This script detects 6 important candlestick patterns defined by the author and puts chart labels on your chart for your attention. It also includes a smart trend checking algorithm to detect trends. The six candlestick patterns covered are: Bullish Engulfing Bearish Engulfing Piercing Line Dark Cloud Cover Bullish Harami Bearish Harami *** Smart...
The intraday bundle is a combination of this item: 1 ) Buy and Sell trailing based on the Average True Range (ATR) with an alert 2 ) 3 customizable moving average line Blue: MA 1 (5) Red: MA 2 (18) Green: MA 3 (13) 3 ) Trend line indicator Green: when CCI is positive Orange: when CCI is negative 4 ) Trend card background-color based on EMA trend...
engulfin bullish The support and resistance lines of the previous candle are drawn. You can choose the lines in any length you want
This script would find the 8 famous "Japanese Candle Stick Patterns" in your chart. Please be aware it find patterns in "Potential price zones" only, which help you to avoid none-important patterns during a price trend. I used RSI and ATR in my codes to find best candle forms and price conditions. Bellow patterns are detecting: Hammer | ShootingStar | Engulfing...
This is good old EMA (Exponential Moving Average) with a twist. The EMA line is surrounded by ATR on either side giving you visibility on how market breadth is working out. The icing on this cake is in the form of engulfing candle indications. Whenever the engulfing candle happens to be inside the size (that's upper and low ATR area limits around EMA) and the...
This script detects potential trend reverse and Buy or Sell spots. It works with finding overvalued RSI and Engulfing candle after that and plotting "Buy" or "Sell" signal on price chart. * Users can change RSI values easily from setting. Enjoy
Most Advanced & Accurate CandleStick Pattern Detector Looking All Over of All Markets for All Important Powerful Reversal | Corrective Patterns (25 type) Filtering the Results with Optional Features like Oscillator, Bollinger Bands, Volume Confirmation, Prior and Following Candles Confirmation which are Fully Customizable. With this you can detect: Hammer...
This indicator provides a statistical report on the Engulfing/ Outside Bar candlestick pattern. Based on the chart's bars, it can improve your edge on any markets and timeframes. Knowing there are many definitions about the Engulfing/ Outside Bar pattern, here we're strictly referring to one bar's body engulfing one other AND making a higher high and lower low. ...
This indicator provides a statistical report on the Engulfing candlestick pattern. Based on the chart's bars, it can improve your edge on any markets and timeframes. Knowing there are many definitions about the Engulfing pattern, here we're strictly referring to one bar's body that get engulfed by one other. The report is broken down into the different...
Note: This is a script that synthesizes a number of popular price action and candlestick patterns along with a trading strategy based on horizontal support and resistance. Scripts are used for learning and research purposes. Useage: Support and resistance are two important areas in Price Action analysis and trading. After confirming the support and resistance...
Engulfing Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Engulfing Bar indicator is an enhanced pattern of the popular Engulfing Bar to keep only the best patterns produced in the market. The strategy that comes with the Engulfing Bar is based on price action. Inputs of the indicator are:...
This indicator changes the color of the candlesticks when there’s a change in the trend to the rising or falling trend. BEARISH ENGULFING: Yellow candlestick. It is an engulfing falling trend reversal; you must make a sell decision. BEARISH HARAMI: White candlestick. Indicates a possible falling trend change, you must be alert for a possible sale. BULLISH...
Bullish Engulfing candle that considers the length of the candle and the position of the candle in a downtrend. Bearish Engulfing candle that considers the length of the candle and the position of the candle in an uptrend.
I am really excited to publish my work, I know its at the beginning but there is a lot to come in the future. I am writing a script to identify the candlestick patterns. In this version, I have added Hammer and Hanging Man Pattern in the first version, I know its less but its a beginning, I will keep adding the new information in my script in upcoming...
Hey traders! This is a simple script to show some information about the candles on your screen. Currently it shows: - Pinbars - Inside bars - Bullish engulfing candles - Bearish engulfing candles Quick explanation about the settings: - Wick to candle range ratio (default 0.7): Pinbar wick needs to be at least 70% of the candle range - Part of wick that stands...
Its a simple analysis using Candle Pattern Technique, Engulfing. The script will find the engulf candle by considering three bars before. For Bullish Engulfing it will be colored by yellow, and for Bearish will be white. I reccomend you for using this script in Daily Time Frame. Enjoyyyy!!!
Hello world, I now took the time and puzzled through my own indicator. The idea: Main "strategy" uses 3 EMAs (8, 13 and 21) to attain trend-relevant information. Then we look for bullish & bearing engulfing candles which indicate and pullback into trend direction and a gain in momentum. Trading purpose: One could now enter with next open. SL at low/high of...
Dear Followers, 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 ...