ENG: This indicator includes the SMA line colored according to the price position, the RSI to identify the bearish or the bullish points, the Engulfing bars, the clock and the information panel showing the countdown to the candle closing. SMA: default period is set to 50. It can change from the settings. Definition of SMA line default colors: When the price...
Shows bulling engulfing patterns only if above >50 rsi and Shows Bearish engulfing patterns only if above <50 rsi . Very simple. Indicator Conditions RSI above 50 overbought/below 50 oversold, price is above/below) Entry Reasons (eg. a bullish or bearish engulfing candle)
Indicator that highlights Hammer, Inverted Hammer, Engulfing, and Harami candlestick patterns. Great for those looking for a quick way to show the most popular reversal patterns on the charts. Options will allow you to select to show Hammers, Engulfing or Harami patterns only. You choose the combinations that you want. Great tool to learn and training your...
This indicator scans the market for entries based on engulfing candles that "trap" candles (in terms of orders and price) The indicator also detects killzones, which are basically supply and demand zones. We like to think of these as areas of which banks are placing their orders. The indicator gives the 2 entry lines once the a breakout candle has appeared (red...
This indicator let us automatically detect and color the strongest and most powerful Engulf Patterns in any time frame. Its difference and great potential regarding other existing indicators is that its formula takes into account the average size of the previous candles throughout the ATR, therefore, it only indicates the really strong ones that interest us for...
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...
This is strategy based on the popular candle pattern, the ENGULFING candle together with multiple EMA for small and big length, in this case 5,20,50 and 200. The logic for long is the next one, we have a big engulf candle, meaning the the engulf low is lower than the previous low and the high of the candle is higher than the previous candle, together with close...
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...
The strategy contains Bearish and Bullish Engulfing trend reverse alerts with entry and closure notifications. Entries are enforced by Directional Movement Index (DMI) indicator levels combination. The strategy can be applied to spot, futures and marginal trading exchanges. It is suitable for both long and short positions and works accurately with BTC, USDT, ETH...
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:...