Market / MetaTrader 4 / Indicators /

BB Engulfing Bar

FREE

Published: 21 August 2018

Current version: 1.0

BB Engulfing Bar

3.6

For an engulfing bar to be valid it must fully engulf at least one previous bar or candle - includes all the body and the wick. The engulfing bar can engulf more than one bar as long as it completely engulfs the previous bar.

Inputs

AlertOn - enable alerts
EmailAlert - enable email alerts
PushAlert - enable push notification

more...

89659

Evgeny Belyaev 2019.05.11 16:06 #

Useful product. Thank you for posting for free.

3471

John Winsome Munar 2022.06.14 14:35 #

Nice work

182

Elusive Pimpernel 2021.11.05 12:54 #

Too many bars not all are perfect.

The indicator defines the Bullish and Bearish Engulfing Bar. The pattern has greater reliability when the open price of the engulfing candle is well above the close of the first candle, and when the close of the engulfing candle is well below the open of the first candle. For an engulfing bar to be valid it must fully engulf at least one previous bar or candle - includes all the body and the wick. The engulfing bar can engulf more than one bar as long as it completely engulfs the previous bar.

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Pin bar pattern is characterized by a long upper or lower wick with a small body relative to the size of the wick with little to no lower or upper shadows. Pin bars are not to be traded in isolation , but need to be considered within the larger context of the chart analysis. A pin bar entry signal, in a trending market, can offer a very high-probability entry and a good risk to reward scenario. Inputs MinimumTailPips- Minimum size of Tail in pips; TailBodyCandle- means how many times Tail grea

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The three white soldiers and the three black crows candlestick patterns are reversal patterns that predict a change in the direction of a trend. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's. It's important to note that both formations are only valid when they appear after a strong uptrend or a downtrend, while their efficiency decreases in choppy markets. Inputs AlertOn - en

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TwoMA Crosses indicator displays arrows based on whether the short term moving average crosses above or below the long term moving average. A moving average doesn't predict price direction. Instead, it defines the current direction. Despite this, investors use moving averages to filter out the noise. Traders and investors tend to use the EMA indicator, especially in a highly volatile market because it’s more sensitive to price changes than the SMA. Download for FREE TwoMA Crosses EA from the

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" A NEW TRADING METHOD FOR TRADING… AN AMAZING TRADING INDICATOR! " Additional Bonus : You get the Forex Trend Commander indicator for FREE! To lock in a profit from market movements in most cases it takes much longer than planning it. Trading is not an event, but a process. This process has no end, i.e. it should never stop completely and completely. ProTrading Arrow indicator is an advanced reversal system that can be played with or against the trend. BENEFITS OF USING PROTRADING ARROW Defin

50 USD

"IF YOU'RE LOOKING UNIQUE TRADING INDICATOR…AT AN AFFORDABLE PRICE…YOU'VE COME TO THE RIGHT PLACE!" Additional Bonus: You get the Forex Trend Commander indicator for FREE! Forex trading is like any business, includes some rules, for example using a good indicator and proper money management (a skill that anyone can master). The DayTradingArrow v1 indicator usually allows to trade on the safe side of the market by filtering out most consolidation zones and market noise. Adaptive intelligent alg

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3471

John Winsome Munar 2022.06.14 14:35 #

Nice work

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Elusive Pimpernel 2021.11.05 12:54 #

Too many bars not all are perfect.

yahyahamad 2021.03.24 12:42 #

IT'S good indicator

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Domenico Tarantino 2021.03.23 23:34 #

bene

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forexva 2021.03.14 23:49 #

Too many engulfing bars...not useful!

sarmat68 2020.07.05 08:35 #

50/50.Через 10 ставок депозит 0.

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Reuben Khaya 2020.05.20 21:32 #

Not good

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philippe germain 2019.08.04 22:54 #

Some engulfing bar detected are mistakes!

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Evgeny Belyaev 2019.05.11 16:06 #

Useful product. Thank you for posting for free.

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Victor Manuel Valderrama Zamora 2019.03.16 16:44 #

User didn't leave any comment to the rating

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sunnychow 2018.12.16 15:26 #

User didn't leave any comment to the rating