[astropark] Engulfing that matters
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
![[astropark] Breaker Blocks, Supply Demand Order Blocks](https://s3.tradingview.com/y/ykzF8fOY_mid.png)
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
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
![[astropark] Pinbar that matters](https://s3.tradingview.com/l/lndKnFpE_mid.png)
This is a premium indicator, so send me a private message in order to get access to this script.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact astropark directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact astropark directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.