This is the best engulfing bias indicator I've seen on here so far because the candle bar fully engulfs the previous bar and both wicks fully engulf each of the previous wicks. Great job, thank you! My only question is, is there a way to add a little bit of tolerance in?
sandun
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how can i add this script to my mt4 ?
cma
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@sandun, to put this script in MT4, you need to program on MQL4, which is similar C/C++ languages but with some advantages of the platform for trading! I did that long time ago but I forgot how to do it!
truthfulOatmea54979
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Nice
impressiveHope95828
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Very useful indicator
CompoundTraders
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Would this alert work? alertcondition(isBearishEngulfing(secLast), title='E', message='E') alertcondition(isBullishEngulfing(secLast), title='E', message='E') How would you chose different colours the engulfing bull - blue and the bear purple for example?