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Candela Engulfing

[MBBTI] Apophis MTF Engulfing ScreenerHello Traders, Apophis MTF Engulfing Screener is based on Daveatt's Engulfing Screener and will screen for engulfing candles on multible time frames. It can help detecting not obvious engulfing candles. How it works? - choose your preferable time frames - green triangle up -> bullish engulfing on this time frame - red triangle down -> bearish engulfing on this time frame Contact me if you have any questions or change requests Wuuzzaa
Indicatore Pine Script®
di TechTrendDude
7
Bullish and Bearish Engulfing and RSI, DMI and PSAR confirmationThe study combines Bearish and Bullish Engulfing pivot strategy with strong trend confirmative indicators: Directional Movement Index (DMI) Parabolic SAR RSI Bands Engulfing patterns in market provide a useful way for traders to enter the market in anticipation of a possible reversal in the trend. Engulfing candles tend to signal a reversal of the current trend in the market. This specific pattern involves two candles with the latter candle "engulfing" the entire body of the candle before it. The engulfing candle can be bullish or bearish depending on where it forms in relation to the existing trend The indicator can be applied to trading pairs with USD, USDT, ETH and BTC quote currencies. Indicator supports spot, futures and marginal trading exchanges. It calculates and compares values of the price action candles to define is there an engulfing and what type it is: bullish or bearish: If there is a bullish engulfing the indicator fills price action candle with yellow color If there is a bearish engulfing the indicator fills price action candle with purple color Advantages of this indicator: 1. This indicator reveals presence of both types of engulfing simultaneously 2. Weak engulfment signals and market noises are filtered by RSI bands, DMI and PSAR confirmations. This allows to receive only strong and confirmed engulfments 3. This indicator includes both Study with built-in custom alerts to use with your own software through web hook connection. Strategy with configurable risk management settings (order size, commission, take profit, stop loss and trailing). This provides you opportunity of direct broker connection and allows to conduct backtests before applying the strategy to real account At the chart you can see the historical price action of XBTUSD at BitMEX exchange from 9th of May 2020 till 17th of May 2020 indicator. Moments when the indicator triggered to enter a position are described with message clouds. Moments when a certain position should be closed are highlighted with circles and commented with clouds How to use? Long signals: 1. Apply indicator to the trading pair your are interested in 2. Once bullish engulfing conditions are met price action candle will be colored yellow. 3. Once price action breaks RSI resistance band, retraces and closes below the band the signal is finished and the position should be closed Short signals: 1. Apply indicator to the trading pair your are interested in 2. Once bearish engulfing conditions are met price action candle will be colored purple. 3. Once price action breaks RSI support band, retraces and closes above the band the signal is finished and the position should be closed Automatic strategy: When conditions of long or short position from the strategy are met the script opens position. Strategy.exit closes the position once risk management settings are met. Strategy.close closes the position once RSI band rejection is confirmed If you want to obtain access to the indicator please send us a personal message Best regards, SkyRock Signals team
Indicatore Pine Script®
di Skyrexio
14
Candlestick Pattern Detector - Aitch-TThis script detects the following candlestick patterns: Bullish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bullrami (Altenate Bull Harami) Bearish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bearami (Alternate Bear Harami) - Shooting Star How it works: - When you add the script to your chart, green and red dots will appear at the top and the bottom of the chart. - Red dots at the top of the chart point out the candles that have completed a bearish pattern . - Green dots at the bottom of the chart point out the candles that have completed a bullish pattern . How to use: Use it in conjunction with other analysis tools ( Fibonacci Retracements, Histogram, Willy, RSI , volume , etc) to determine high probability levels.
Indicatore Pine Script®
di Aitch-T
5
TGs The Strat Bull n Bear Engulf V1.2After accidentally violating house rules. I am republishing the script. The script is based upon #TheStrat, which is Rob Smith's way of looking at price action. It takes into account a candles ENTIRE range, wicks included. So a Bullish candle (colored however you would like) when it closes will engulf the complete range of the prior bar and indicate by painting the bar your color choice. A Bearish will do the same. In the Style menu, the first color will be the Bear color the second the Bull. Any issues please let me know. Spread THE STRAT for all of mankind.
Indicatore Pine Script®
di Trader_Green
Engulfing Look-back AlertThis script is an extension of the classical engulf pattern with added rules and user defined features. Engulfing Candle Definition: - Bullish Engulfing: Trade BELOW the prior candle's LOW and CLOSE ABOVE the prior candle's HIGH. Previous candle can be an up (bullish) or a down (bearish) candle - Bearish Engulfing: Trade ABOVE the prior candle’s HIGH and CLOSE BELOW the prior candle’s LOW. Previous candle can be an up (bullish) or a down (bearish) candle Features: - Set the look-back period for engulfing candle high and low -> default = 1; e.g. Did the bullish eng candle trade below the lows of the last 3 candles and trade above the highs of the last 4 candles? Set the input values accordingly - Choose time frame(s) engulfing candle is to be displayed on -> default = M/W/D/4H/1H/15M - Ability to enable Alerts (includes time frame alert was triggered on): IMPORTANT - when setting alerts ensure to choose "ONCE PER BAR"; otherwise alerts will NOT trigger as intended prntscr.com
Indicatore Pine Script®
di cryptovesta
11
Bull/Bear Engulf High Low LookupAllows to specify the high and low look-back period for both Bullish and Bearish engulfing candles. In essence, it is an extension of the classical engulf pattern. By default lookback period is set to 3. Can be used on any time-frame and any instrument. Previous candle is irrelevent. An engulfing candle is defined as follows: Bullish: Must trade BELOW prior candle LOW and close ABOVE prior candle HIGH Bullish: Must trade ABOVE prior candle HIGH and close BELOW prior candle LOW
Indicatore Pine Script®
di cryptovesta
2
[ssabu] Engulfing candle indicatorUpload request indicator. This is a subindex to capture a controlled can and post a message and notification when conditions are established. Climbing control is a blue background with a Bullish Engulfing Candle. The fall grip is on a red background and the Bearish Engulfing Candle. 요청지표 업로드 합니다. 장악형 캔들을 포착하여 조건이 성립하면 메시지 및 알림을 띄워주는 보조지표 입니다. 상승 장악형은 파란 배경에 Bullish engulfing candle 하락 장악형은 빨간 배경에 Bearish engulfing candle 메시지로 출력됩니다.
Indicatore Pine Script®
di ssabu
142
CryptoSignalScanner - Double High/Low & Engulfing IndicatorDESCRIPTION: This script has been designed to show the double high/low candle patterns and the Engulfing candles patterns. • This scripts is based on RSI length. • It displays a label when a Double High or Double Low candle pattern is detected. • It displays a label when a Bullish Engulfing or Bearish Engulfing candle pattern is detected. • It is also possibility to set a Double High/Low, Double High, Double Low, Bullish/Bearish Engulfing, Bullish Engulfing, or Bearish Engulfing alert. HOW TO USE: • When a Double High signal appears it means that we have probably or temporarily stopped the uptrend and could see a reversal. Most likely we will see a downtrend from here. • When a Double Low signal appears it means that we have probably or temporarily stopped the downtrend and probably could see a reversal. Most likely we will see an uptrend from here. • When a Bullish Engulfing candle appears it means that we probably made a reversal to the upside. Bullish Engulfing patterns are more likely to signal reversals when they are preceded by three or more red candlesticks. • When a Bearish Engulfing candle appears it means that we probably made a reversal to the downside. Bearish Engulfing patterns are more likely to signal reversals when they are preceded by three or more green candlesticks. • Wait for a clear reversal to buy or to sell. Use the Fibonacci tool together with the Eliot Waves to help you with this. FEATURES: • You can show/hide the labels based on RSI length and high/low input values. • You can show/hide the labels based on the % candle match. • You can show/hide the Double High/Low labels. • You can show/hide the Bullish/Bearish Engulfing labels. HOW TO GET ACCESS TO THE SCRIPT: • Use the link below to subscribe to our indicators. REMARKS: • This advice is NOT financial advice. • We do not provide personal investment advice and we are not a qualified licensed investment advisor. • All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. • We will not and cannot be held liable for any actions you take as a result of anything you read here. • We only provide this information to help you make a better decision. • While the information provided is believed to be accurate, it may include errors or inaccuracies. Good Luck, The CryptoSignalScanner Team
Indicatore Pine Script®
di seoco
BEST Ultimate Engulfing ScreenerHello traders Continuing deeper and stronger with the screeners serie. I keep getting requests private messages and requests saying that screeners aren't possible with TradingView. My answer is always... "Reallyyy ??" (I never find a better answer than that...) I'll publish a few screeners just for everyone to understand what can be done with Pinescript. We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^ I - What is an engulfing pattern Let's start with a screener to check for a very famous candlestick pattern called engulfing Engulfing candles tend to signal a reversal of the current trend in the market. This specific pattern involves two candles with the latter candle ‘engulfing’ the entire body of the candle before it. The engulfing candle can be bullish or bearish depending on where it forms in relation to the existing trend Source and more info here These engulfing candles indicate a strong shift in direction, and when combined with observation of the price-trending direction that precedes it, this shift creates the opportunity for a trading strategy. II - How did I set the screener I added an optional filter being Price vs SMA. The idea is to select only the engulfing whenever the price also breaks an SMA - this usually translates a stronger move - but could sometimes give the signal too late (#meh #trading #ain't #easy) The visual signals are as follow: - square: whenever the engine detects an engulfing and an SMA breakout - triangle: the engine only detects an engulfing - dash: none of the above Then the colors are: - orange when bullish - yellow when bearish - aqua/dash when none of the above Cool Hacks "But sir... what can we do with only 5 instruments for a screener?" I agree not much but... even if I allow only 5 instruments per indicator - nothing prevents you from adding multiple times the same indicator and changing the selected instruments for each. I also show why the SPX500 gave a yellow triangle (bearish engulfing) and how to match it with the screener. => imgur.com Wishing you all the BEST trading Dave
Indicatore Pine Script®
di Daveatt
8
Bull Bear 180 by Oliver VelezThis script detects an event created by Oliver Velez is called Bull / Bear 180, in the following images the event is detailed: - The size of the control bar can be set compared to a number of previous bars - The minimum % of the control bar body can be set - You can filter by trend - Possibility of seeing fast and slow media with direction detection and color change - Various graphic settings - Event alerts To enjoy! A thumbs up if you like me!
Indicatore Pine Script®
di Dreadblitz
13
Ultimate Pullback IndicatorWhat is the Ultimate Pullback Indicator? This indicator detects pullback trading opportunities by analyzing price action in a very specific manner. By combining simple trend filters with various advanced candlestick patterns it detects high-probability trend-continuation setups (and optional exits). If you use this script to set alerts then you will never miss a pullback trading opportunity ever again! I personally use this indicator to profitably trade pullback signals in the forex markets on multiple timeframes, from the 15-Minute chart to the 4-Hour and Daily chart. For more information visit my website: The Ultimate Pullback Indicator . How Do I Access It? I currently use this script to trade live money in the forex markets, but I’m also constantly testing and improving it. Therefore this is a constant work-in-progress and I’m always taking meticulous care to make it better. That’s why this is a premium script that requires payment to access. The other advantage of charging for it is that it retains exclusivity to only a select few dedicated traders. You can access the script by purchasing a monthly subscription on my website . If you don’t want to pay for this script then I completely understand and I have plenty of other free scripts that you might be interested in! Free Trial I’m a trader myself and so I know how skeptical you might be that this indicator is worth your time and money. That’s why I am offering a free 14 day trial of the indicator. All you need to do to initiate your trial is Join My Mailing List! How It Works When price is above the 50-EMA the script will wait for a pullback of at least two red candles. Once that condition is met, it begins searching for advanced entry patterns. The opposite is true for short trades – price must be below the 50-EMA and must pull back by at least two green candles before it will begin searching for entry reasons. Once it detects a valid entry reason it will draw a green arrow (for longs) or a red arrow (for shorts) as well as your stop loss and target price (the red and green lines). But these settings can be customized however you like. You can change the EMA to any period you want, you can adjust your stop loss distance, you can enable or disable the entry and exit reasons as you wish, and you can adjust the rules for some of the patterns. For a full list of features and visual examples visit the indicator page on my website: The Ultimate Pullback Indicator .
Indicatore Pine Script®
di ZenAndTheArtOfTrading
81
Engulfing + MACD/MACD ZL + MAHi everyone This is a simple algorithm that I used on timeframe > m30 to detect strong reversal signals based on : - Engulfing pattern - MACD ZL 12, 26, 9 - Price vs SMA 7 Last two parameters are optional but gives more security. Otherwise, waiting for confirmation gives later entry. Up to you to find the right balance between too much security (and taking the trade too late) and not enough confirmation (taking the trade too early and it will go the opposite way) I recommend the novice traders (less than 2 years trading), to stick with the 3 parameters above . It's to be used after a strong moment and as we're talking about reversals, I mean trade against the current trend. Meaning they're more risky, so... you know the drill :) : - Tight SL - Protect the position quickly when going in the way you want - Don't aim for very high TP. Have a few laddered obviously in any case - Use a trailing stop to protect your gains Hope you'll like it Enjoy Dave
Indicatore Pine Script®
di Daveatt
5
S&R Zone SignalsThis indicator allows you to specify price zones in which to detect basic candlestick patterns. In the example above, I have specified the most immediate support and resistance zones on GBP/USD and set the script to detect engulfing candles. If a bearish engulfing candle occurs within the resistance zone a signal will be generated; likewise for bullish engulfing candles within the support zone . The purpose of this indicator is to generate trading alerts when these patterns occur in order to reduce the screen-time required to monitor setups. This indicator is intended for structure traders primarily, although it could be used by anyone who uses zones and candlestick patterns to enter trades. If you leave either zone set to 0 then that zone will not be used, meaning that you can use this to detect both support and resistance signals, or only signals at support, or only signals at resistance. Settings: R1: First Resistance Price R2: Second Resistance Price S1: First Support Price S2: Second Support Price Draw Signals: Enable/Disable Visual Signals How Far To Look Back: Used For Detecting Fractal Highs/Lows Doji Size (in pips): This Changes the Size of Detected Doji Candles Hammer Wick Size: This Changes the Size of Detected Hammers/Shooting Stars Engulf Wick: If Enabled, Only Engulfing Candles That Engulf the Wick Will Be Valid Show Engulfing Candles: Enable/Disable Visual Signals For Engulfing Candles Show Doji Candles: Enable/Disable Visual Signals For Doji Candles Show Hammer Candles: Enable/Disable Visual Signals For Hammer/Shooting Star Candles Source Code: Go to zenandtheartoftrading.com for the source code – it’s free!
Indicatore Pine Script®
di ZenAndTheArtOfTrading
28
PivotBoss TriggersI have collected the four PivotBoss indicators into one big indicator. Eventually I will delete the individual ones, since you can just turn off the ones you don't need in the style controller. Cheers. Wick Reversal When the market has been trending lower then suddenly forms a reversal wick candlestick , the likelihood of a reversal increases since buyers have finally begun to overwhelm the sellers. Selling pressure rules the decline, but responsive buyers entered the market due to perceived undervaluation. For the reversal wick to open near the high of the candle, sell off sharply intra-bar, and then rally back toward the open of the candle is bullish , as it signifies that the bears no longer have control since they were not able to extend the decline of the candle, or the trend. Instead, the bulls were able to rally price from the lows of the candle and close the bar near the top of its range, which is bullish - at least for one bar, which hadn't been the case during the bearish trend. Essentially, when a reversal wick forms at the extreme of a trend, the market is telling you that the trend either has stalled or is on the verge of a reversal. Remember, the market auctions higher in search of sellers, and lower in search of buyers. When the market over-extends itself in search of market participants, it will find itself out of value, which means responsive market participants will look to enter the market to push price back toward an area of perceived value. This will help price find a value area for two-sided trade to take place. When the market finds itself too far out of value, responsive market participants will sometimes enter the market with force, which aggressively pushes price in the opposite direction, essentially forming reversal wick candlesticks . This pattern is perhaps the most telling and common reversal setup, but requires steadfast confirmation in order to capitalize on its power. Understanding the psychology behind these formations and learning to identify them quickly will allow you to enter positions well ahead of the crowd, especially if you've spotted these patterns at potentially overvalued or undervalued areas. Fade (Extreme) Reversal The extreme reversal setup is a clever pattern that capitalizes on the ongoing psychological patterns of investors, traders, and institutions. Basically, the setup looks for an extreme pattern of selling pressure and then looks to fade this behavior to capture a bullish move higher (reverse for shorts). In essence, this setup is visually pointing out oversold and overbought scenarios that forces responsive buyers and sellers to come out of the dark and put their money to work-price has been over-extended and must be pushed back toward a fair area of value so two-sided trade can take place. This setup works because many normal investors, or casual traders, head for the exits once their trade begins to move sharply against them. When this happens, price becomes extremely overbought or oversold, creating value for responsive buyers and sellers. Therefore, savvy professionals will see that price is above or below value and will seize the opportunity. When the scared money is selling, the smart money begins to buy, and Vice versa. Look at it this way, when the market sells off sharply in one giant candlestick , traders that were short during the drop begin to cover their profitable positions by buying. Likewise, the traders that were on the sidelines during the sell-off now see value in lower prices and begin to buy, thus doubling up on the buying pressure. This helps to spark a sharp v-bottom reversal that pushes price in the opposite direction back toward fair value. Engulfing (Outside) Reversal The power behind this pattern lies in the psychology behind the traders involved in this setup. If you have ever participated in a breakout at support or resistance only to have the market reverse sharply against you, then you are familiar with the market dynamics of this setup. What exactly is going on at these levels? To understand this concept is to understand the outside reversal pattern. Basically, market participants are testing the waters above resistance or below support to make sure there is no new business to be done at these levels. When no initiative buyers or sellers participate in range extension, responsive participants have all the information they need to reverse price back toward a new area of perceived value. As you look at a bullish outside reversal pattern, you will notice that the current bar's low is lower than the prior bar's low. Essentially, the market is testing the waters below recently established lows to see if a downside follow-through will occur. When no additional selling pressure enters the market, the result is a flood of buying pressure that causes a springboard effect, thereby shooting price above the prior bar's highs and creating the beginning of a bullish advance. If you recall the child on the trampoline for a moment, you'll realize that the child had to force the bounce mat down before he could spring into the air. Also, remember Jennifer the cake baker? She initially pushed price to $20 per cake, which sent a flood of orders into her shop. The flood of buying pressure eventually sent the price of her cakes to $35 apiece. Basically, price had to test the $20 level before it could rise to $35. Let's analyze the outside reversal setup in a different light for a moment. One of the reasons I like this setup is because the two-bar pattern reduces into the wick reversal setup, which we covered earlier in the chapter. If you are not familiar with candlestick reduction, the idea is simple. You are taking the price data over two or more candlesticks and combining them to create a single candlestick . Therefore, you will be taking the open, high, low, and close prices of the bars in question to create a single composite candlestick . Doji Reversal The doji candlestick is the epitome of indecision. The pattern illustrates a virtual stalemate between buyers and sellers, which means the existing trend may be on the verge of a reversal. If buyers have been controlling a bullish advance over a period of time, you will typically see full-bodied candlesticks that personify the bullish nature of the move. However, if a doji candlestick suddenly appears, the indication is that buyers are suddenly not as confident in upside price potential as they once were. This is clearly a point of indecision, as buyers are no longer pushing price to higher valuation, and have allowed sellers to battle them to a draw-at least for this one candlestick . This leads to profit taking, as buyers begin to sell their profitable long positions, which is heightened by responsive sellers entering the market due to perceived overvaluation. This "double whammy" of selling pressure essentially pushes price lower, as responsive sellers take control of the market and push price back toward fair value.
Indicatore Pine Script®
di ParCorn
7