OPEN-SOURCE SCRIPT

Buy&Sell Bullish Engulfing - The Quant Science

Updated
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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'.

https://www.tradingview.com/x/cjRw2X62/

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.

https://www.tradingview.com/x/GIv7bbrg/

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

https://www.tradingview.com/x/VhNkbjne/

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

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

https://www.tradingview.com/x/cjRw2X62/

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.

https://www.tradingview.com/x/GIv7bbrg/

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

https://www.tradingview.com/x/VhNkbjne/
Release Notes
Optimization of the source code syntax.
backtestingBullish EngulfingbuysellCandlestick analysiscandlestickpatterncryptomarketlongstrategystatisticsstockmarketsstrategytemplate

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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