OPEN-SOURCE SCRIPT
Special Engulfing Bars

Explanation of the Code:
Bullish Engulfing:
low <= low[1]: The low of the current candle is lower than or equal to the low of the previous candle.
close >= close[1]: The close of the current candle is higher than or equal to the close of the previous candle.
close > open: The current candle is bullish.
open[1] > close[1]: The previous candle is bearish.
Bearish Engulfing:
high >= high[1]: The high of the current candle is higher than or equal to the high of the previous candle.
close <= close[1]: The close of the current candle is lower than or equal to the close of the previous candle.
close < open: The current candle is bearish.
open[1] < close[1]: The previous candle is bullish.
Plot shape: Displays a signal on the chart when a bullish engulfing pattern (green color) or a bearish engulfing pattern (red color) is detected.
Alert condition: Sets an alert to send a notification when a bullish or bearish engulfing pattern is detected.
Bullish Engulfing:
low <= low[1]: The low of the current candle is lower than or equal to the low of the previous candle.
close >= close[1]: The close of the current candle is higher than or equal to the close of the previous candle.
close > open: The current candle is bullish.
open[1] > close[1]: The previous candle is bearish.
Bearish Engulfing:
high >= high[1]: The high of the current candle is higher than or equal to the high of the previous candle.
close <= close[1]: The close of the current candle is lower than or equal to the close of the previous candle.
close < open: The current candle is bearish.
open[1] < close[1]: The previous candle is bullish.
Plot shape: Displays a signal on the chart when a bullish engulfing pattern (green color) or a bearish engulfing pattern (red color) is detected.
Alert condition: Sets an alert to send a notification when a bullish or bearish engulfing pattern is detected.
オープンソーススクリプト
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。