Thanks For Ogirinal Source Script From mladen for Engulfing Script and @KP_House, @JusInNovel, jdehorty for Dashboard and Indicator Original From X4815162342 MA TYPE Cross Edit For Forex Engulfing and HH LL Trading Style
Let's Me Explain About This Indicator LightGreen Diamond "3Engulfing" is Bullish Confrim Engulfing 3 Candle LightRed Diamond "3Engulfing" is Bearish Confrim Engulfing 3 Candle Yellow ArrowUp is Normal Bullish Engulfing Candle White ArrowDown is Normal Bearish Engulfing Candle UpperBandLine, MiddleBandLine, LowerBandLine is Range Of Swing Price Little Green Triangle is Signal To Buy Little Red Triangle is Signal To Sell
How To Use Indicator For Trading 1. Confrim Signal Step 1.1) Bullish Trend 1.1.1) If Close Price < LowerBandLine 1.1.2) Must Have LightGreen Diamond "3Engulfing" 1.1.3) Direction Of BandLine are Up like this (↗) 1.1.4) Have a Cluster of Green Triangle 1.1.5) Sto Background Color is Green **1.1.6) It's Good If Have a Yellow Direction Arrow Up (↗) but If Not Have a Yellow Direction Arrow Up (↗) No Problem 1.2) Bearish Trend 1.2.1) If Close Price > UpperBandLine 1.2.2) Must Have LightRed Diamond "3Engulfing" 1.2.3) Direction Of BandLine are Down like this (↘) 1.2.4) Have a Cluster of Red Triangle 1.1.5) Sto Background Color is Red **1.2.6) It's Good If Have a White Direction Arrow Down (↘) but If Not Have a White Direction Arrow Down (↘) No Problem 2. Trend Following for Short-Term/Mid-Term 2.1) Bullish Follow 2.1.1) Have a Cluster of Green Triangle 2.1.2) Have a Yellow Direction Arrow Up (↗) >>(or)<< LightGreen Diamond "3Engulfing" 2.2) Bearish Follow 2.2.1) Have a Cluster of Red Triangle 2.2.2) Have a White Direction Arrow Down (↘) >>(or)<< LightRed Diamond "3Engulfing" 3. TP and SL - If You Following Trend or Confirm Signal 3.1) Bullish TP/SL 3.1.1) TakeProfit (TP) 3.1.1.1) Can TP IF Close > MiddleBandLine or CrossingUp (Sometime Not Large But More Time for TP From Intraday) 3.1.1.2) Can TP If Price Candle Breake UpperBandLine and Have a LightGreen Diamond "3Engulfing" or Have a Invert Arrow Direction 3.1.2) StopLoss (SL) 3.1.2.1) Can SL After Your Open Long/Buy Position by SwingLowLine 3.2) Bearish TP/SL 3.2.1) TakeProfit (TP) 3.2.1.1) Can TP If Close < MiddleBandLine or CrossingDown (Sometime Not Large But More Time for TP From Intraday) 3.2.1.2) Can TP If Price Candle Breake LowerBandLine and Have a LightRed Diamond "3Engulfing" or Have a Invert Arrow Direction 3.1.2) StopLoss (SL) 3.1.2.1) Can SL After Your Open Short/Sell Position by SwingHighLine
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Update V1.7 - Confirm Close Bar Before Sent Alert - Edit Alert Message
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Update V1.8 - Edit Wording and Alert Text - Add Enable/Disable to show table trend analyze