Engulfer™ is an algo designed to take action when a price bar body engulfs two or more of the RTS lines (painted on the chart). It doesn't take the trade immediately but instead on the close of the next bar. From these two bars it dynamically calculates and places a high probability target. Some trades may be found to run straight to target while others may take their time but be found to have high probability of a not-too-distant fill at target. Daytime Traders may wish to try it on a shorter time-frame basis with a tight stop in order to limit losses and gain large winners. Swing traders with more flexibility in their risk management and through good sizing control are likely to see even more probability of targets being hit thereby delivering another actionable swing trading/trend following system to their arsenal. Engulfer puts on it's performances more when big moves are happening and on active news days.
I am very pleased to provide this unsolicited testimonial on behalf of Robust Trading Systems. I find them to be unique in the vendor/strategy space in the Ninjatrader ecosystem and have experienced nothing but positive outcomes from both the use of the strategies and in interacting with the CEO of the company.
The strategies EbbnFlow and Let'sRun are solid and extremely effective; in addition, the coding is efficient thus leaving sufficient RAM space for running other indicators should the user choose to do so. In one recent stretch I experienced nine successful trades against zero losers, and while these outcomes may be outliers, it demonstrates the overall power and efficacy of the strategies. As a veteran trader of over 20 years, I can attest that in comparison with other systems, these results are extraordinary.
Perhaps even better than the systems' performance is the opportunity to interact with Ken, the systems' developer. The combination of his knowledge and his responsiveness is refreshing and more than helpful; he goes out of his way to be encouraging and to serve as a resource for his customers. Again, this is a measure of the uniqueness of the experience one enjoys with Robust Trading Systems.
I endorse the company unreservedly. Becoming a customer will be the best trading decision you'll ever make.
The Most Rev. Thomas A. Stapleford, Ed.D.
TESTIMONIAL DISCLOSURE: TESTIMONIALS APPEARING ON THIS WEBSITE MAY NOT BE REPRESENTATIVE OF THE EXPERIENCE OF OTHER CLIENTS OR CUSTOMERS AND IS NOT A GUARANTEE OF FUTURE PERFORMANCE OR SUCCESS.
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