Advanced Engulfing Candles

2024年1月18日

There are a plenty of Engulfing candle detecting indicators but every single of them detect engulfing candles engulfed by only single candle but sometime it take more then one candle to engulf the previous opposite candle, which is also considered as engulfing candle.
So this script show both type of candles.
Type of Engulfing Candles


Normal Engulfing Candles



Candle engulfed by more then one continuous candle



I hope you will like it.
If you find any bugs or have any suggestions for any possible addition feel free to comment or DM me.

2024年9月6日

版本注释

Before :


After:



What's new :

• Added ADX Filter : Remove low probability Signals
  
• Added EMA Filter : Filter signals based on trend
  
• Added alerts.