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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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The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This   powerful indicator   simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses   advanced algorithms   to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Currently Price 20% OFF ( for unlimited use )   BONUS  AUX VIP Club 2024 : Include  EA Airbag  and  Load Data History  to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced insights and precision in
Este tablero muestra los últimos patrones armónicos disponibles para los símbolos seleccionados, por lo que ahorrará tiempo y será más eficiente / versión MT5 . Indicador gratuito: Basic Harmonic Pattern Columnas del indicador Symbol: aparecerán los símbolos seleccionados Trend : alcista o bajista Pattern : tipo de patrón (gartley, mariposa, murciélago, cangrejo, tiburón, cifrado o ABCD) Entry : precio de entrada SL: precio de stop loss TP1: 1er precio de toma de beneficios TP2: 2º precio de
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Daniel Stein
4.67 (6)
Presentamos IX Power, la herramienta definitiva para aumentar la precisión de sus operaciones. Diseñado con la misma precisión insuperable que FX Power, IX Power te permite dominar cualquier símbolo de trading, desde índices y acciones hasta materias primas, ETFs e incluso criptodivisas. Prepárate para elevar tu trading con una visión precisa de las tendencias a corto, medio y largo plazo en todos tus activos favoritos. ¿Por qué elegir IX Power? Con IX Power, tu tiempo se vuelve muy preciso,
Up down v6T
Guner Koca
5 (2)
Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
Line Magnit
Aleksey Trenin
The LineMagnit Indicator for MT4 is a highly precise tool that builds support and resistance levels which magnetically attract prices. This feature allows traders to easily determine the most probable entry and exit points in the market, as well as identify the market's directional forces, as levels are based on capital inflows into the instrument. Equipped with an intuitively understandable graphical interface, the LineMagnit Indicator enables users to quickly locate and analyze support and res
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Robert Gerald Wood
3 (2)
If you've not already learnt about The Strat trading strategy , go google it now. I promise it won't be a waste of your time, and you will likely learn some new tricks whether you use it or not. OK, so now you know what TheStrat is, you will be able to understand what this indicator can do for you. Key Features In short, the Indicator will: Show Timeframe Continuity for all supported timeframes Supports two timeset views, Day trader and Swing trader Show when Full Timeframe Continuity is in pl
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Maryna Shulzhenko
The Reincarnations trend indicator is used to determine the strength and direction of a trend and to find price reversal points. This tool scans the market looking for the correct entry. You can see and evaluate it yourself, perhaps it will suit you for a number of tasks related to forecasting price movements. It uses only price data and analytics to calculate entry points. Does not use auxiliary indicators. It has two parameters for customization. Indicator setting. Interval - price analysis
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Versión 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.