PROTECTED SOURCE SCRIPT
High Accuracy Engulfing Strategy [PIPNEXUS]
Title: EMA Engulfing Setup
Description:
This indicator focuses on identifying strong engulfing patterns that form around the EMA line, helping traders catch high-probability moves in line with market direction.
Concept Overview:
The idea is simple — when both the engulfing candle and the candle being engulfed have their bodies touching the EMA line, it often represents a key point of rejection or continuation. These areas can produce clean entries with strong momentum.
How to Use:
1. Wait for a valid engulfing formation near the EMA line.
Both the engulfing and the engulfed candles should have their bodies touching the EMA.
2. Enter in the direction of the engulfing candle once the pattern is confirmed.
3. For pinpoint entries, observe the market during session changes (especially in the first 3–5 minutes after a session opens).
4. For longer and more stable trades, look for the same pattern on 15-minute or 1-hour charts.
5. Always align your trades with the prevailing market structure and avoid counter-trend setups.
Note:
This indicator is designed for technical and educational use. It does not generate buy or sell signals automatically, nor does it guarantee performance. Use it alongside your own market analysis and proper risk management.
Description:
This indicator focuses on identifying strong engulfing patterns that form around the EMA line, helping traders catch high-probability moves in line with market direction.
Concept Overview:
The idea is simple — when both the engulfing candle and the candle being engulfed have their bodies touching the EMA line, it often represents a key point of rejection or continuation. These areas can produce clean entries with strong momentum.
How to Use:
1. Wait for a valid engulfing formation near the EMA line.
Both the engulfing and the engulfed candles should have their bodies touching the EMA.
2. Enter in the direction of the engulfing candle once the pattern is confirmed.
3. For pinpoint entries, observe the market during session changes (especially in the first 3–5 minutes after a session opens).
4. For longer and more stable trades, look for the same pattern on 15-minute or 1-hour charts.
5. Always align your trades with the prevailing market structure and avoid counter-trend setups.
Note:
This indicator is designed for technical and educational use. It does not generate buy or sell signals automatically, nor does it guarantee performance. Use it alongside your own market analysis and proper risk management.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.