Engulfing – EA MetaTrader 4

“Engulfing” EA Trades when there is an ENGULFING patternΒ  has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.

Try it on demo first.

This EA trades only with the price of open candle!

If you do not want to trade with increasing lot size when you loseΒ  a trade set:”IncreaseFactor=0″

Inputs

  • Β Use_TP_In_Money–Β Use Take Profit In MoneyΒ (values:true/false).
  • Β TP_In_Money–Β Take Profit In MoneyΒ Β Β (values: 10-100).
  • Use_TP_In_percent-Β Use Take Profit InΒ PercentΒ (values:true/false).
  • TP_In_Percent–Β Take Profit InΒ PercentΒ (values: 10-100).
  • Enable_Trailing-Enable_Trailing with moneyΒ Β (values:true/false).
  • Take Profit In Money (in current currency)Β (values: 1-100).
  • Stop Loss In Money(in current currency)Β (values: 1-100).
  • Exit=Enable Exit strategy (values:true/false).
  • LotsΒ – Lots size (values: 0.01-1).
  • Lots size ExponentΒ Β (values: 1.01-2).
  • IncreaseFactorΒ -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
  • Stop_LossΒ – Stop Loss (values: 30-500).
  • MagicNumberΒ – Magic number (values: 1-100000).
  • TakeProfitΒ – Take Profit (values: 50-200).
  • UseEquityStopΒ –Β  (values: true).
  • TotalEquityRisk- (values: 0.01-5).
  • Max_Trades(1-5).Β 
  • IF YOU USE ONLY 1 TRADE:
  • //////////////////////////////////////////////////
  • TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, “0” will not activate trailing stop loss.
  • Enable “Break Even”Β -(values:true/false).
  • When move “Break Even”-Β (values: 5-30).
  • How much pips move- “Break Even”Β (values:5-30).
  • ///////////////////////////////////////////////////////
  3 EMA Crossover - indicator MetaTrader 4

        You need to optimize this EA onceΒ  a week and use the exact sameΒ  inputs from above .

        You can use it asΒ  hedging grid EA or a single trade EA.


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