OPEN-SOURCE SCRIPT
Volume Impulse & Candlestick Patterns - Fontiramisu
Updated
Indicator showing volume impulse & engulfing candlestick pattern.
You can set up multiple parameter for both events.
Volume Impulse :
Engulfing Pattern :
You can set up multiple parameter for both events.
Volume Impulse :
- Volume Period : Lenght of the average volume calculated.
- Volume Multiplier : Factor to compare actual volume with average volume.
Engulfing Pattern :
- VS avg body : Let you chose to compare body candle to average body of the last few candles (define with parameter : lenghtSizeAvgBody), otherwise it will be compared to the last body candle.
- Engulfing Multiplier : Factor to compare and validate the pattern.
Release Notes
- Bug Fix
- Add checkbox show volume impulse
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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