Result of trading with only wrapping feet lol
What would happen if you traded with a candlestick engulfing pattern?
Engulfing is a candlestick pattern where the next candle is larger than the previous one, as shown here.
It is typically regarded as a reversal signal.
Then, if you trade using an engulfing pattern, wouldn’t you be able to neatly capture the range’s upper and lower bounds?
So I tested it by turning it into an EA!
The result is...
Hmm, not very convincing!
However, since it is not a losing logic in a declining trend, it seems usable!
By the way, this is the USD/JPY 15-minute chart with data from the past 12 months!
Somehow,by devising ○○to, even with engulfing patternsa rising trend graphcould be drawn!
Furthermoreby adding ○○ and operating on the 1-hour chart, it looked like this!
Expanding further to the past two years. This feels a little reassuringindeed.
However, testing for the past year or two isn’t exactly easy.
Trying it in practice is fine, but at first you will almost certainly lose.
The market isn’t so forgiving that impulsive methods suddenly work.
If you want to know the secrets of ○○,
Study FX seriously and get support to turn it into an EA with GOLDEN LESSON