Market / MetaTrader 4 / Indicators /

EZT Engulfing

35 USD

Demo downloaded: 133

Published: 9 January 2018

Current version: 1.1

EZT Engulfing

Indicators
Tibor Rituper
Version: 1.1
Updated: 24 November 2021
Activations: 5

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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This indicator can display 1-3 CCI indicator on different time frames and settings. The active indicators can give visual and sound alert on oversold/overbought level if the user choose that option. Alert can be set on one or all active indicator, even if the time frame, the period and the oversold/overbought level different on each. There is a display panel with buttons on the main chart, what is show the active indicators and their settings. There is an option to hide this panel. With the butt

30 USD

The ChartChanger is a great utility tool to reduce the number of open charts on your terminal. There is three section to it: Symbols, Time frames and Templates. You need only one chart to be open and still you can scroll up to multiple ones. Symbols: With the push of a button you can change from one symbol to another, and your applied indicators will stay on the next chart. For the symbols there is an auto detection mode, or you can manually enter the desired ones. You can use all 28 or any numb

45 USD

This is a Multi Time frame Pin bar alert indicator. You can use on the current time frame only or all of the time frames from the 1 minute to the monthly. When you choose all the time frames, you get alert on the current time frame your chart is open and the time frames above. There is a Pop up, email, and push notification alerts for each chosen time frame separately. The indicator place an arrow on the price chart. For bullish/Long Pin bar it is below the price line, for bearish/Short Pin bar

35 USD

This is a great utility tool to see valuable information on your chart. The panel is free-floating, grab with your mouse and move around on the chart with ease. Also the panel is collapsible so you can save space, and you can see only the information you wish. There is three section to the panel, when is closed you can see the top section only. Here the list of information you can see on the panel, from the top to bottom: The first part of the panel: Price : The color is changing according to

30 USD

EZT_Stochastic This is a Multi Timeframe stochastic indicator, with colored background. The colored background can be set to different colors based on the K and D line, (moving up, or down), and also about the position of the lines. In the oversold or overbought zones you can choose different colors. Settings: You can choose the time-frame you want to see the stochastic. Set the regular parameters in a same way like in the original stochastic. Histogram style: The style. Histogram width: The

30 USD

EZT_Ichimoku_MTF Multitimeframe Ichimoku indicator. Display up to 4 different Ichimoku on the chart. Every line of every ichimoku is customizable, you can turn off/on or choose different thickness or color. You can choose to see only the cloud in multiple ichimokus. Optional info panel to identify the different Ichimokus. Works the same way like the original Ichimoku indicator.

15 USD

EZT Trade History This is a great tool to analyze past trades or follow current ongoing trades, especially when you using an EA to manage your transactions. You will see the exact candle where the trade was opened and closed. Collapsible floating panel on the chart, free to move anywhere with your mouse. When you using multiple EA’s with different magic numbers, you have 5 options to separate those trades, so you will know which EA opened specific transactions. You can set the day limits how fa

35 USD

The indicator predict the future candles direction, by scanning past candle movement. Based on the principal: “ The history repeat itself”. Programmed according to Kendall Correlation. In the settings menu, different scanning options are available. When the indicator find a match, start painting future candles from the current candle to the right, also from the current candle to the left as well, showing you the candle pattern what the actual signal is based on. The left side candle are option

45 USD

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Version 1.1 2021.11.24

Compatibility update.