Forex Engulfing Pin Bar MT4 Indicator

Forex Engulfing Pin Bar MT4 Indicator:

About the Forex Engulfing Pin Bar MT4 Indicator

The indicator identifies two most important patterns of technical analysis – Pin Bar and Engulfing.

Settings:
  • Mincandle size for PinBar – The minimum size of the Pin-Bar candlestick;
  • Percentage of candle body on size – The percentage of the candle body in relation to its length;
  • PinBar Alert – Alert when a Pin-Bar is detected;
  • PinBar Mail – Sends an email when a Pin Bar is found;
  • PinBar Notification – Sends a push notification when a Pin Bar is detected.
  • Mincandle size for Engulfing – The minimum size of the Engulfing candle;
  • By what percentage is the absorbing candle greater than the absorbed – By what percentage is the absorbing candle greater than the absorbed;
  • Engulfing Alert – Alert when Engulfing is detected;
  • Engulfing Mail – Sending an email when a Takeover is detected;
  • Engulfing Notification – Sends a push notification when Engulfing is detected.

Test results:

Forex Engulfing Pin Bar 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)

Other forex trading Expert Advisors

Leave a Comment