John wrote:Easy... let's try to keep it cordial. I don't think what Nufty has offered in his post warrants this type of response. I think, in fact, his point was that he feels the underlying strategy of this bot is feasible based on his own trading experience. Was he asking for Steve to re-write the bot in order to implement a bounce off the MA, etc.?? I don't believe so...
John
musky wrote:Nufty wrote:Looking to test this one
Thanks Steve for the code!
I actually manually trade this pattern as a bounce off a trend line, support or resistance. I find it a very reliable set up.
I like the bounce off a 100 EMA using the 200 (I note you like the 240) as a direction indicator on 5 min charts as a scalp.
Also - love this around Pivot Points.
Trading this way gives me some great results
Thanks again
Nufty
Edited to keep the peace by Jemook.
Thanks John
I came here to delete my response - as it was uncalled for.
Jemook sorted me out in the interim
I would like to explain my post though, for those that assumed something from it.
I do use long term moving averages as Support and Resistance levels - as I do Daily Pivots - thats about all I use them for.
Here are two trades I took this morning using the engulfing pattern (pretty much what this EA trades) as short term 'scalps" on a 5 min chart.
BTW - I am happy to explain any post I make - I may be new to this forum - however not new to trading.
Nufty
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