Moving Average Cross Engulfing Alert Mt5

5
This Mt5 Indicator Signals when there is two opposite direction bars engulfed by current bar.

 has a recent Exponential Moving Average Cross and past bar was oversold/bought

Expert Advisor Available in Comments 

Free Version Here : https://www.mql5.com/en/market/product/110114?source=Site 

Full Alerts for mt5 terminal , phone , email, print to file, print to journal 

Buy Signal ( blue line )

  • Past ema cross ( set at 30 bars back )
  • Past bar rsi is oversold ( level 40  )
  • Engulfing bar closes above previous 2 red bars open
  • Engulfing Bar must open below 50ema and close above 30ema

Sell Signal ( red line )

  • Past ema cross
  • Past  bars Rsi overbought ( Level 60 )
  • Engulfing bar closes below previous 2 green bars open
  • Engulfing Bar must open above 50ema and close below 30ema

Signals Can be few at default setting 

May adjust past ema cross and rsi levels and period

 All inputs are variable then adjust your visual indicators same.


 

Indicator does not show the moving averages or rsi so please add


Default settings

ADD to chart

30 & 50 ema 

Rsi period 7 , levels 40/60

or

Chart Template Available in Comments 


Avis 1
Waddah Abdaljabbar Haik
335
Waddah Abdaljabbar Haik 2024.05.23 17:16 
 

Very excellent, wonderful tool

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5 (2)
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5 (1)
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Indicateur de tendance, solution unique révolutionnaire pour le trading et le filtrage des tendances avec toutes les fonctionnalités de tendance importantes intégrées dans un seul outil ! Il s'agit d'un indicateur multi-période et multi-devises 100 % non repeint qui peut être utilisé sur tous les symboles/instruments : forex, matières premières, crypto-monnaies, indices et actions. Trend Screener est un indicateur de suivi de tendance efficace qui fournit des signaux de tendance fléchés avec des
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Script for Metatrader 5. One click to Delete the background grid and object, all objects on the chart such as Trend lines you have drawn or created by another program arrows text Fibonacci lines removes the background grid making a clearer clean chart horizontal and vertical lines Easy for clearing a chart or when opening new charts. Please leave a review on how its working.
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Waddah Abdaljabbar Haik
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Waddah Abdaljabbar Haik 2024.05.23 17:16 
 

Very excellent, wonderful tool

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