Engulfing EMA Arrow Plotter

Engulfing Signal Indicator with EMA Confirmation

This indicator is made to identify engulfing candlestick patterns in real-time using a mathematical approach and a constant bar-checking loop. It highlights these patterns as they occur, offering visual cues and confirmation when aligned with specific market conditions.

How it works:

  1. Engulfing Pattern Detection:

    • The indicator identifies engulfing candles using a division factor.
    • A candle is considered engulfing if the entire range (body + wicks) of the engulfing candle, divided by the division factor (default: 2), is larger than the body (wicks excluded) of the candle being engulfed.

  2. Visual Markers:

    • A yellow or blue checkmark is plotted to indicate a detected engulfing pattern.
    • If the engulfing pattern aligns with the direction of two Exponential Moving Averages (EMAs), an arrow is plotted:
      • Green arrow for bullish alignment.
      • Red arrow for bearish alignment.

  3. Customizable EMAs:

    • The indicator uses two EMAs (fast and slow) as an exceptional confirmation measure.
    • Both EMA periods can be customized in the constant tab to suit different strategies and timeframes.

  4. Timeframe Flexibility:

    • The indicator is adaptable to any timeframe, as specified in the constant tab, making it suitable for various trading styles.

Please Note:

This indicator serves as a preview of our upcoming product, which will include advanced trade execution capabilities with fully customizable engulfing parameters. While this version focuses on the division factor for confirmation, the future release will offer enhanced flexibility for defining engulfing patterns and trade parameters.


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Utilities
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
Order flow footprint chart
Abdul Jalil
4.4 (5)
Utilities
Footprint Chart Pro — Professional OrderFlow EA for MetaTrader 5 Version 6.34 | Professional tool for real traders | Institutional-Grade Visualization DEMO USERS - PLEASE SELECT EVERY TICK / REAL TICK WHEN TESTING AND YOU HAVE DOWNLOADED HISTORICAL DATA. IF YOU SEE A WAITING SCREEN AND IT IS NOT DOWNLOADING, IT MEANS YOU HAVE LOW HISTORICAL DATA. TRY 1 MIN AND 5 MIN FIRST ON 1 DAY DATA. ONE DAY DATA SHOULD BE THE NEWEST AND MOST CURRENT DATE. PLEASE WAIT UNTIL THE MARKET HAS ROLLED OVER PERIOD.
Copy Cat More Trade Copier MT5
Dilwyn Tng
5 (8)
Utilities
Working Demo Download Copy Cat More Trade Copier MT5 is a local trade copier and a complete risk management and execution framework designed for today’s trading challenges. From prop firm challenges to personal portfolio management, it adapts to every situation with a blend of robust execution, capital protection, flexible configuration, and advanced trade handling. The copier works in both Master (sender) and Slave (receiver) modes, with real-time synchronization of market and pending orders,
The News Filter MT5
Leolouiski Gan
4.78 (23)
Utilities
This product filters   all expert advisors and manual charts   during news time.  It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete  order management system   that can handle your open positions and pending orders before the release of any news. Once you purchase   The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from her
Quant AI Agents
Ho Tuan Thang
5 (1)
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Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents   is a   multi-agent AI trading framework   that turns natural-language strategy prompts into live.  WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating un
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Candle Range Volatility
Axel Aasmund Anderson
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This Expert Advisor (EA) is designed to analyze and visualize the volatility levels of individual candles across any timeframe. By plotting and graphing the volatility data, it provides a clear and intuitive representation of market dynamics. The EA captures and displays volatility trends for each monthly period, making it an invaluable tool for traders who aim to understand market behavior over time. While it works on any timeframe, it is particularly optimized for the daily timeframe, where it
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