Description:
The Engulfing 13EMA is a Multi Timeframe Indicator that scans multiple Symbols which will help you to identify potential trade set ups.
as well as Forex, it can scan Crypto, Exotics, Metals, Indices, Energies or what else you have in your Market watch list.
in addition you have the option to let/disable the time frames you want to scan. (M1,M5,M15,M30,H1,H4,D1,W1,MN1)
All these choices are made possible by just one chart, from which the Indicator is attached
An alert is presented when the 13EMA passes through certain Engulfing candles, based on certain parameters with the 50EMA close by.
For each symbol alert, an individual chart will automatically open and a Green Up arrow or a Red Down arrow will present on the chart showing a potential trade set up.
There is a Chart Template file, that will need to be added to your MT4 and is preloaded with 5 different EMAs, which will help you determine the best Alerts.
Full Installation Instructions and Chart Template can be downloaded from the Discord Group.
https://discord.gg/U4dDcSYRvN
Settings:
By default, the following settings are applied
– All 28 Main Currency Pairs Enabled
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– Pop Up Alert Enabled
– Sound Alert Enabled
– Open Chart on Signal Enabled
– Screen Shot Enabled
– M15, M30, H1, H4, D1, W1, MN1 Enabled
– 5