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Engulfing day trading strategy

by: saranga
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. Sy...

Re: ! - GENIE My strategies

by: saranga
Interesting looking strategy Saranga. I like how you have detailed the photos and also on how you use the ADX. Thank you for sharing with us :clap: The Average Directional Index, or ADX for short, is another example of an oscillator. It fluctuates from 0 to 100, with readings below 20 indicating a ...

Re: ! - GENIE My strategies

by: saranga
rider2025 wrote: Tue Dec 19, 2017 1:03 am

Thanks a lot Saranga for sharing your strategy, but few indicators are not working in your TPL , i.e Arrow indi which is showing on the right bottom corner.

can you check & share it again



Thanks
Rider2025
it's work well my mt4 buddy...
my setting arrow indicator add manual