Doji Engulfing Paths Demo

Presentation

Doji Engulfing Paths enables to get signals and data about the doji and the engulfing patterns on charts. It makes it possible to get opportunities from trends, and to follow the directional moves to get some profits on the forex and stocks markets.

It is a good advantage to take all the appearing opportunities with reversal signals and direct signals in order to obtain some profits on the forex market.

With the demo version, only the signals starting with the 20th candle or bar are available.


System features

With fast execution, it allows to register directly the information about the new doji patterns on a chart and starts with the last candle available before the current candle or bar on the chart.

The utility shows a sign on the chart in order to indicate where the doji is located on this chart.

It enables to get the same functions with the engulfing patterns: it could precisely indicate with a graphical object and sign on the chart the positions of new engulfing patterns.


Recommendations

First, select the maximal number of previous candles and bars to display on the charts.

The maximum is 1000 bar shifts, previously to the current bar. The result will be the display of the exact locations of dojis and engulfing patterns on the technical charts.


Special addition

The Doji Engulfing Paths is a utility that could run independently to other available and additional EAs and indicators on the selected list of charts.

It enables to follow the direction of the trend and select entry levels for reversals of instruments available and the correct period of time with timeframes. When a doji appears on an uptrend for example, it is the right period of time to go for a reversal and open a short position on the instrument.

According to the directions, when an engulfing pattern occurs on an uptrend and with the same direction, it is possible to continue the directional move and to go to open a long position on this trend move.

That is supposed to enable profits on the forex market.


Inputs

  • num_Of_Shifts: number of bars to display
  • color_Doji_PL: color of the signal for uptrends and downtrends with dojis
    • clr_Green_H
    • clr_Aqua_H
    • clr_Orange_H
    • clr_Beige_H
    • clr_Violet_H
  • color_Engulfing_Up: color of the signals for uptrends with engulfings
    • clr_Green_H
    • clr_Aqua_H
    • clr_Orange_H
    • clr_Beige_H
    • clr_Violet_H
  • color_Engulfing_Down: color of the signals for downtrends with engulfings
    • clr_Red_LH
    • clr_Yellow_LH
    • clr_LightViolet_LH
    • clr_Magenta_LH
    • clr_LightYellow_LH
  • Signals: list of signals to display, only dojis, only engulfing, or both of the systems
    • mode_Doji_H: only dojis
    • mode_Engulfing_Up: only engulfing on up directions
    • mode_Engulfing_Down: only engulfing on down directions
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5 (1)
Indicators
Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
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Indicators
This indicator is an indicator for automatic wave analysis that is perfect for practical trading! Case... Note:   I am not used to the Western name for wave classification. Influenced by the naming habit of Chaos Theory (Chanzhongshuochan), I named the basic wave as   pen   , the secondary wave band as   segment   , and the segment with trend direction   as main trend segment   (this naming method will be used in future notes, let me tell you in advance), but the algorithm is not closely relate
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5 (1)
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Channel Trend Bands  MTF – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support w
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Noiros Tech
4.14 (7)
Indicators
M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hits TP
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Boubacar Tidiane Traore
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Doji Engulfing Paths enables to get signals and data about the doji and the engulfing patterns on charts. It makes it possible to get opportunities from trends, and to follow the directional moves to get some profits on the forex and stocks markets. It is a good advantage to take all the appearing opportunities with reversal signals and direct signals in order to obtain some profits on the forex market. System features With fast execution, it allows to register directly the information about th
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Pascal2011a
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Pascal2011a 2021.03.12 20:40 
 

didn't work, found another indicator that kinds of works.

Boubacar Tidiane Traore
6686
Reply from developer Boubacar Tidiane Traore 2021.03.13 11:54
It works well , shows doji and engulfing appearances on all graphs . What does not work with the system well ?
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