Bearish Engulfing Backtest — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 hour
- Net P&L: +20,237.50 USD (+20.24%)
- Win Rate: 52.5%
- Profit Factor: 1.47
- Max Drawdown: 5,787.50 USD (5.75%)
- Total Trades: 101
- Sharpe Ratio: 0.258
Description
This is a bearish candlestick reversal pattern formed by two candlesticks. Following an uptrend, the first candlestick is a up candlestick which is followed by a down candlestick which has a long real body that engulfs or contains the real body of the prior bar. The Engulfing pattern is the reverse of the Harami pattern. WARNING: - For purpose educate only - This script to change bars colors.