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Ultimate Engulfing Scanner Multi Pair Multi TF

(FOR MT4) Ultimate Engulfing Scanner Multi Pair And Multi Time Frame: 

This indicator has been designed to find the strongest engulfing patterns in the forex market.


- An engulfing pattern is very simple to trade, without the need for any complicated analysis.


- This patterns provides an excellent risk and reward ratio. Because your potential wins will 

   always be considerably larger than your potential losses. And this is CRITICAL to your long term 

   trading success. 


- You have the highest probability of success when you this pattern occurs at the end of an extended trend.

   And this is why we have put two separate filters into this indicator. So that you don't waste your valuable

   time with meaningless alerts. 



IMPORTANT FACTORS TO KEEP IN MIND:

Nothing is more important than price action.


A strong engulfing candle at the end of a trend is a clear indication that the institutions have flipped.

If it happens at the end of an uptrend, it means that the institutional bears are now in charge. 

And if it happens at the end of a downtrend, it means that the institutional bulls are now in charge. 


Features:

  • This indicator can monitor all 28 pairs at the same time.
  • It can monitor every timeframe, from 1 Minute to Monthly. All at the same time. 
  • It will automatically trigger an alert whenever the appropriate pattern is identified.
  • It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc. 
  • It uses two filters (RSI and Consecutive Candles) in order to catch the patterns at the end of a trend.                                                                                                    

- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

  This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis. 
  And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
  This will also give you more time to find other trading opportunities. 


Indicator Parameters:

  • Symbols: The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.
  • Use RSI Filter: True = Yes, False = No
  • RSI Period: Setting for RSI filter
  • RSI Up Level: Overbought level for RSI filter. Bearish engulfing candle must form above this level in order to be valid.
  • RSI Down Level: Oversold level for RSI filter. Bullish engulfing candle must form below this level in order to be valid.
  • Use Consecutive Filter: True = Yes, False = No
  • Consecutive Candles: Will look for the engulfing candle after "X" number of consecutive candles. 
  •           

For Example: 

If you select "5", it will look for an engulfing candle after 5 consecutive candles of the opposite color.

Therefore, if there are 5 consecutive down candles and then there is a bullish engulfing candle, it will trigger an alert.  


    You have the option of using both filters if you wish. Or only one of them. Or none. 

    It is completely up to you.



See the images below for further details and contact us if you have any questions.



HUNDREDS OF 5 STAR REVIEWS AND OVER TWO DECADES OF REAL WORLD MARKET EXPERIENCE:

This indicator has been created by a former hedge-fund employee, with almost 25 years

of market experience. And our company has been selling high quality indicators on this

platform since 2015.


Over the years we have helped THOUSANDS of satisfied clients and we have received

HUNDREDS of 5 star reviews. 


And we are proud to say that all of our reviews are 100% GENUINE

With absolutely no client manipulation, or questionable tactics of any kind. 


For further details regarding our background, we STRONGLY RECOMMEND that you take a look

at our profile. In order to get a better understanding of our overall trading experience and our

approach to the market.


https://www.mql5.com/en/users/escobedofx21



Reviews 1
forextiff
755
forextiff 2019.02.05 13:05 
 

5 STARS!!! Let me say this... from the beginning Mike was 100% with customer service. I honestly never seen anything like it. I have to apologize in advance... this review was a long time coming as with the service I received, I wanted to do a review immediately but better late than never right? I am really happy I ran into Mike and his indicators on mql5. I am not a review writer... not one bit. But Mike's level of service could not be ignored. The time he took to fully answer all of my questions and also with the way he went above and beyond with more than just the indicator, there was no way I was not going to write a review to let everyone know they are and will be in good hands! Thank you Mike. I will be in touch shortly!

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The high and low band points made strictly according to Dow's theory can be used to distinguish the position of support and resistance, to identify the starting point of trend, and to stop and stop loss. Whether you are a trend trader, an day short-term trader, or a scalp trader, I believe this indicator will be of great help to you. For example, when the price goes down through the green line, the current short trend starts, and when the price goes up through the red line, the bull
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TPA True Price Action MT4 Indicator
TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our cust
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Advanced Dashboard for Currency Strength and Speed
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
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SR Imbalance Scalping
SR Imbalance Scalping
Rudy Tanureja
Latest Update : - Thank you for your feedback and enthusiasm using this indicator to trade the SMC (Smart Money Concept) way. Now Validity Set is provided separately for Imbalance and Order Block. You can set based on your experience how much is the tolerance for Order Block and Imbalance for a certain pair and timeframe, save it on template and name it differently for later use. - On screenshot you will see how we trade on Imbalance and OB using EA. Still on forward testing, but you can see how
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Pytrader mt4 Python
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Offpista LTD
Documentation for connecting Metatrader 4 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The Pytrader ecosystem consists of a python script and a MT4 EA. (  MT5  version ) Further for the licensing an indicator is used.  The communication between the python script and the EA is based on sockets. EA is the  Server   and the python script the  Client .  It is always query(function / python script) and output(data / server). The
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Blahtech Market Profile
Blahtech Market Profile
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
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Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
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Royal Wave XPro MT4
Royal Wave XPro MT4
Mostafa Tarakameh
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it super easier to make proper decisions regarding where to enter and where to exit trades.   Features Trend-Power  Algorithm Low-risk Entry Zones and Exit Zones Predictions for Overboug
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PipFinite Trend PRO
PipFinite Trend PRO
Karlo Wilson Vendiola
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa
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Currency Strength Exotics
Currency Strength Exotics
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
128 USD
XCalper Triad MT4
XCalper Triad MT4
Aecio de Feo Flora Neto
xCalper Triad works as a Target scanner tool. Its algorithm calculates price level areas with high precision and instantly. By default, they are automatically identified and the trader normally sets visual parameters only. Explore a new perspective in price action analysis by adding Triad to your setup and surprise yourself. Main Features Automatic & exclusive Target levels Daily candle representation in all intraday timeframes. Side panel information essential to all traders: Remaining time t
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Engulfing 13EMA
Engulfing 13EMA
Janelovey Rongomaiwahine Kappely
Description: The Engulfing 13EMA is a Multi Timeframe Indicator that scans Multiple Symbols which will help you to identify potential trade set ups. As well as Forex, it can scan Crypto, Exotics, Metals, Indices, Energies or what ever else you have in your Market Watch list. You also have the option to enable/disable the time frames you want to scan. (M1,M5,M15,M30,H1,H4,D1,W1,MN1) All of these options are made possible from just ONE chart, from which the Indicator is attached An alert is
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TickUnit Scalper Currency Strength28 PRO
TickUnit Scalper Currency Strength28 PRO
Bernhard Schweigert
CURRENTLY 26% OFF !!   This indicator is a super combination of both our main indicators ( Advanced Currency Strength 28 and Advanced Currency IMPULSE with ALERT ). It shows Currency Strength values for TICK-UNITS and alert signals for 28 Forex pairs. 11 different Tick-Units can be used. Those are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, and 30 Seconds. The Tick-Unit bar in the sub-window will be shown and shifted to the left when there is at least 1 tick within the second’s timer.  With only ONE
148 USD
PipFinite Reversal PRO
PipFinite Reversal PRO
Karlo Wilson Vendiola
The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success! Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally. Discover The Secret Of Professional Traders Get instant access www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now! How To Trade Step 1: Trade Setu
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Supreme Commander
Supreme Commander
Ramon Sobrevals Arce
T he indicator of the indicators.  The Most Powerful Technique to Determine Forex Trend Strength in 2021. We have perfected Supreme Commander that it calculates an average of the selected indicators (up to 16) and the selected timeframe (all) with the result of a single trend that indicates the potential of buying and selling.  The main goal for this algorithm is to determine accurately the perfect moment to buy or to sell to achieve huge profitable movements. ⱱ The trading system
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(FOR MT5)  Pinbar Scanner For Multi Pair and Multi Time Frame :   This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exi
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Consecutive Bar Scanner For Multi Pair And MTF
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(FOR MT5)  Double Top Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify high probability double tops and double bottoms. It can also be used to identify triple-tops and triple-bottoms. And it includes an RSI trend filter, in order to identify the formations that occur at the top (or bottom) of a trend. IMPORTANT FACTORS TO KEEP IN MIND: Any major level that holds 2 or 3 times is obviously a level that is being defended by the large institut
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Ultimate Reversal Scanner Multi Pair And MTF
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ScorpionFX
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(FOR MT5)  Ultimate Strength Meter Strong Vs Weak :   This indicator has been specifically designed for measuring the strength of the 8 major currencies (USD, EUR, GBP, JPY, CHF, AUD, NZD and CAD). Allowing you to quickly select the best pairs to trade (Strong VS Weak). This indicator provides an EXCELLENT way to trade particular trading sessions. And a great way to trade the news events. As it represents current (real time) conditions. And you can select at which time you would like for it to
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Range Trader Multi Pair And Multi Time Frame
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ScorpionFX
(FOR MT5)  Range Trader Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify high probability range trading opportunities. The goal is to find non trending pairs that are coming off a recent high / low. And this indicator uses two filters (RSI and ADX) to identify these opportunities. IMPORTANT FACTORS TO KEEP IN MIND: The FX market is range bound  at least  70% of the time. And range trading has several distinct advantages that make it safer and more
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Pivot Point Scanner Multi Pair
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ScorpionFX
(FOR MT5)  Pivot Point Scanner Multi Pair :   This indicator has been desinged to automatically identify when price reaches a specified pivot point level. And it can monitor the entire market in the background, all from one chart. Allowing you to save an enormous  amount of time and effort. IMPORTANT FACTORS TO KEEP IN MIND: For many years, floor traders (and market makers) have used pivot points to determine critical levels of support and resistance.  And these levels often act as price barri
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Consecutive Bar Scanner Multi Pair And MTF
Consecutive Bar Scanner Multi Pair And MTF
ScorpionFX
(FOR MT5)  Consecutive Bar Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to find a predetermined number of consecutive bars. It can identify both bull and bear candles and you can select exactly how many candles you wish to look for. You can combine this indicator with any number of indicators or strategies. Including MACD, RSI, CCI, Fib retracements etc. And the goal is to look for situations where prices are severely over extended, in order to profit from the i
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Full Market Analysis Multi Pair And MTF
Full Market Analysis Multi Pair And MTF
ScorpionFX
(FOR MT5)  Full Market Analysis Multi Pair And Multi Time Frame :   This is a powerful tool that will allow you to quickly and easily monitor the entire Forex market. It can be used for just about any kind of strategy that you like. Whether it be trend trading, range trading, reversals etc.  As it gives you perspectives on momentum, risk-sentiment, volatility, overbought / oversold etc. It also allows you to set thresholds for monitoring specific critical levels and it displays all of the info
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Round Numbers And Psychological Levels
Round Numbers And Psychological Levels
ScorpionFX
(FOR MT5)  Psychological Levels And Round Numbers :   This indicator has been designed to automatically identify when prices reach major psychological levels. Also know as ' whole numbers ' or ' round numbers ', these levels act as price barriers where large amounts of orders will generally accumulate. And the larger the psychological level, the more orders will generally be placed in that area. Therefore, these levels can be used to define entries and exits and provide a very strong risk and re
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Ultimate Engulfing Scanner Multi Pair MTF
Ultimate Engulfing Scanner Multi Pair MTF
ScorpionFX
(FOR MT5)  Ultimate Engulfing Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to find the strongest engulfing patterns in the forex market. - An engulfing pattern is very simple to trade, without the need for any complicated analysis. - This patterns provides an excellent risk and reward ratio. Because your potential wins will     always be considerably larger than your potential losses. And this is CRITICAL to your long term     trading success.  - You have th
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Ultimate Correlation Scanner MT5
Ultimate Correlation Scanner MT5
ScorpionFX
(FOR MT5) Ultimate Correlation Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to quickly identify the highest correlations for any pair in the market. And you don't have to conduct hours of research, analyzing dozens of columns, rows or tables. As this indicator gives you the most important information, quickly and easily.   Using this indicator, you can create a system that allows you to take advantage of the ongoing  correlation dynamics that are always present
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Ultimate Moving Average Crossover Multi Pair MT5
Ultimate Moving Average Crossover Multi Pair MT5
ScorpionFX
(FOR MT5)  Ultimate Moving Average Crossover Multi Pair And Multi Time Frame :   This indicator has been designed to find various types of moving average crossovers. And combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.   - Moving average crossovers are very simple to trade, with clear "buy or sell" signals. - Moving average crossovers offer a clear indication of the different phases of a trend.    Such as expansion, pul
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forextiff 2019.02.05 13:05 
 

5 STARS!!! Let me say this... from the beginning Mike was 100% with customer service. I honestly never seen anything like it. I have to apologize in advance... this review was a long time coming as with the service I received, I wanted to do a review immediately but better late than never right? I am really happy I ran into Mike and his indicators on mql5. I am not a review writer... not one bit. But Mike's level of service could not be ignored. The time he took to fully answer all of my questions and also with the way he went above and beyond with more than just the indicator, there was no way I was not going to write a review to let everyone know they are and will be in good hands! Thank you Mike. I will be in touch shortly!

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