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Fibo Engulfing MA Plus Changer TS Indie

Fibo Engulfing Changer Trading System

Fibo Engulfing Changer Trading System is a great indicator created to locate an engulfing candle on the Chart with the aid of an Arrow and Popup alerts system. For accurate working of an engulfing candle based on market structure, it must be used with an Moving Average but we discovered that Moving average is subjected to individual trader's preferences, therefore it has been coded in a way that the Trader can choose MA he/she desires with a preferred PERIOD, SHIFT, METHOD and PRICE, this will enable the trader to test it with their own custom MA to get the best result.

Whenever the price crosses above the MA and Engulfing candle forms for buy signal, it will locate it with arrow and popup alert (if set by the trader) and does the same for sell signal as the price crosses MA downward. After that, the Fibo system has been coded in it to measure out the double size of the Engulfing candle, plot out and display the ENTRY, SL, BREAKEVEN and TP points on the CHART for the Trader. All the Trader needs to do is just to open a trade according to all the parameters given by this system.

In order to do this, immediately the system gives an Engulfing candle signal with arrow, the Trader must wait until the engulfing candle closes and then open the Parameter Setting for further plotting on the window chart.

This indicator also has been coded with Symbol/Time-frames Changer to add value and ease to the Traders using it.

SETTINGS:

Enable Parameter Display: true/false (The default is "false" but when you want to plot it, you MUST change this to "true" otherwise it will not show up.

Candle's No: This is to pick the position of Engulfing candle on the chart, mostly, it used to be the current candle (0) if it has not yet closed but if it has closed and forming new one, then it can become previous (1) or even next previous (3) if the price has not gone beyond the Engulfing candle - Please check out the screenshots for the graphical examples. To pick the right position of the Engulfing candle, the current candle is the one that still forming as the price is moving up/down and the number is 0, while the previously closed one is 1 and the next previous is 2 and so on. Put the number of the Engulfing candle here.

PERIOD MA: Default is 0, but you can put anyone as you preferred (for those who have no idea of what period they can use, you can put either 20, 30, 50 or any period of your desire, they are all working but the original period I use are 20, 30 or 50).

SHIFT MA: You can leave this one as zero if your MA system doesn't require for it.

MA METHOD: You can click on this to select an opition from the menu - Simple, Exponential, Smoothed and Linear weighted. For me, I use Exponential as default but feel free to change it.

MA PRICE: You can use any price you like but I use CLOSE price as my default. Feel free to change it.

Enable Alerts: True/false (Select as you desire - Popup alerts).

TIME FRAME & SYMBOL CHANGER
***This has been coded to this indicator to make it easier navigating through different symbols and time-frames:

- Buttons in an horizontal row: 4 (you can leave as default if it looks great on your chart)

- Left and Right Shift: 10 (you can leave as default if it looks great on your chart)

- Up and Down Shift: 100 (you can leave as default if it looks great on your chart)

By the time you are through with all these settings, and click OK, the indicator will plot all the parameters you need and just follow them to open a trade as plotted by the indicator. When you are done opening your trade, then go back to the parameter setting again and click on RESET, everything will go back to normal and this will remove all the lines plotted on your chart and everything will look like it was as before but re-insert your MA Period.

Note that this is not a perfect system (Holy grail) but it can give you financial freedom you so much desire with your determination, patience and diligence.

If you have any issues, questions or inquiry about this product or other products, kindly contact me through our Telegram Products Support group link: https://t.me/OpgtsProdSupports

Thanks for your interest in this product.

Cheers

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Enigmera
Ivan Stefanov
5 (3)
ENIGMERA: Der Kern des Marktes https://www.enigmera.com Einführung Dieser Indikator und dieses Handelssystem sind ein bemerkenswerter Ansatz für die Finanzmärkte. ENIGMERA nutzt die fraktalen Zyklen zur genauen Berechnung von Unterstützungs- und Widerstandsniveaus. Er zeigt die echte Akkumulationsphase an und gibt Richtung und Ziele vor.  Ein System, das funktioniert, egal ob wir uns in einem Trend oder in einer Korrektur befinden.  Wie funktioniert es? ENIGMERA besteht aus drei Linien: der
BITTE LESEN SIE DIE INFORMATIONEN UNTEN, BEVOR SIE DAS PRODUKT KAUFEN! Apollo Pips PLUS SP ist ein einzigartiges Produkt! ES IST FÜR ALLE, DIE MEINEN NEUEN „APOLLO PIPS“-INDIKATOR PLUS „SUPER PACK“-BONUS MIT ZUGRIFF AUF ALLE MEINE HANDELSINDIKATOREN ERHALTEN MÖCHTEN! Mit dem Kauf des Produkts Apollo Pips PLUS SP erwerben Sie tatsächlich eine völlig neue Version meines Apollo Pips-Indikators. Diese Version des Indikators verfügt über einen verbesserten Algorithmus und einen benutzerfreundlichen P
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4.44 (16)
TakePropips Donchian Trend Pro   (MT4) ist ein leistungsstarkes und effektives Tool, das mithilfe des Donchian-Kanals automatisch die Richtung des Trends erkennt und Ihnen Handelssignale für den Ein- und Ausstieg liefert! Dieser Multifunktionsindikator umfasst einen Trendscanner, Handelssignale, ein statistisches Panel, einen Screener, Handelssitzungen und ein Dashboard für den Verlauf von Warnungen. Es wurde entwickelt, um Ihnen Handelssignale zu liefern und Ihnen Stunden beim Analysieren der C
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Marzena Maria Szmit
4 (4)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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Stefano Frisetti
5 (3)
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
ACB Breakout Arrows
KEENBASE SOFTWARE SOLUTIONS
4.15 (34)
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
Shepherd Harmonic Pattern
Abdullah Alrai
4.65 (49)
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Version 1.1 2022.08.22
New updates in version 1.1:

1. It now shows the amount of exact pips for the engulfing candle selected by the system for trading and the amount determines the Profit target and the Risk for the trade in R.R.R 1:1.

2. It also show the right color for each trade if it is BUY (Green) or SELL (Red).

More updates coming as we discover more ways to make this indicator improve in interface, rewards and easier to use.

Thanks and cheers.