Engulfing Detector

This Expert advisor does not do any trade, but it scans the whole symbols in your market watch and scan each shares one by one in different timeframes and at the end it shows you which symbol in which timeframe has a powerful engulfing candle.

Furthermore, you can define a MA period and a high and low RSI limit, and it shows you which symbols in which timeframe is going to cross the adjusted moving average, and which symbol in which timeframe is going to cross high or low limit of the RSI. 

The first time that you put it on a chart, it may take some time that it analyze all candles and gives you valid data, please give it time for 20 minute.

Its inputs are:

 EMAPeriod: for what RSI Period you want it to check candles of each timeframe of each symbols.

 RsiUpperLimit: The high limit for RSI that you want it to check candles of each timeframe of each symbols.

 RsiLowerLimit: The low limit for RSI that you want it to check candles of each timeframe of each symbols.

PairsNumber: How many pairs of your Market watch you are interested to watch and monitor.



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Technical indicator that structures charts and identifies cyclical price movements. Can work on any charts. Several types of alerts. There are additional arrows on the chart itself. Without redrawing on history, works on closing a candle. Recommended TF from M5 and higher. Easy to use and configure parameters. When using 2 indicators with different parameters, you can use without other indicators. Has 2 input parameters Cyclicality and Signal duration These 2 parameters work with the processin
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Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Fibonacci Confluence Toolkit Multi-Timeframe is an advanced technical analysis tool designed for professional traders, helping to identify potential price reversal zones by combining key market signals and patterns. With multi-timeframe display capabilities through the Timeframe Sele
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