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Engulfing Bar Pattern

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Engulfing Bar Pattern Indicator
Detects and highlights engulfing bar patterns on any timeframe. An engulfing bar occurs when the current candle's total range (high to low) completely engulfs the previous candle's range.
Features:

Bullish Engulfing: Green candle that takes out both the previous bar's high and low - signals potential upward momentum
Bearish Engulfing: Red candle that takes out both the previous bar's high and low - signals potential downward momentum
Visual alerts: Colors engulfing bars and displays buy/sell arrows
TradingView alerts: Configurable alert notifications when patterns form
Fully customizable: Adjust colors, toggle arrows, enable/disable alerts

Best used on: 1-minute to 1-hour timeframes for futures trading, effective for identifying potential reversal or continuation signals at key market levels.
リリースノート
Engulfing candle filter added
リリースノート
Filter updated

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