Method 1 (short)
1. System is based on D1 Candles
2. Identify bearish engulfing reversal candle. (Entry is during next D1 period)
3.Wait for next D1 candle to retrace above the low or close of the previous candle. .
4. Place short stop order at Low or Close of previous candle.

Method 2 (short)
1. System is based on D1 Candles.
2. Identify engulfing reversal candle. (Entry is during next D1 period)
3. Place a short limit order at Low or Close of previous candle.

Method 3 (short)
1. System is based on D1 Candles.
2. Identify engulfing reversal candle. (Entry is during next D1 period)
3. Enter at the time that you feel is right in the direction of the engulfing candle

Hello,

I really like your strategy, would you please share your template if you do not mind?

Thank you in advance.

Kind Regards,

Thank you. Very much like what I am doing. I have found that it helps to identify rejection on lower time frame.

1. For example, you have an Engulfing on daily, you go on 15 minutes and wait for an ABC formation. Enter only after C wave is formed (or a 15 minutes fractal) with a limit order at B.
2. On 15 minutes, look for rejection off daily PP and enter after s solid close under it. Stop loss above PP.

We are still waiting your indicators and template