for currency strength changes and may be also on more time frame

i made it before as a plane EA without Currency strength indicator and got a profit but not accurate

the problem that if i used it on many pairs the MT4 give error Out of memory As it works when any engulfing bar printed on the zone it requests values from Currency strength indicator so these requests when made for many pairs it give that error .

Indicator support and resistance is dynamic and change the support and resistance levels according calculations which make it very slow in low time frame and overcomed by making max bar in chart below 500 like 200

for Eurusd its very good results as attached

M1 Time frame

Try It And hope the input of all

thanks



Update
attached new version with CS indicator included in the code no need for the indicator any more only use support and resistance one

default settings for EURUSD M1

only used with no prefix or suffix brokers
 
Engulfing pattern included on candlestick pattern that shows reversal signal
but I am rarely use this strategy, at least understand the concept inside ea
 
Back
Top