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Bull and Bear Engulfing Indicator

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anmaysharma44
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10 views1 page

Bull and Bear Engulfing Indicator

Uploaded by

anmaysharma44
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd

instrument {overlay = true,

name = '@Ovideltree_',
short_name = 'ENGF',
icon="indicators:BEARS"}

input_group { "CALL - UP COLOR", call_color = input { default="#00FF00", type =


[Link] } }
input_group { "PUT - DOWN COLOR", put_color = input { default="#FF0000", type =
[Link] } }

if ((close[1] < open[1]) and (close > open) and (close > high[1]) and close[1] >=
open) then

plot_shape(1,
'Bull_Engulfing',
shape_style.arrowup,
shape_size.huge,
call_color,
shape_location.belowbar,
0,
"COMPRA VITOR",
call_color )
else
if ((close[1] > open[1]) and (close < open) and (close < low[1]) and close[1]
<= open) then

plot_shape(1,
'Bear_Engulfing',
shape_style.arrowdown,
shape_size.huge,
put_color,
shape_location.abovebar,
0,
"VENDA VITOR",
put_color)
end
end

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