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Engulfing Candle Signal Alert

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Published: 2 June 2024

Current version: 1.0

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Overview
Reviews (4)
Comments (7)

Engulfing Candle Signal Alert

Name: Engulfing Candle Signal Alert
Rating: 4.75 (4 reviews)
Author: Adam Zolei

4.75

Indicators
Adam Zolei
Version: 1.0

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!

Our latest EA has already exceeded 400% profit on a live account. You can find more details here: Golden Nights

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!

more...

144

tully.36 2024.12.31 05:50 #

good Bot for me it works better on a larger timeframe

217

Tim Marco Talarowski 2024.11.07 20:32 #

no arrows apears...

Edit: arrows appeared,i just checked M1 timeframe first which is not that often but still arrows appears.-.so i changed review

797

Ania Cxx 2024.08.03 19:35 #

I like it, thanks for sharing!

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Introducing Golden Thunder Basic: The Ideal Opportunity to Test Our Scalping Expert Advisor for Gold Trading Completely Free of Charge. Golden Thunder Basic is the perfect choice for those who want to explore the potential of gold trading with this scalping robot specifically developed for XAUUSD. This free version allows you to try out Golden Thunder’s core functions and strategy in real market conditions without any risk. It offers the same high standards as the full version, providing valuab

FREE

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

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

30 USD

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, aiming for consistent profits through position averaging. With a wide range of customizable settings, you can tailor the EA to match your unique trading strategy and adapt to various market conditions. Live results Key Features: Automatic Lot Sizi

30 USD

FREE

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

109 USD

FREE

Jade Jaguar Basic uses a sophisticated market analysis combining Moving Averages and RSI to pinpoint overbought or oversold conditions for precise trade entries. It incorporates an averaging strategy to enhance trade management and uses profit and loss control to close positions based on accumulated pips, equipped with spread and time filters for added precision. Optimized Trading Recommendations: The robot is tailored for EUR/USD and GBP/USD pairs, offering optimal performance. With fine-tuned

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

J ade Jaguar Basic uses a sophisticated market analysis combining Moving Averages and RSI to pinpoint overbought or oversold conditions for precise trade entries. It incorporates an averaging strategy to enhance trade management and uses profit and loss control to close positions based on accumulated pips, equipped with spread and time filters for added precision. Optimized Trading Recommendations: The robot is tailored for EUR/USD and GBP/USD pairs, offering optimal performance. With fine-tune

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 I

30 USD

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

79 USD

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

30 USD

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

30 USD

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

30 USD

Introducing Jade Jaguar: The Ultimate Trend Reversal Expert Advisor Elevate your trading game with Jade Jaguar, a sophisticated Expert Advisor designed to harness the power of Moving Averages and RSI indicators for optimal market timing. Jade Jaguar excels in identifying overbought and oversold market conditions, ensuring you enter trades with precision when these crucial thresholds are met. Settings of the results shown in the images: settings Key Features: Advanced Market Analysis: Utilizes

30 USD

79 USD

30 USD

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144

tully.36 2024.12.31 05:50 #

good Bot for me it works better on a larger timeframe

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Reply from developer Adam Zolei 2025.01.01 21:03 #

Thank you for your feedback! I'm glad to hear it works well for you . Wishing you continued success in your trading!

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Luis Neto 2024.11.16 03:09 #

Na minha opinião até agora bom..... muitos parabéns.

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Tim Marco Talarowski 2024.11.07 20:32 #

no arrows apears...

Edit: arrows appeared,i just checked M1 timeframe first which is not that often but still arrows appears.-.so i changed review

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Reply from developer Adam Zolei 2024.11.07 20:58 #

The arrows appear correctly on my end, and I haven’t received any other feedback regarding this issue. Under the ‘Colors’ tab in the indicator settings, you can customize the arrows’ color and size. If you have any other questions, feel free to reach out.
https://c.mql5.com/31/1223/01.jpg

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Ania Cxx 2024.08.03 19:35 #

I like it, thanks for sharing!

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Reply from developer Adam Zolei 2024.08.03 20:24 #

Thank you! I'm glad you find it useful.