This is an experimental candlestick pattern that combines pinbars and engulfing patterns as my own implementation. These signals can be used as a possible reversal points based on timeframe used or set wick size. Of course these signals should never be used on their own but rather can be used as another confluence of possible entry signal. Functional and Manual...
The Candle Hunter Indicator - by Karoshi Trading The Candle Hunter Indicator is based on specific Candlesticks and Patterns. Activating this indicator will mark all specific Bullish & Bearish Candles on the Chart. Depending on your settings, not all candles will be displayed on the chart. The goal of this indicator is, to highlight all the important trending...
What This Indicator Does The Forex Master Pattern uses candlesticks, which provide more information than line, OHLC or area charts. For this reason, candlestick patterns are a useful tool for gauging price movements on all time frames. While there are many candlestick patterns, there is one which is particularly useful... The Engulfing Pattern An engulfing...
This script is the combination of RSI and Engulfing Pattern How it works 1. when RSI > 70 and form the bullish engulfing pattern . it gives sell signal 2. when RSI < 30 and form the bearish engulfing pattern . it gives buy signal settings: basic setting for RSI has been enabled in the script to set the levels accordingly to your trades
⛳ Engulfing Candles (Bullish and Bearish ) with Trend Recognition | by Octopu$ This Indicator identifies and plots Engulfing Candlestick Patterns. Engulfing Candles are a combination of two bars on a price chart. They are used to indicate/anticipate a market reversal. The second candlestick must be bigger than the first, so it 'engulfs' the previous bar. This...
Liquidity engulfing candles (LEC) are a variant of a common candlestick pattern: engulfing candles but with a couple extra conditions applied. These conditions expect highs/lows to be taken out in order to show a continuation or reversal signal. Filter 1: Stop Hunt Wick Filter This filter requires the candle to wick into the prior candles high or low ( bullish =...
Candlestick Channels return channels whose extremities converge towards the price when a corresponding candlestick pattern is detected. This allows for us to obtain more reactive extremities in the presence of a cluster of candlestick patterns. The detected candlestick patterns are also highlighted with labels on your chart automatically. Settings Trend...
This is a Engulfing Candle Indicator with Alerts. This is not like any other Engulfing candle indicator present on TV. There are some special rules that are being used to identify specific engulfing candles. Also, the user can choose if they like nice body engulfing or they want to ignore them. The indicator have the following highlights: 1) Ability to choose...
This is a Bullish Engulfing Candle Indicator with Alerts. This is not like any other Bullish Engulfing candle indicator present on TV. There are some special rules that are being used to identify specific engulfing candles. Also, the user can choose if they like nice body engulfing or they want to ignore them. The indicator have the following highlights: 1)...
This is a Bearish Engulfing Candle Indicator with Alerts. This is not like any other Bearish Engulfing candle indicator present on TV. There are some special rules that are being used to identify specific engulfing candles. Also, the user can choose if they like nice body engulfing or they want to ignore them. The indicator have the following highlights: 1) ...
A simple script to filter out bullish and bearish engulfing candles. Size of candles can be filtered.
A simple indicator that marks FULL CANDLE engulfing candles... current high > previous high current low < previous low bullish: close > open (triangle below) bearish: close < open (triangle above) A lot of the engulfing indicators available are body only. I created a FULL CANDLE indicator because that's what I prefer using. Can be useful for...
A trading strategy screener is an idea of a visual alert for those who're trading particular strategies and facing a lack of capability of monitoring many symbols simultaneously, so this kind of tool could be more efficient to keep managing trading plans smoothly and quickly. I developed this screener as an idea more than providing legend strategies. This...
This indicator is a spin-off of the popular TMA Overlay indicator made by request of the original author that narrows down the scope to simply identifying a couple of key candlestick patterns - Engulfing candles and 3 Line Strikes. In addition to being a far more tailored and purpose-specific indicator, we have also update the indicator code to the latest version...
Bearish and Bullish engulfings as taught by Tom Dante Piccin. Different from other bullish/bearish engulfing indicators because other indicators only want the body of the current candle to engulf the previous body. This indicator needs the low and high of the current candle to engulf the previous one and also in the example of a bullish engulfing close above the...
Divergence Fractals combine divergence candlestick patterns with concepts pioneered by Bill Williams and George Lane to create a precise trend following tool that responds very well to the FX market. This indicator is built off of my Neo Fractal data set, which unlike traditional Williams fractals, track highest and lowest closes instead of higher highs and...
Indicator showing volume impulse & engulfing candlestick 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...
This indicator show's you when you have a three line strike engulfing candle, Showing you easily by changing the colour of the candle and displaying a diamond above or below to indicate whether it was a bulling or bearish signal. How To Use Simply add to your screen and allow the indicator do its thing Click the three dots to the side of the indicator and...