TradingView
thequantscience
Jun 30, 2023 4:28 PM

Buy&Sell Bullish Engulfing - The Quant Scienceย 

Ethereum / TetherUSBinance

Description

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GENERAL OVERVIEW
Buy&Sell Bullish Engulfing - The Quant Science[/I] It is a Buy&Sell strategy based on the 'Bullish Engulfing' candlestick pattern. The main goal of the strategy is to achieve a consistent and sustainable return over time, with a manageable level of risk.

Bullish Engulfing
The template was developed at the top of the Indicator provided by TradingView called 'Engulfing - Bullish'.



ENTRY AND EXIT CRITERIA
Entry:[/I] A single long order is opened when the candlestick pattern is formed, and the percentage size of the order (%) is fixed by the trader through the user interface.



Exit: The long trade is closed on a percentage equity take profit-stop loss.



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PANORAMICA GENERALE
Buy&Sell Bullish Engulfing - The Quant Science รจ una strategia Buy&Sell basata sul candlestick pattern 'Bullish Engulfing'. L'obiettivo principale della strategia รจ ottenere un ritorno costante e sostenibile nel tempo, con un livello gestibile di rischio.

Bullish Engulfing
Il template รจ stato sviluppato al top dell' Indicatore fornito da Trading View chiamato 'Engulfing - Bullish'.



CRITERI DI ENTRATA E USCITA
Entrata: viene aperto un singolo ordine long quando si forma il candlestick pattern, la size percentuale dell'ordine (%) viene selezionato tramite l'interfaccia utente dal trader.



Uscita: la chiusura della posizione avviene unicamente tramite un take profit-stop loss percentuale calcolato sul capitale.

Release Notes

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Optimization of the source code syntax.
Comments
reteid2222
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Even on ETHUSD on H1 only one trade.... what s the problem?
ks1267
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Mine is showing only 1 position for the period of 2 past year in every time frame. What did I do wrong?
thequantscience
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@ks1267, hello. Nothing wrong, it means that the pattern has formed only a single time in the selected timeframe and backtesting period.
ks1267
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@thequantscience, Hi, Thank you so much for your reply. So if I set all parameters to be exactly the same as the one above, I should get the same result your graph above, right?
fondDove4115
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not good
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