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Indicators: VR Engulfing Pattern

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Automated-Trading
Admin
102594
Automated-Trading  

VR Engulfing Pattern:

A simple indicator, which informs the trader about the appearance of "Bullish Engulfing" or "Bearish Engulfing" candlestick patterns on all timeframes.

Author: Vladimir Pastushak

rantosir
5
rantosir  
i have download and attached in chart mt4 candlestick, but dosen't load the pattern (doesn't work).. why?????
Sebastian Roos
7
Sebastian Roos  

Yeah wonder why as well! I try to get engulfing pattern working either on MT5 or MT4 no luck so far!

dcahya
11
dcahya  
There's no up/down arrow on your chart. This indicator just gives you alerts if engulfing pattern is detected at any time frame.
All you need to do is just read the alert, switch to the time frame the alert gives you and you'll see the engulfing pattern there.

Just a friendly reminder on the bullish/bearish engulfing pattern:

Engulfing Patterns

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