[astropark] Engulfing that matters

10. Juni 2020

Dear Followers,

today a new Price Action Tool, the "Engulfing that matters".

Everybody knows the importance of engulfing to find

• supply and demand zones
• market makers' actions
• trend switching in short-term and mid-term future

They can be both bullish or bearish, but the real problem is that not all, but only a few engulfing matters! And this tool will filter them for you.

This indicator works

• on every timeframe (eg. 5m, 15m, 30m, 1h, 2h, 4h, 6h, 1D, ...)
  
• on cryptocurrencies (eg. XBTUSD, ETHUSD, ETHBTC, both USDT and BTC markets, ...)
  
• on forex (eg. EURUSD, GPBUSD, JPYUSD, ...)
  
• on stocks (eg. AMZN, FB, TSLA, GOOG, NFLX, ...)
  
• on commodities (eg. GOLD, SILVER, OIL, ...)
  

This indicator has following options:

• edit filter based on fixed or percentage volatility change
  
• edit filter based on candle value size
  
• show a suggestion of possible entries and stoploss
  

You can enhance your trading by using it together with my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator, so you can easily spot important points where to start a short or a long trade.

Here my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator

Here below some examples on how to use the indicator.

BTCUSDT 1D


ETHUSDT 1h


BNBBTC 4h


EURUSD 30m


GBPUSD 5m


TSLA 1D


FB 4h


XAUUSD 4h


XAGUSD 15m


Brent Oil 1D



Here below an example of suggested entries on stoploss

10. Juni 2020

Versionshinweise

small bug fix.

Be sure to edit both fixed and percentage volatility options in order to have a correct filter on your chart and timeframe.

You can enhance your trading by using it together with my "Pinbar that matters" indicator

This is a premium indicator, so send me a private message in order to get access to this script.