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.
WARNING:
- This script to...
This is a bearish candlestick reversal pattern formed by two candlesticks.
Following an uptrend, the first candlestick is a up candlestick which is
followed by a down 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.
WARNING:
- For...
This is a bearish candlestick reversal pattern formed by two candlesticks.
Following an uptrend, the first candlestick is a up candlestick which is
followed by a down 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.
WARNING:
-...
Graph Reader Pro 2.0 for TradingView gives you abilities to see the stories hiding in the graphs of the stock, forex, and crypto currency markets. It counts CC59 and creates respectable support and resistance levels as well as marks and reminds you about important parameters that are happening in the graph so that you will not forget to consider them before...
I have been backtesting many known strategies. I have created this Engulfing Candle indicator which makes it easy to detect engulfing candles. I have also added a short/long signals.
Description:
Engulfing candle: If a candle's high is higher than the previous candle's high and low is lower than previous candle's low, it is called Engulfing Candle. If the...
I have redesigned the first candlestick patterns. This one works with most time frames... The only time frames that it have some difficulties is the 1min to 15min and only on the doji, because sometimes the doji doesnt have any points(pips) in movement.
1. This is a editable indicator. You can change all the colors the way you want them. I have changed my...
I realized this indicator to facilitate the Backtesting operations.
The indicator autonomously detects the Engulfings to which filters can be placed. The available filters are:
- ATR (discards Engulfings which do not have a body greater than or equal to the value of ATR)
-SWING(SWING filter, the indicator ensures that the Engulfing minimum/maximum must be the...
This indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :)
The default RSI settings for this strategy are:
RSI Overbought: 80
RSI Oversold: 20
Length: 7
When the RSI gets above 80, the line will turn red and the script will begin looking for a specific...
The default script has: Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts
The default script has: Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts .
This is the version for cryptocurrencies of my scanner for forex majors
The scope of this script is to work as a scanner of pin bars and engulfing candles of the crypto market.
Best to use with time frames Daily and 4h, lower timeframes gives too many results and may be noisy without trend filter.
Next improvement will be:
- To display in a better way the...
The scope of this script is to work as a forex scanner of pin bars and engulfing candles of the majors.
Best to use with time frames Daily and 4h, lower timeframes gives too many results and may be noisy.
Next improvement will be:
- To display in a better way the results, but actually you have to zoom in and out if some results are overlapping.
- To add allarms...
This script help to identified popular candlestick pattern combined with trend identifier.
Most script only focus on criteria of the pattern. Such as how much the length of the body compared to previous candle etc.
Besides criteria of the candle, this script also considered the trend into the logic.
For example bullish engulfing is a bullish reversal signal, which...
Most of the engulfing indicators i tried seemed to only look at the candle bodies which i didnt like. This one takes into account the highs and lows as well. You get less signals but each one seem to be more reliable.
This script will draw on your chart signs after detecting the following patterns:
1/2/3
Hammer
Shooting Star
Bullish Engulfing
Bearish Engulfing
And before that he will filter them by common technical rules
This simple indicator detects automatically most important bullish and bearish candlestick patterns formations. Used to locate potential supply and demand imbalances.
Copyright 2017 Alfonso Moreno www.set-and-forget.com
![NZDUSD: Candlestick Patterns [DW]](https://s3.tradingview.com/z/ZkzKV1TV_mid.png "Candlestick Patterns [DW]")
