Engulfing

Engulfing Stochastic – indicator MetaTrader 5

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Engulfing Stochastic - indicator for MetaTrader 5
We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So if you are looking for reversals then you may want to take notice when oversold territory is entered into with a bullish engulfing candle … Read more

Heikin Ashi Engulfing – EA MetaTrader 5

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opens trades when a engulfing bar occurs at the SAME time as a change in heiken ashi colour opening above moving averages, two rsi filters, set at 5 &14 periods. engulfing bar must close above the high of previous bear candle, (for bullish trades) explaned in terms of a buy trade inp15 maperiod, open of … Read more

Engulfing Pattern Plus One – indicator MetaTrader 5

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Engulfing Pattern Plus One
The idea of the indicator Engulfing Pattern Plus One’: The current bar completely Engulfings the previous two bars. Absorption takes into account ‘High’ and ‘Low’ prices Rice. 1. Engulfing Pattern Plus One The pattern is displayed using ‘Arrow’ objects, and two rectangles are drawn on the chart manually – specifically, to visualize and explain how this … Read more