Candlestick patterns ENGULFING
The indicator displays Engulfing candlestick pattern on the chart.
Colors and notifications are customizable. Trends can be filtered by extreme points and MA. Candle body/wick ratio filter is also provided.
The indicator shows good results on H1, H4, and D1.
Signals are not re-painted. Indicator values based on MA filtration show a very high percentage of profitable signals.
- Number of points for the calculation history - number of bars for calculation in history
- Frame Color Buy - Buy frame color
- Frame Color Sell - Sell frame color
- Use visual alert - use visual alert
- Setting a pattern - Engulfing pattern settings
- Display pattern - display Engulfing pattern
- The candle must close - self-explanatory
- Number of candles to determine the trend - self-explanatory
- A method of determining the trend - self-explanatory
- Time Frames MA - MA timeframe
- Period MA - MA period
- MA Shift - MA shift
- MA Method - MA averaging method
- MA Price - MA price calculation