Topic: engulfing indicator

Hi guys. Congratulations for this amazing work. I am a price action fan, and I think that a certain lack of this kind indicators is one of the things to improve in FSB.


Could someone make an indicator for engulfing candles?:

Red engulfing candles: close of the candle < low of previous candle and previous candle is green
Green engulfing candles: close of the candle < high of previous candle and previous candle is red

I have a lot of strategies based on engulfing candles; I think they r the most powerful pattern.

Thanks in advance!

Re: engulfing indicator

I remembered there was one, and I managed to find it! It's in previous indicator version so I converted it to the new format.

Original link:forexsb.com/forum/topic/3216/candlestick-patterns/

Indi creation credits go to Jag.

Find indi below.

Post's attachments

Engulfing Candles v1.cs 4.84 kb, 33 downloads since 2015-02-02 

You don't have the permssions to download the attachments of this post.

Re: engulfing indicator

Thanks Footon!. Very helpful (once again). Unvaluable work. People like you make possible this great project.

Re: engulfing indicator

No problems smile

Re: engulfing indicator

Footon

Will this indicator work in an MT4 ea......

thanks

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: engulfing indicator

Here it is. Please upload it in the Repo.

Post's attachments

Engulfing_Candles_v1.mqh 4.49 kb, 14 downloads since 2015-06-13 

You don't have the permssions to download the attachments of this post.