This indicator will show on the graph all the bullish end/or bearish engulfing candles with :
- Light green arrow under bullish engulfing
- Light red arrow above bearish engulfing
Can be used on all timeframe from the smallest to the largest.
The criteria, characteristics, of the engulfings candles are adjustables in a very simple way and without having to modify any line of the code. Just click on “Configure” 🔧 to change many settings.
The values shown above are given as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.
The indicator will display the arrows on engulfing candles according to the adjustables criterias. So you can display only the bullish engulfing, with or without volume increase, etc…
Find engulfing on the stock market using our Engulfing Screeners
Adjustable validation criteria :
- Bearish trend before a bullish engulfing
- Bullish trend befoir a bearish engulfing
- Volume increasing on the second candle
- Percentage of volume increase
Available filters :
- Bullish engulfings
- Bearish engulfings
- Wicks included
- Confirmation candle
Characteristics :
- Works on all TimeFrames
- ProRealTime V11 and later versions compatible,
- Free ProRealTime (daily closings) compatible,
- Automatic and free updates.
Watch the video user’s guide on our Youtube channel, subtitles available in English :
🇫🇷 Englobante / 🇮🇹 Engulfing / 🇩🇪 Verschlingen / 🇪🇸 Envolvente
Reviews
There are no reviews yet.