This Pine Script detects and highlights bullish and bearish engulfing candle patterns on the chart. It also plots today's Open, High, Low, and Close (OHLC) values, along with an Exponential Moving Average (EMA) based on user input. The script is designed for visual analysis and can trigger alerts for pattern recognition.
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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