Introduction
The 3 Engulfing Indicator is a powerful trading tool designed to help traders identify trend reversals and strong price movements. 📈 It is based on the engulfing candlestick pattern, which signals bullish or bearish market sentiment. This indicator is especially useful for Forex, stocks, and crypto trading. 🚀
📌 How the Indicator Works
The 3 Engulfing Indicator detects a series of three engulfing candles that confirm a strong market trend. It uses multiple signals to provide traders with high-probability trade setups. Below are the key signals it generates:
✅ Bullish Confirmation (Buy Signal) 📗
- Light Green Diamond – Indicates a strong bullish engulfing pattern with three consecutive candles.
- Yellow Upward Arrow (↗) – Confirms an uptrend.
- Cluster of Green Triangles – Shows strong buying pressure.
- Sto Background in Green – Indicates bullish momentum.
❌ Bearish Confirmation (Sell Signal) 📕
- Light Red Diamond – Indicates a strong bearish engulfing pattern with three consecutive candles.
- White Downward Arrow (↘) – Confirms a downtrend.
- Cluster of Red Triangles – Shows strong selling pressure.
- Sto Background in Red – Indicates bearish momentum.
🎯 How to Use the 3 Engulfing Indicator for Trading
1️⃣ Confirming Entry Points 🚀
Before entering a trade, follow these steps:
✅ For Buy Trades:
- Price closes below the Lower Band Line.
- A Light Green Diamond (3 Engulfing) appears.
- The BandLine direction is upwards (↗).
- Green clusters of triangles appear.
❌ For Sell Trades:
- Price closes above the Upper Band Line.
- A Light Red Diamond (3 Engulfing) appears.
- The BandLine direction is downwards (↘).
- Red clusters of triangles appear.
2️⃣ Following the Trend for Short-Term & Mid-Term Trading 🔄
📗 For Bullish Trades:
- Green Triangle Cluster indicates buying momentum.
- Yellow Arrow Up (↗) or Light Green Diamond confirms a strong trend.
📕 For Bearish Trades:
- Red Triangle Cluster indicates selling momentum.
- White Arrow Down (↘) or Light Red Diamond confirms a strong trend.
3️⃣ Setting Stop-Loss (SL) and Take-Profit (TP) 🎯
💰 For Long Trades (Buy)
📈 Take-Profit (TP):
- When price crosses the Middle Band Line.
- If price breaks the Upper Band Line with an Engulfing Signal.
🚨 Stop-Loss (SL):
- Set below the Swing Low Line after opening a buy position.
📉 For Short Trades (Sell)
📈 Take-Profit (TP):
- When price crosses below the Middle Band Line.
- If price breaks the Lower Band Line with an Engulfing Signal.
🚨 Stop-Loss (SL):
- Set above the Swing High Line after opening a sell position.
🏆 Why Use the 3 Engulfing Indicator?
✅ Identifies high-probability trades with clear bullish and bearish signals.
✅ Provides strong entry & exit points to maximize profits.
✅ Reduces risk with effective stop-loss strategies.
✅ Works across multiple timeframes for scalping, swing trading, and trend-following strategies.
🎯 Final Thoughts
The 3 Engulfing Indicator is a must-have tool for traders looking to identify strong trends and reversals with precision and confidence. Whether you are a beginner or an experienced trader, this indicator can enhance your trading performance. 🚀
✅ Use it in combination with other indicators (such as Moving Averages & RSI) for better confirmation.
✅ Practice on a demo account before using real capital.
✅ Manage risk wisely with Stop-Loss & Take-Profit levels.
💡 Ready to take your trading to the next level? Try the 3 Engulfing Indicator today! 🚀Introduction
The 3 Engulfing Indicator is a powerful trading tool designed to help traders identify trend reversals and strong price movements. 📈 It is based on the engulfing candlestick pattern, which signals bullish or bearish market sentiment. This indicator is especially useful for Forex, stocks, and crypto trading. 🚀
📌 How the Indicator Works
The 3 Engulfing Indicator detects a series of three engulfing candles that confirm a strong market trend. It uses multiple signals to provide traders with high-probability trade setups. Below are the key signals it generates:
✅ Bullish Confirmation (Buy Signal) 📗
- Light Green Diamond – Indicates a strong bullish engulfing pattern with three consecutive candles.
- Yellow Upward Arrow (↗) – Confirms an uptrend.
- Cluster of Green Triangles – Shows strong buying pressure.
- Sto Background in Green – Indicates bullish momentum.
❌ Bearish Confirmation (Sell Signal) 📕
- Light Red Diamond – Indicates a strong bearish engulfing pattern with three consecutive candles.
- White Downward Arrow (↘) – Confirms a downtrend.
- Cluster of Red Triangles – Shows strong selling pressure.
- Sto Background in Red – Indicates bearish momentum.
🎯 How to Use the 3 Engulfing Indicator for Trading
1️⃣ Confirming Entry Points 🚀
Before entering a trade, follow these steps:
✅ For Buy Trades:
- Price closes below the Lower Band Line.
- A Light Green Diamond (3 Engulfing) appears.
- The BandLine direction is upwards (↗).
- Green clusters of triangles appear.
❌ For Sell Trades:
- Price closes above the Upper Band Line.
- A Light Red Diamond (3 Engulfing) appears.
- The BandLine direction is downwards (↘).
- Red clusters of triangles appear.
2️⃣ Following the Trend for Short-Term & Mid-Term Trading 🔄
📗 For Bullish Trades:
- Green Triangle Cluster indicates buying momentum.
- Yellow Arrow Up (↗) or Light Green Diamond confirms a strong trend.
📕 For Bearish Trades:
- Red Triangle Cluster indicates selling momentum.
- White Arrow Down (↘) or Light Red Diamond confirms a strong trend.
3️⃣ Setting Stop-Loss (SL) and Take-Profit (TP) 🎯
💰 For Long Trades (Buy)
📈 Take-Profit (TP):
- When price crosses the Middle Band Line.
- If price breaks the Upper Band Line with an Engulfing Signal.
🚨 Stop-Loss (SL):
- Set below the Swing Low Line after opening a buy position.
📉 For Short Trades (Sell)
📈 Take-Profit (TP):
- When price crosses below the Middle Band Line.
- If price breaks the Lower Band Line with an Engulfing Signal.
🚨 Stop-Loss (SL):
- Set above the Swing High Line after opening a sell position.
🏆 Why Use the 3 Engulfing Indicator?
✅ Identifies high-probability trades with clear bullish and bearish signals.
✅ Provides strong entry & exit points to maximize profits.
✅ Reduces risk with effective stop-loss strategies.
✅ Works across multiple timeframes for scalping, swing trading, and trend-following strategies.
🎯 Final Thoughts
The 3 Engulfing Indicator is a must-have tool for traders looking to identify strong trends and reversals with precision and confidence. Whether you are a beginner or an experienced trader, this indicator can enhance your trading performance. 🚀
✅ Use it in combination with other indicators (such as Moving Averages & RSI) for better confirmation.
✅ Practice on a demo account before using real capital.
✅ Manage risk wisely with Stop-Loss & Take-Profit levels.
💡 Ready to take your trading to the next level? Try the 3 Engulfing Indicator today! 🚀