SuperEngulfing: REV + RUN [Plus]

This is an overlay indicator designed to identify and highlight specific two-candle price action patterns that suggest either a potential reversal (REV) or a continuation (RUN) in the prevailing price trend.

The indicator plots distinct visual signals directly on the chart, using different shapes and labels to categorize the strength and type of the identified pattern.

Key Features
Dual Pattern Detection: Identifies two primary types of significant price action setups:

REV (Reversal): Signals suggesting a potential change in the short-term trend direction.

RUN (Continuation): Signals suggesting the current trend momentum is likely to persist.



Plus (REV+ / RUN+): Indicates a higher-confidence version of the pattern, where the price closes beyond a significant previous candle extreme.

Visual Clarity:

REV Patterns are marked with colored Triangles (up for bullish, down for bearish).

RUN Patterns are marked with colored Labels (up for bullish, down for bearish).