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.
I like this code.. But i think bearsih foncitions not working... Because i dont see anything about the bearish bars on the chart..
a_guy_from_wall_street
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@Adil_Hoca, glad you liked the script, I'm personally using this and it's working fine for both but sometime it skips some setup and I don't know the reason yet. I'll fix it as soon as possible. Thanks for the feedback btw, appreciate it.
Adil_Hoca
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@a_guy_from_wall_street, thank you so much... I realized it was my fault. Fixed. You are great.