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OPEN-SOURCE SCRIPT

Bearish Engulfing Strict

By veryevilone
Updated
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.
Release Notes
Users can now set up an alarms for bearish engulfings
Release Notes
Aadded bullish engulfing + alert
Release Notes
Updated chart image
BARBearish PatternsBullish PatternscandleCandlestick AnalysisEngulfing Candleengulfingsoutside

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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veryevilone

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