Forex Engulfing 4 Umbrella MT4 Indicator

Forex Engulfing 4 Umbrella MT4 Indicator:

About the Forex Engulfing 4 Umbrella MT4 Indicator

For this set of indicators
1. General information
    – Calculates with high performance mathematical algorithms.
    – Calculated from the price of candles
    – The entry point of this order is filtered by the train EMA and the oscillator.
    – Calculate the integrity of the candle
2. How does it work?
    – You can see two types of order entry points: the notification on the monitor and the arrow.
    – You can trust 75-95 percent of this entry point.
3. Settings
    – A complete candle is between 61.8-100%.
    – EMA Low is the main trend, 100 – 250.
    – EMA Fast is a sub-trend of 13 – 55.
    – SMA is a filter, short term is 5 – 10.
    – RSI is to buy too much (70-90) (Overbought)
    – RSI is sell too much (10-30) (Oversold)
    – RSI is the trend (14)
4. Use
    – See the resulting arrow, you can enter the order immediately.

    – Notifications 1. Monitor 2. By email 3. Mobile phone

5. Who is suitable for?
  – Forex Time frame H1 1 or higher
  – Binary Options (M1-M15)

  – Short trade, medium trade, long trade

Test results:

Forex Engulfing 4 Umbrella MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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