A chart pattern indicator for Metatrader 4 that notifies you of any bullish and bearish engulfing trading patterns. The indicator works on all timeframe’s and for all currency pairs.
A bullish engulfing pattern may indicate a forex reversal pattern when formed in a downtrending currency market. A bearish engulfing pattern may indicate a forex reversal pattern when formed in a uptrending currency market.
Free Download Link: Click here to download the forex_engulfing_pattern.mq4 indicator
Trading Alert Example
Indicator Characteristics
Currency pairs: any
Time frames: any
Platform: Metatrader 4
Type: chart pattern indicator
Customization options: colors