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Engulfing Signal Alert

3

Engulfing Candle Signal Alert: Elevate Your Trading Strategy

 

Unlock the full potential of your trading with the Engulfing Candle Signal Alert, the ultimate tool for identifying market reversals and enhancing your trading precision. Designed specifically for traders who value accuracy and timely alerts, this powerful indicator detects engulfing candle patterns, a key signal in technical analysis that often indicates a potential shift in market direction.

 

What is an Engulfing Candle?

 

An engulfing candle pattern occurs when a larger candle completely engulfs the body of the previous candle, signaling a strong potential for a market reversal. A bullish engulfing pattern appears at the end of a downtrend, indicating a possible upward reversal, while a bearish engulfing pattern forms at the peak of an uptrend, suggesting a potential downward reversal.

 

Why Choose the Engulfing Candle Signal Alert?

 

Precision Alerts: Never miss a trading opportunity with precise alerts based on engulfing candle patterns. This indicator scans the market in real-time and provides timely notifications to help you make informed trading decisions.

Customizable Settings: Tailor the indicator to fit your trading strategy. Adjust the number of pips for the engulfing candle size to fine-tune the sensitivity of your alerts.

Multiple Notification Options: Stay updated with versatile alert options. Set up pop-up notifications on your trading platform, receive email alerts, or get instant notifications on your phone, ensuring you are always in the loop no matter where you are.

Seamless Integration: Combine the Engulfing Candle Signal Alert with other powerful indicators like the RSI Alert, MACD Signal or Moving Average Crossover Signal for a comprehensive trading strategy. Enhance your analysis and increase your trading accuracy by leveraging multiple indicators in tandem.

Benefits of the Engulfing Candle Signal Alert:

 

Versatile Application: Suitable for all market conditions and trading styles, whether you are a day trader, swing trader, or long-term investor.

 Try it today and see the difference it can make in your trading performance!

Check out my other products as well: https://www.mql5.com/en/users/8587359/seller

Don't forget to leave your review to assist further developments. If you have any questions, feel free to send us a private message.


Wishing you successful trading!


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Introducing Golden Thunder: The Ultimate Scalping Expert Advisor for Gold Trading Unlock the potential of gold trading with Golden Thunder, a state-of-the-art Expert Advisor designed for scalping strategies. This powerful tool focuses on intraday breakout points to maximize your profits efficiently and effectively. Key Features: Intraday Scalping Strategy: Optimized for M30 timeframe, Golden Thunder expertly identifies and capitalizes on intraday breakout points. Advanced Filters: Includes tim
Engulfing Candle Signal Alert: Elevate Your Trading Strategy   Unlock the full potential of your trading with the Engulfing Candle Signal Alert, the ultimate tool for identifying market reversals and enhancing your trading precision. Designed specifically for traders who value accuracy and timely alerts, this powerful indicator detects engulfing candle patterns, a key signal in technical analysis that often indicates a potential shift in market direction.   What is an Engulfing Candle?   An engu
FREE
Introducing the RSI GridMaster Expert Advisor, the culmination of extensive development and rigorous testing. This powerful trading tool leverages the RSI indicator to execute sell orders in overbought conditions and buy orders in oversold conditions. Consistent profits are achieved through position averaging. Key Features: Automatic Lot Sizing : Adjusts lot sizes automatically based on your settings. Order Restrictions : Ability to disable buy or sell orders to fit your trading strategy. Tradin
Welcome! This is the RSI GridMaster Mini, the freely available compact version of the popular RSI GridMaster. This robot operates based on the RSI indicator with a grid strategy, allowing for continuous trading in response to market movements. The Mini version comes with a fixed lot size of 0.01 and trades exclusively on the hourly time frame. In this version, the number of settings has been minimized to simplify and streamline the trading process. You can find the full version by clicking here
FREE
Why the RSI Alert Indicator is Essential for Your Trading Toolkit In the fast-paced world of trading, timely and accurate information is crucial. The RSI Alert Indicator is a powerful tool designed to help you stay ahead of the market by providing real-time alerts when the Relative Strength Index (RSI) reaches critical levels. Whether you're a novice trader or a seasoned professional, this indicator can significantly enhance your trading strategy by pinpointing potential market reversals with
Enhance Your Trading with the Support and Resistance Alert! Ready to take your trading to the next level? Introducing the Support and Resistance Alert—the ultimate tool to precisely identify market turning points! Key Features: Dynamic Support and Resistance Lines: The indicator automatically draws support and resistance levels based on local lows and highs, giving you clear guidance on where the market is likely to reverse. Real-Time Alerts: Stay ahead of the market with customizable alerts. G
FREE
This is a simple indicator that provides an alert on trendline breaks. It can be useful if you are accustomed to using trendlines in your trading.Adjustable parameters include: Candle identifier: at which candle to signal after a breakout And three types of alerts: Send Email Audible Alerts Push Notifications Watch this video to learn how to set up notification alerts on your phone:  Settings Install guide: https://www.mql5.com/en/blogs/post/739828 https://www.mql5.com/en/blogs/post/751762
Enhance Your Trading with the Support and Resistance Alert! Ready to take your trading to the next level? Introducing the Support and Resistance Alert—the ultimate tool to precisely identify market turning points! Key Features: Dynamic Support and Resistance Lines: The indicator automatically draws support and resistance levels based on local lows and highs, giving you clear guidance on where the market is likely to reverse. Real-Time Alerts: Stay ahead of the market with customizable alerts. Ge
FREE
Introducing Golden Thunder: The Ultimate Scalping Expert Advisor for Gold Trading Unlock the potential of gold trading with Golden Thunder, a state-of-the-art Expert Advisor designed for scalping strategies. This powerful tool focuses on intraday breakout points to maximize your profits efficiently and effectively. Key Features: Intraday Scalping Strategy:   Optimized for M30 timeframe, Golden Thunder expertly identifies and capitalizes on intraday breakout points. Advanced Filters:   Include
Introducing our simple yet powerful trendline trading expert, designed to open positions upon trendline breaks or touches based on predefined parameters. All you need to do is rename it to buy, sell, buy limit, or sell limit. As the name suggests, this is the basic version with minimal features. However, if you're looking for a truly professional trendline trading expert equipped with various trading management tools, automatic position sizing, trailing stops, breakeven points, partial closures,
FREE
Introducing our simple yet powerful trendline trading expert, designed to open positions upon trendline breaks or touches based on predefined parameters. All you need to do is rename it to buy, sell, buy limit, or sell limit. As the name suggests, this is the basic version with minimal features. However, if you're looking for a truly professional trendline trading expert equipped with various trading management tools, automatic position sizing, trailing stops, breakeven points, partial closures,
FREE
Welcome! We are delighted to introduce our latest expert, which is a semi-automatic trading system that includes all the features you need for position management. Simply draw a line on a significant trend or supply-demand level, and the expert will take care of the rest for you. It comes with a wide range of risk management and position management tools, such as trailing stop, partial closure, break even, determination of stop loss and take profit levels using ATR, as well as automatic lot sizi
The Position Control is an intuitive yet powerful trading tool that facilitates risk management from entry to exit.  It includes automatic lot sizing, fixed stop loss and take profit features, or determines them using the ATR indicator. After opening a position, you can set automatic break-even points, trailing stops, and choose from three types of partial closures. Moreover, if you open a 0.01 lot position from your phone, the expert will automatically close it and open a risk-managed position
Welcome, we introduce the Manual Grid Assistant, which can be an excellent complement to your manual grid trading! The Manual Grid Assistant is an efficient and sophisticated trading tool that perfectly complements manual grid trading strategies. This tool allows you to manage manually opened positions on your behalf while ensuring maximum profit and controlling risk. One of its main advantages is that it automatically closes all open positions when a predefined total pip reach or a specified p
This is a simple indicator that provides an alert on trendline breaks. It can be useful if you are accustomed to using trendlines in your trading.Adjustable parameters include: Candle identifier: at which candle to signal after a breakout And three types of alerts: Send Email Audible Alerts Push Notifications For testing purposes, we recommend using MetaTrader 4 instead of MetaTrader 5's strategy tester, as it does not support drawing trendlines. MT4 versionIn:  https://www.mql5.com/en/market/p
Welcome! We are delighted to introduce our latest expert, which is a semi-automatic trading system that includes all the features you need for position management. Simply draw a line on a significant trend or supply-demand level, and the expert will take care of the rest for you. It comes with a wide range of risk management and position management tools, such as trailing stop, partial closure, break even, determination of stop loss and take profit levels using ATR, as well as automatic lot sizi
The Position Control is an intuitive yet powerful trading tool that facilitates risk management from entry to exit.  It includes automatic lot sizing, fixed stop loss and take profit features, or determines them using the ATR indicator. After opening a position, you can set automatic break-even points, trailing stops, and choose from three types of partial closures. Moreover, if you open a 0.01 lot position from your phone, the expert will automatically close it and open a risk-managed position
Welcome, we introduce the Manual Grid Assistant, which can be an excellent complement to your manual grid trading! The Manual Grid Assistant is an efficient and sophisticated trading tool that perfectly complements manual grid trading strategies. This tool allows you to manage manually opened positions on your behalf while ensuring maximum profit and controlling risk. One of its main advantages is that it automatically closes all open positions when a predefined total pip reach or a specified p
Why the RSI Alert Indicator is Essential for Your Trading Toolkit In the fast-paced world of trading, timely and accurate information is crucial. The RSI Alert Indicator is a powerful tool designed to help you stay ahead of the market by providing real-time alerts when the Relative Strength Index (RSI) reaches critical levels. Whether you're a novice trader or a seasoned professional, this indicator can significantly enhance your trading strategy by pinpointing potential market reversals with
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212748514
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212748514 2024.08.17 14:58 
 

Not great. It makes your chart quite noisy and annotates candles that are not engulfing patterns. There should be a selection to only show the last x number of signals to reduce clutter

Adam Zolei
16596
Reply from developer Adam Zolei 2024.08.17 16:37
Thank you for your feedback, and I’m sorry that the indicator didn’t fully meet your expectations. I truly appreciate your suggestion regarding improving chart clarity and addressing the issue with incorrect signals. Based on your comment, I will consider refining the indicator to ensure it only marks the truly relevant engulfing patterns and also provide an option for users to limit the number of signals displayed, thus reducing chart clutter. Once I’ve implemented these changes, I will let you know so you can try out the updated version. Thank you again for your review and constructive criticism!
Gundolfer
285
Gundolfer 2024.06.08 11:57 
 

User didn't leave any comment to the rating

Adam Zolei
16596
Reply from developer Adam Zolei 2024.06.08 16:05
Hallo Gundolfer,
Vielen Dank für Ihr Feedback! Ich freue mich, dass Ihnen der Indikator gefällt. Wenn Sie Fragen haben oder weitere Unterstützung benötigen, zögern Sie bitte nicht, sich an mich zu wenden.
Viel Erfolg beim Handeln!
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