Engulfing Patterns Advanced Alerts
Hello Serious Trader,
Your bullish/bearish engulfing chart pattern signal arrows and alerts (pop up, email, push notification, sound) with advanced trend alert options:
1) If "Use_Fractal_Filter" is set to true, it will filter out the patterns by confirming that price has not reached the previous swing yet.
For example, for a bullish engulfing pattern, it will make sure price has not exceeded the previous fractal swing high.
2) If "Use_MAFilter_AboveBelow" is set to true, it will filter out the patterns with a user-adjustable moving average (e.g., for bullish
patterns, it must be above this moving average).
3) If "Use_MAFilter_Slope" is set to true, it will filter out the patterns with a user-adjustable moving average (e.g., for bearish
patterns,the moving average must be sloping downwards).
You may use all three of the above true/false parameters simultaneously.
Featuring low-RAM usage and no-lag updates every 250 milliseconds (1/4 second) for top precision. You may choose your arrow code designs. It is full of customizable features, such as the toggable "time left for current bar" information on the chart. If you prefer an even more advanced logic, feel free to contact me for a free negotiable quote for my custom MT4 programming services (I am celebrating 12 years of coding).