Hammer and Engulfing patterns trend trading

Hammer and Engulfing patterns trend trading is a strategy trend-momentum with candlestick pattern filtered. This forex system uses candlestick patterns as Hammer and Engulfing to make trading decisions. The filters applied at this system are:
two EMA lines and RSI oscillator.
Time Frame 60 min or higher.
Forex Indicators
RSI oscillator, 14 period,close.
EMA 21, period, close.
EMA 8 period, close.
Currency pairs:any.
Long entry:
Check if there is , a candlestick pattern :“ Hammer” or “Bearish Engulfing”.
Hammer pattern is a candle of any color - consists of a small body near the high with a little or no upper shadow and a long lower tail – more than 50% of the candle’s length.
Bullish Engulfing pattern consist of two candles. First candle is red and the following one is green with its body fully covering body of the first candle.
RSI oscillator below 50.
5 EMA line crosses upward slow 13 EMA . If there was no reverse pattern (“Reverted Hammer” or “Bearish Engulfing”) by the time when EMA lines crossed, then a long position is opened with a stop loss at 50 points and a trailing stop is set at 50 pips when the position becomes profitable; else the strategy is reset. A long position is closed by a stop loss or trailing stop or when a SELL signal is generated.
Short entry
Check if there is , a candlestick pattern: “Inverted Hammer” or “Bearish Engulfing”.
Inverted Hammer pattern is a candle of any color that looks like a upsidedown hammer - consists of a small body near the low with a little or no lower shadow and a long higher tail – more than 50% of the candle’s length.
Bearish Engulfing pattern consist of two candles. First candle is green and the following one is red with its body fully covering body of the first candle.
RSI oscillator above 50 level.
5 EMA line crosses downward slow 13 EMA.  If there was no reverse pattern (“Hammer” or “Bullish Engulfing”) by the time when EMA lines crossed, then a short position is opened with a stop loss at 50 points and a trailing stop is set at 50 pips when the position becomes profitable; else the strategy is reset. A short position is closed by a stop loss or trailing stop or when a SELL signal is generated.
Below the link for download The pattern recognition master indicator MT4
Below the link for download CPI candlestick indicator MT4
Below the link for download Hammer Mt4 indicator

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