OPEN-SOURCE SCRIPT
Special Engulfing Bars
Explanation of the Code:
Bullish Engulfing:
low <= low[1]: The low of the current candle is lower than or equal to the low of the previous candle.
close >= close[1]: The close of the current candle is higher than or equal to the close of the previous candle.
close > open: The current candle is bullish.
open[1] > close[1]: The previous candle is bearish.
Bearish Engulfing:
high >= high[1]: The high of the current candle is higher than or equal to the high of the previous candle.
close <= close[1]: The close of the current candle is lower than or equal to the close of the previous candle.
close < open: The current candle is bearish.
open[1] < close[1]: The previous candle is bullish.
Plot shape: Displays a signal on the chart when a bullish engulfing pattern (green color) or a bearish engulfing pattern (red color) is detected.
Alert condition: Sets an alert to send a notification when a bullish or bearish engulfing pattern is detected.
Bullish Engulfing:
low <= low[1]: The low of the current candle is lower than or equal to the low of the previous candle.
close >= close[1]: The close of the current candle is higher than or equal to the close of the previous candle.
close > open: The current candle is bullish.
open[1] > close[1]: The previous candle is bearish.
Bearish Engulfing:
high >= high[1]: The high of the current candle is higher than or equal to the high of the previous candle.
close <= close[1]: The close of the current candle is lower than or equal to the close of the previous candle.
close < open: The current candle is bearish.
open[1] < close[1]: The previous candle is bullish.
Plot shape: Displays a signal on the chart when a bullish engulfing pattern (green color) or a bearish engulfing pattern (red color) is detected.
Alert condition: Sets an alert to send a notification when a bullish or bearish engulfing pattern is detected.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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