Bullish Reversal – Server Side EA
$0.00
Bullish Reversal is a Server Side VTL Expert Adviser. Bullish Reversal EA identifies important bullish candlestick patterns as: Abandoned Baby, Morning Doji Star, Three Inside Up, Three Outside Up and Three White Soldiers.
(Downloads - 1515)
Bullish Reversal is a Server Side VTL Expert Adviser. Bullish Reversal EA identifies important bullish candlestick patterns as: Abandoned Baby, Morning Doji Star, Three Inside Up, Three Outside Up and Three White Soldiers. These patterns are considered to be strong bullish reversal patterns by candlestick chart analysts. The EA trades these patterns when they are formed on the chart.
The buy rules applied in the EA are:
1. A strong bullish candlestick reversal pattern should be completed.
2. The pattern must form below the 50 period simple moving average. This makes sure that the bullish reversal happens in a down trend.
3. After the pattern completion, buy when next candle opens.
The EA applies stoploss (SL) and target (Takeprofit) to the position it openes. User can place Stoploss (SL) and target (TakeProfit) in the VTL parameters. The stop loss and target feature can turned on or off by the user from the parameters.
Usage
- Download the attachment.
- Copy it to your company VertexFX Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL file
- Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.
Additional information
| Plugin-Type | Client VTL – Expert Advisor |
|---|---|
| Compatibility |