OPEN-SOURCE SCRIPT
Engulfing/Inside Bars
Very basic script to help discretionary traders with their candlestick pattern analysis
This script shows a colored arrow on top or below the candlestick indicating a bearish/bullish inside bar formation
also shows text with "bull" or "bear" on top of the candle when a bullish or bearish engulfing pattern surges.
big thanks to the pinescript reference manual & everyone that has open source codes bc i got stuck 50 bajillion times
Cheers.
This script shows a colored arrow on top or below the candlestick indicating a bearish/bullish inside bar formation
also shows text with "bull" or "bear" on top of the candle when a bullish or bearish engulfing pattern surges.
big thanks to the pinescript reference manual & everyone that has open source codes bc i got stuck 50 bajillion times
Cheers.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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