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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The   Candle Power Pro   is a sophisticated trading tool designed to decode   real volume pressure, tick data imbalances, and institutional order flow dynamics   by measuring the   battle between bull ticks and bear ticks   in real time. This indicator transforms raw   volume data into actionable insights , helping traders identify   Smart Money movements, liquidity hunts, and hidden market psychology   behind each price candle. By analyzing   buyer/seller volume percentages, divergence pattern
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Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
Market Makers
Mohamed Hassan
5 (4)
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After purchase, contact me privately to receive 1 month of free testing with EA Forex Proton! This advanced MT4 trading robot automatically executes signals from any MT4 indicator, including Market Makers. The latest version also includes AI integration, allowing each trade signal to be analyzed using Artificial Intelligence. Live Signal with EA Forex Proton: Click here Market Makers is a powerful price action trading system designed to identify high-probability Buy and Sell opportunities based
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CRT Candle Range Theory HTF MT4.   Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Discounted   Price   $50  !!     Secure your lifetime access   now   before it switches to   subscription-only ! Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator Unlock the true power of   Smart Money Concepts (SMC)   and trade precisely like the institutions with the   Ultimate CRT Indicator . Built exclusively for serious traders, this indic
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