PROTECTED SOURCE SCRIPT

GeniusInvest Engulfing Candles

53
The Engulfing Candles Indicator is a precision price-action tool designed to highlight true bullish and bearish engulfing patterns directly on the chart — without clutter, repainting, or lag.

This indicator automatically detects engulfing candles based on strict candle-body logic, making it ideal for traders who rely on raw price action, market structure, and clean confirmations.

• Bullish Engulfing Candles
• Current bullish candle fully engulfs the body of the previous bearish candle
• Indicates potential upside momentum or reversal
• Bearish Engulfing Candles
• Current bearish candle fully engulfs the body of the previous bullish candle
• Indicates potential downside momentum or reversal

This indicator does not guarantee profits and should not be used as a standalone trading system.
Always use proper risk management, stop losses, and confluence with market structure.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.