Bearish/Bullish Engulfing Patterns

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Bearish/Bullish Engulfing Patterns

Postby Apprentice » Thu Jul 29, 2010 8:43 am

Engulfing.png


Engulfing.lua
(3.03 KiB) Downloaded 4758 times

Engulfing with Alert.lua
(14.06 KiB) Downloaded 715 times



Same Color Filter
If it is used, both candles must have the same color.

MA Filter
If it is used Engulfing must be,
above MA for bullish Alert,
below MA for bearish Alert.

The indicator was revised and updated
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Re: Bearish/Bullish Engulfing Patterns

Postby leftcoaster » Mon Aug 02, 2010 2:06 am

Hi!

I'm new so pardon my inquiry. I downloaded this indicator but nothing's showing up on my chart. It appears that the indicator loaded but I am not getting the colored arrows.

Thanks for your help!
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Attachments
GU Engulfing.jpg
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Re: Bearish/Bullish Engulfing Patterns

Postby leftcoaster » Mon Aug 02, 2010 3:33 am

I just noticed that on a 5 minute chart, I am getting the arrows.

To clarify, this indicator has a strict definition of 'Engulfing'. The prior candle's body + wick must be engulfed by the present candle body. Correct?

Thanks!
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Re: Bearish/Bullish Engulfing Patterns

Postby Apprentice » Mon Aug 02, 2010 3:34 am

Strange, try to change, Complet candle option.
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Re: Bearish/Bullish Engulfing Patterns

Postby Apprentice » Mon Aug 02, 2010 3:41 am

Yes, By changing these options, the indicator uses a slightly broader definition.

The body of the previous candle is Engulft by Engulfing bar.
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Re: Bearish/Bullish Engulfing Patterns

Postby leftcoaster » Mon Aug 02, 2010 3:48 am

That did it! I changed 'Complete Candle' to False and a ton of signals popped up....too many really, even on the 4 hour chart...thus the need for the 3 candle signal. Nevertheless, this indicator does help and works well! Thanks....
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Re: Bearish/Bullish Engulfing Patterns

Postby Apprentice » Mon Aug 02, 2010 3:58 am

I'm glad I can help
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Re: Bearish/Bullish Engulfing Patterns

Postby leftcoaster » Mon Aug 02, 2010 4:19 am

Me too! I really appreciate it! :D
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Re: Bearish/Bullish Engulfing Patterns

Postby raulbanda1 » Mon Aug 23, 2010 12:17 am

I am getting an error message when I try to download on FXCM. Any suggestions?
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Re: Bearish/Bullish Engulfing Patterns

Postby Apprentice » Mon Aug 23, 2010 3:46 am

Can you specify the error message.
I tried an indicator, it works perfectly.
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