Characteristics of the Engulfing Pattern Indicator

Characteristics of the Egulfing Pattern Indicator:

Platform: MT4

Timeframes: ALL (Best H4 to W1)

Currency pairs: ALL (the more volatility the better)

Trading Time: around the clock

Improvements: We have added an indicator “Currency Pair Changer” that will make trading easier for you because just by clicking on the desired pair and timeframe, it will change the chart without having to open several tabs simultaneously! This streamlines trading to find the pair in which to make your entries.

Now let’s look at how many correct entries it detects in 1 single currency pair in M1 (Attention Binary Traders)

See how many correct entries it detects in 1 single currency pair in M5 (Attention Binary Traders – Scalpers).

Now let’s look at a higher timeframe H4. A lot of accurate signals:

Remember: Higher timeframe = more accurate signals