Complete Engulfing pack is including :

• Engulfing Indicator
• Engulfing Screener for all Timeframes
• Engulfing Screener multi timeframe for intraday trading

The indicator will show you at first glance the engulfing candles detected by the screener.

Everyone has his own search criterias to search for bullish and bearish engulfings , this screener has many adjustables parameters so that everyone can have his own tool. These settings are done in a very simple way and without having to modify the code.

To adjust the indicator, just click on “Configure” 🔧 to  change many settings :

To adjust screeners parameters, simply open the Variables 🔧 menu  :

In both Screeners, a first filtering of stocks is carried out on the Daily time frame according to 2 criterias :

• minimum stock price (for those who do not wish to have a penny in the results for example)
• minimum average volume (expressed in number of transactions or capital exchanged) to have the desired level of liquidity on the stock.

Results are sorted by criteria 1 or 2 in the “Long / Short” column :

• 1 = Bullish engulfing
• 2 = Bearish engulfing

The values shown above are given, as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.

General filter :

• Minimum stock price
• Minimum average volume
• Average volume expressed in transaction number or in capital exchanged

Characteristics :

• Works on all TimeFrames
• 1 screener specific for intraday trading
• ProRealTime V11 and later versions compatible
• Free ProRealTime (daily closings) compatible (except intraday screener)
• Automatic and free update

 

Watch the video user’s guide on our Youtube channel, subtitles available in English :

🇫🇷 Englobante / 🇮🇹 Engulfing / 🇩🇪 Verschlingen / 🇪🇸 Envolvente