Engulfing Candles With MA
- Indicadores
- Hisham Ahmed
- Versión: 1.2
- Activaciones: 5
This is an Engulfing Candle Indicator with a Moving Average Signal confirmation. The Buy and Sell are displayed on the chart.
It has been tested on a 1 Minute and 5 Minutes chart with multiple pairs (EUR/USD, EUR/JPY, USD/JPY...etc.). It will work on Pocketoption OTC market as well.
if you are using martingale, then the recommended settings are,
Initial investment: $1.00
Martingale Multiplier: 2.5
Martingale steps: 5
The indicator likely will not reach the fifth step but you need to give yourself some room for the indicator to buy and sell.
Please see the attached screenshots. Feel free to contact me with any question you may have.