PROTECTED SOURCE SCRIPT
Low Volume Engulfing
This Pine Script (version 6) defines a trading indicator called "Low Volume Engulfing" (LVE) that runs on the price chart (overlay = true). It detects bullish and bearish engulfing patterns with a volume filter, where the current candle’s volume must be lower than the previous candle by a user-defined threshold. Key features include:
Volume-based engulfing detection with a configurable threshold.
Engulfing tolerance to allow slight misalignment in high/low ranges.
Optional P&L visualization: draws entry, stop loss, take profit lines, and colored boxes over a defined length.
Customizable visuals: signal colors, risk/reward ratio, and visualization length.
Alerts for bullish and bearish LVE signals.
Volume-based engulfing detection with a configurable threshold.
Engulfing tolerance to allow slight misalignment in high/low ranges.
Optional P&L visualization: draws entry, stop loss, take profit lines, and colored boxes over a defined length.
Customizable visuals: signal colors, risk/reward ratio, and visualization length.
Alerts for bullish and bearish LVE signals.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。