Engulfing Candles

bullish

bearish

Cryptocurrency

Created: 2022-05-08 10:54:37

Last modified: 4 years ago

Copy: 5

ChaoZhang

1778

Followers

This script shows you where a candle is either bullish or bearish engulfing the previous candle.

A GREEN triangle below the bar pointing UP indicates that the candle is BULLISH engulfing the previous candle
A RED triangle ABOVE the bar pointing DOWN indicates that the candle is BEARISH engulfing the previous candle

backtest

Source

Pine

/*backtest
start: 2022-02-07 00:00:00
end: 2022-05-07 00:00:00
period: 1h
basePeriod: 15m
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

//@version=3
study("Engulfing Candles", overlay = true)
//strategy("Engulfing Candles") //keep this commented out unless backtesting

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