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Bullish & Bearish Engulfing

Cryptocurrency
Created: 2022-08-28 13:17:09
Last modified: 4 years ago
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//@version=5
indicator("Bullish & Bearish Engulfing", overlay=true)

engulfScale = input.float(3.0, "Scale of engulfing candle", minval = 1.0, step = 0.1, tooltip="Scale factor of engulfing candle compared to previous candle")

// Input minimum engulfing candle size
candlePipSize = input.int(30, "Minimum Candle size in pips", minval = 10, tooltip="To gauge if worth entering a trade")

// Make sure the shadow is bigger than previous candle
//engulfShadow = high > high[1] and low < low[1]

// Compare current and prev candle sizes
Strategy parameters
Strategy parameters
Scale of engulfing candle
Minimum Candle size in pips
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