Engulfing Candle EA
- Experts
- Nishaal Rooplall
- Version: 1.0
- Activations: 5
EA for engulfing candles.
Used on any timeframe and any market
Works as follows:
Example for any time chart
Previous candle - Bull
On candle close, if the candle is a bull candle immediately after a bear candle and if it is an engulfing bull candle - Indicator shows buy arrow plus EA opens a buy trade immediately on candle close.
Previous candle - Bear
On candle close, if the candle is a bear candle immediately after a bull candle and if it is an engulfing bear candle - Indicator plus open sell trade
Able to set parameters such as lot size, SL and TP in points.
Used on any timeframe and any market
Works as follows:
Example for any time chart
Previous candle - Bull
On candle close, if the candle is a bull candle immediately after a bear candle and if it is an engulfing bull candle - Indicator shows buy arrow plus EA opens a buy trade immediately on candle close.
Previous candle - Bear
On candle close, if the candle is a bear candle immediately after a bull candle and if it is an engulfing bear candle - Indicator plus open sell trade
Able to set parameters such as lot size, SL and TP in points.