EZT Engulfing

This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly.

This is a non-repainting MTF indicator.

When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above.

There is a Pop up, email, and push notification alerts for each chosen timeframe separately.

The indicator place a dot on the price chart. For bullish engulfing candle is below on the price line, for bearish engulfing candle is above on the price line.

In case you only want to get the alerts and do not want your chart to be crowded with dots, simply choose the arrow colors: none.


Settings:

  • Candle limit to show arrows: How many candles back to display the arrows/dots.
  • Timeframe selection mode: Current or the selected timeframes.
  • Engulfing filter mode: Three option to choose from, “Strong official”, “Official” and “Unofficial”. All three option consider the last 20 candle average body size, the high and low, and the opening and closing of the engulfing candle compare to the previous candle. Also consider the size of the candle body and wick. There is a little difference between the three options, for regular engulfing use the official version.
    1. Strong Official: Previous candle body minimum 30% of the last 20 candle average size. Engulfing candle high/low must overlap fully the previous candle.
    2. Official: Previous candle body minimum 15% of the last 20 candle average size. Engulfing candle high/low overlap or same size like the previous candle.
    3. Unofficial: The engulfing candle opening side does not have to overlap previous candle. The closing of engulfing candle must overlap previous candle high/low.
  • Arrow size: How large you like the dot.
  • Arrow color: Just a color.
  • Pop up alert: true or false.
  • E-mail alert: true or false.
  • Notification alert/ Push alert: true or false.
  • “ Manual Timeframes”: You can set individually each timeframe settings.
  • “Draw higher timeframe bodies”: When true, the indicator draw a higher timeframe candle shadow over on the current candles.
  • “Info panel”: You can choose to see the info panel or not. Also you can choose the corner you like to place it.
When you use the indicator, take it into consideration
  • Larger timeframe signals are lot more reliable.
  • When in a smaller timeframe, use only the signals with the current major trend.
  • The best signals appear around support and resistance levels, and supply /demand zones.

Take a look to our other products here: https://www.mql5.com/en/users/tradeez-fx/seller

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Send us a message after your purchase to receive more information on how to get your  BONUS  for FREE  that works in great combination with Bull vs Bear ! Bull versus Bear is an easy-to-use Forex indicator that gives traders clear and accurate signals based on clear trend retests . Forget about lagging indicators or staring at charts for hours because  Bull vs Bear provides real-time entries with no lag and no repaint, so you can trade with confidence. Bull vs Bear  helps you enter trades during
Advanced Currency Strength28 Indicator
Bernhard Schweigert
4.91 (657)
Indicators
Trading Special –40% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a
Cyclic Impulse
Vitalyi Belyh
Indicators
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
KuKl
IGOR KIRIANEN
Indicators
The indicator is built on a non-standard Zig Zag, it draws accumulations after which if the price leaves this zone and a test of this zone occurs, then a sound signal is given and an arrow appears - after the test candle closes.The indicator does not redraw its signals, it is very easy to use, there are only three settings 1- this is the zig zag parameter 2- this is the minimum price exit from the zone 3- this is the maximum price exit from the zone. The lower the parameter for Zig Zag, the more
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Utilities
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Tibor Rituper
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5 (4)
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Utilities
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5 (2)
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