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Engulfing Candle Indicator

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Publicado: 10 junio 2023

Versión actual: 2.10

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Engulfing Candle Indicator

Name: Engulfing Candle Indicator
Rating: 3.2 (5 reviews)
Author: Chioma Obunadike

3.2

Indicadores
Chioma Obunadike
Versión: 2.10
Actualizado: 6 diciembre 2023

This Engulfing Candle Indicator as the name implies can detect engulfing candlestick patterns on the chart. The indicator alerts the user of the presence of an engulfing candle (Bearish engulfing candle and Bullish engulfing candle) by using visual representation of arrows on the chart.

- Blue arrow for Bullish engulfing

- Red arrow for Bearish engulfing

Extra modifications can be added based on request.

más detalles...

smoki 2023.11.03 10:36 #

Nice!

QRESPO 2024.08.13 14:26 #

Great One from my Compatriot.

hasan sajjad 2024.12.14 14:48 #

it shows the arrow a bit late other than its pretty solid

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It identifies fair value gaps which are currently valid. Settings: Bullish FVG Color: To set the color of bearish FVGs. Bearish FVG Color: To set the color of bearish FVGs. Minimum Size: For filtering the signals. The restricts a minimum size for the FVG to be considered valid. For custom additions you can reach out to developer here MT5 Version available here

FREE

The Inside bar indicator can detect where inside bars occur in the charts and will change the color of the candle based on user inputs. Please note that the color can differ based on the current color of the candle due to supposition of the colors. Here are the characteristics of an inside bar pattern: High: The high of the bearish candle is lower than the high of the previous bullish candle. Low: The low of the bearish candle is higher than the low of the previous bullish candle. Body: The bo

50 USD

This utility is capable of closing trades automatically when profit % or loss % set by the user is reached. There are two options for the funtionality 1. Close trades when all open trades in the account reaches the desired %Profit or % Loss 2. Close trades when each trade reaches the desired %Profit or %Loss This should be helpful to traders who prefer to use this method in managing their positions. NOTE: Extra modifications can always be added based on request.

30 USD

This utility is capable of opening multiple positions at once based on the users input. There is also an inbuilt feature to close all trades at once. The panel is user-friendly, minimizable and moveable. This will allow users open and manage all their positions quickly. For more information on the bot, you can reach out to the developer NOTE: Extra modifications can be added based on request

30 USD

Patrex Pro: Maximize Your Trading Potential Patrex Pro is an advanced trading bot designed to help traders optimize their trading strategies and maximize their potential returns. With its cutting-edge technology and user-friendly interface, Patrex Pro is the ultimate tool for traders seeking to elevate their trading game. Key Features: 1. Position Hedging: Patrex Pro allows users to hedge their positions based on their individual risk tolerance and market analysis. 2. Advanced Risk Management:

99.99 USD

Filtro:

283

nunovski 2025.01.19 22:37 #

Isn't trustworthy

18070

Respuesta del desarrollador Chioma Obunadike 2025.01.23 08:58 #

Why don’t you code and publish your own free indicators?

hasan sajjad 2024.12.14 14:48 #

it shows the arrow a bit late other than its pretty solid

150

dennisorina 2024.12.04 09:00 #

doesn't show all the signals.

145

Hassan Mansoor Javed 2024.11.14 20:37 #

El usuario no ha dejado ningún comentario para su valoración

108251

Francisco Gomes Da Silva 2024.09.02 21:07 #

El usuario no ha dejado ningún comentario para su valoración

QRESPO 2024.08.13 14:26 #

Great One from my Compatriot.

smoki 2023.11.03 10:36 #

Nice!

Versión 2.10 2023.12.06

Added Alerts for The Engulfing Candles

Optional Alerts can be turned on and off

- Email Notification: Sends an alert or notification to a designated email address.

- Play Sound: Triggers an audible alert or sound on the platform or device running the trading software.

- Native Alert: Shows an on-screen alert or popup within the trading platform.

- Push Notifications: Sends notifications to mobile devices through dedicated apps or services.

Versión 2.0 2023.10.19

- Added the following user inputs:

1. Arrow Size
2. Arrow Distance
3. Custom Arrow Up colour
4. Custom Arrow Dn colour

- Improved the logic of the code to fit the perfect description of an engulfing candle:

Bullish Engulfing Candle: The first candle is a bearish (downward) candle, followed by a larger bullish (upward) candle that completely engulfs the previous candle's body.

Bearish Engulfing Candle: The first candle is a bullish (upward) candle, followed by a larger bearish (downward) candle that completely engulfs the previous candle's body.