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An Indicator that identifies an engulfing pattern

MQL4 Göstergeler

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Nice and straightforward person to work with. It's nice working with him.

Şartname

I am looking for someone to create an indicator that recognises the engulfing pattern.


However, I do have strict rules/requirements for a specific engulfing pattern.


These are the rules:


BULLISH ENGULFING

If the highest price ( Wick) of a red ( Bearish) candle is within the body ( i.e between the open and closing price) of the first bullish

candle that closes since the red candle closed, place a blue arrow on the red candle

- see attached Bullish engulfing v1 and v2

 

important - if a candle closes below the closes below the closing price of the red candle before the rule above is met, It is invalid and I dont want it to show

-- see attached bulish engulfing v3


The rules for a BEARISH ENGULFING is the exact opposite


if this is done well, I have 2 more orders that I want to place with the same developer.


Thanks









Dosyalar:

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bullish_engulfing_v1_valid.jpg
2.7 Kb
JPG
bullish_engulfing_v2_valid.jpg
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bullish_engulfing_v3_invalid.jpg
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