Get Engulfing Bar Alerts From MetaTrader 4
Via Mobile App Push Notification, Screen Popup, Email and/or Text Message
An Engulfing Bar can be a clue that the market is going to make a decisive move. They can be especially useful in identifying market turning points.
If you trade an Engulfing Bar trading strategy, then this indicator can keep you from missing valuable setups.
Summary of How the MT4 Engulfing Bar Alerts Indicator Works
Our Engulfing Bar indicator will mark this chart pattern on the chart and send you alerts via email, mobile app push notification and/or text message (when available).
You can define which type of Engulfing Bar you are looking for: total engulfing, body engulfing only or both.
The indicator can mark Engulfing Bars on your chart, or you can hide them and only use the alerts.
Indicator Settings Explained
Here are the settings that are available for this indicator.
- DoAlert – Activate on-screen Engulfing Bar alerts in Metatrader 4.
- DoNotification – Activate Metatrader 4 mobile app push notifications. Push notifications need to be setup in your Metatrader 4 settings for this to work.
- DoEmail – Activate email alerts. Email alerts need to be setup in your Metatrader 4 settings for this to work.
- MarkOutsideBarOnChart – You can remove the Engulfing Bar markers on your charts to keep your charts clean (select false). Even if you remove the markers, the alerts will still work.
- EngulfType – Define the type of Engulfing Bar you want to get alerts for:
- HighLowEngulfing – The high and low of the Engulfing Bar have to engulf the entire previous bar.
- BodyEngulfing – The high and low of the Engulfing Bar body has to engulf the body of the previous bar.
- PlotAboveBar – When set to “true” the marker will be drawn above each candle. If set to “false” it will be drawn below the candle.
- OutsideBarSymbol – Metatrader wingdings symbol number that is used to mark Engulfing Bars.
- PlotOffsetPnts – Sets the distance between the Engulfing Bar markers and the bars. If you trade on higher timeframes, you may need to increase this number.
Hedge Fund Quality Programming and Support
Are you tired of downloading half-baked indicators from forums? It can take forever to find one that actually works and good luck getting support.
This indicator has been custom built from the ground up by Adam Hartley of Snapdragon Systems. Adam has done custom programming for clients like the Tudor Group, Barclays Capital and many more.
When you buy this indicator, you can be assured that you are getting the highest quality programming at a reasonable price. Snapdragon Systems provides full support for this indicator and you can contact them if you have any questions.
Frequently Asked Questions
Click the “+” symbol to see the answer to each question.