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NoRiskFX
25 avr. 2021 10:27

Engulfing Traps (Beta) 

Bitcoin / U.S. dollarBitstamp

Description

This indicator scans the market for entries based on engulfing candles that "trap" candles (in terms of orders and price)

The indicator also detects killzones, which are basically supply and demand zones. We like to think of these as areas of which banks are placing their orders.

The indicator gives the 2 entry lines once the a breakout candle has appeared (red or green arrow on the engulfing)

Once the arrow appears on the breakout candle, the indicator will then draw:
-2 orange lines to box up the engulfing candle
-2 entry lines (dark green)
-SL line (red)
-2 Take profit lines (bright green)

New traps are not taken when a current trap is still active

*This indicator in no way is meant to be 100% accurate, please do your own analysis before placing any trades and trade with proper risk, as this market is extremely volatile and risky. Past profits don't guarantee future results*

FOR ACCESS: Please send us a private message to gain access to this indicator.
Commentaires
cryptofutures2021
Hi @NoRiskFX , can you please provide trail access to this indicator.
akasharham
hi can u share this indicator on my ac ie akasharham
thanks
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