Bullish and Bearish EngulfingIndicator that changes the bar's color to green if there is a Bullish Engulfing or Red if there a Bearish Engulfing Patterns.
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Bullish Engulfing automatic finding scriptHi
Let me introduce my Bullish Engulfing automatic finding script.
This is a bullish reversal pattern formed by two candlesticks. Following a downtrend,
the first candlestick is a down candlestick which is followed by an up candlestick
which has a long real body that engulfs or contains the real body of the prior bar.
The Engulfing pattern is the reverse of the Harami pattern.
