⛳ Engulfing Candles (Bullish and Bearish ) with Trend Recognition | by Octopu$
This Indicator identifies and plots Engulfing Candlestick Patterns. Engulfing Candles are a combination of two bars on a price chart. They are used to indicate/anticipate a market reversal. The second candlestick must be bigger than the first, so it 'engulfs' the previous bar.
This indicator identifies both Price Movements: Bullish stands for Upside Bearish stands for Downside
These are NOT entry/exit signals to buy or sell securities* (*The combination of your understanding and analysis as well as other Indicators and Factors as Confluence, you can improve your Charting Analysis.)
• Color Picker • Symbol Selector • Toggle On/Off • Show name • Trend Direction
Notes:
v1.0 Indicator release.
Changes and updates can come in the future for additional functionalities or per requests. Follow and Stay Tuned! Did you like it? Please Support and Shoot me a message! I'd appreciate if you dropped by to say thanks! Thank you.