0% found this document useful (0 votes)
5 views1 page

Engulfing Candle Trading Indicator

Uploaded by

David
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
0% found this document useful (0 votes)
5 views1 page

Engulfing Candle Trading Indicator

Uploaded by

David
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 = '@mindsetytrading',
short_name = 'Engulfing',
icon="indicators:MGR"}

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 TRADER",
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 TRADER",
put_color)
end
end

You might also like