Dark Engulfing

$0+
0 ratings

A bullish engulfing pattern can be a powerful signal, especially when combined with the current trend; however, they are not bullet-proof.
- Investopedia (https://www.investopedia.com/terms/b/bullishengulfingpattern.asp)

So whats the difference in Dark Engulfing vs Engulfing Candles?

  • We use ATR to ignore the candles that dont contribute much
  • Candles are only marked if it shows Manipulative Behaviour
  • Applicable to a wide variety of trading strategies
    • I will be releasing Dark Liquidity in a few weeks which uses Dark Engulfing as the basis for the system. But Dark Engulfing is not meant to be a batteries included system in itself.
    • It needs to be integrated into your strategy or you need to come up with one yourself


Consider Dark Engulfing to be a free version of my upcoming Dark Liquidity Indicator. (currently I am running some personal tests)

Dark Liquidity will be a paid product. This is how Dark Liquidity will look like:

Dark Liquidity will automatically calculate Lot size and even show you the money you will earn or lose at set points.
Dark Liquidity uses 1:3 RR which means your win rate can be as low as 25%
Example shows 2 winning trades + 1 Breakeven trade for Dark Liquidity.

  • Risking 1% per trade that is a 6% gain from 3 trades.
  • Risking 5% per trade thats a 30% gain from 3 trades
  • You can define whatever risk percent your comfortable with from the options in order to get the right Lot Sizes

Stay Tuned!

$
Buy this

You will get Dark Engulfing for MT4

Free
Any Strategy
Metatrader 5
Coming Soon . .
Size
13.2 KB
$0+

Dark Engulfing

0 ratings
Buy this