VR Devouring Mode - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
A simple indicator, which informs the trader about the appearance of "Bullish Engulfing" or "Bearish Engulfing" candlestick patterns on all timeframes.
The program generates an alert with this message.
The indicator is written as simple as possible and will be helpful to novice programmers.
Attachment download
📎 vr_engulfing_pattern.mq4 (3.04 KB)
Source: MQL5 #14336
VR Devouring Mode - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
VR Devouring Mode - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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