PROTECTED SOURCE SCRIPT
GeniusInvest Engulfing Candles
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.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.