Scribd Logo
Upload

Welcome to Scribd!

  • Engulfing Script Iqoption V5

    Uploaded by

    Less this
    2K views2 pages
    This document defines an indicator for identifying engulfing candlestick patterns on a chart. It allows the user to include or exclude gaps in the candlesticks' bodies, and whether the candlestick bodies must cross the shadows. It then plots arrow shapes in different colors to mark bullish and bearish engulfing patterns based on the configuration settings.

    Original Description:

    Bills and get the rest of

    Original Title

    Engulfing Script iqoption V5(1)

    Copyright

    © © All Rights Reserved

    Available Formats

    TXT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document defines an indicator for identifying engulfing candlestick patterns on a chart. It allows the user to include or exclude gaps in the candlesticks' bodies, and whether the candlestick bodies must cross the shadows. It then plots arrow shapes in different colors to mark bullish and bearish engulfing patterns based on the configuration settings.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2K views2 pages

    Engulfing Script Iqoption V5

    Uploaded by

    Less this
    This document defines an indicator for identifying engulfing candlestick patterns on a chart. It allows the user to include or exclude gaps in the candlesticks' bodies, and whether the candlestick bodies must cross the shadows. It then plots arrow shapes in different colors to mark bullish and bearish engulfing patterns based on the configuration settings.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    instrument {overlay = true,

    name = 'Engulfing Pattern V5',


    short_name = 'ENGF',
    icon="indicators:AO"}

    include_gap = input (2, "Incluir Gap en cuerpo?", input.string_selection, {"Con


    Gap","Sin Gap"} )
    body_cross_wick = input (1, "Cuerpo debe cruzar Sombra", input.string_selection,
    {"Si","No"} )

    input_group { "ENG - UP COLOR", call_color = input { default="#00FFFF", type =


    input.color } }
    input_group { "ENG - DOWN COLOR", put_color = input { default="#FF00FF", type =
    input.color } }

    vlavrde = close[1] < open[1]


    vlarjo = close[1] > open[1]
    acvrde = close > open
    acrjo = close < open

    if body_cross_wick == 1 then
    eng_bodyup = close > high[1]
    eng_bodudn = close < low[1]
    else
    if body_cross_wick == 2 then
    eng_bodyup = close > open[1]
    eng_bodudn = close < open[1]
    end
    end

    if (include_gap == 1) then

    plot_shape((vlavrde and acvrde and eng_bodyup),


    'Bull_Engulfing',
    shape_style.arrowup,
    shape_size.huge,
    call_color,
    shape_location.belowbar,
    0,
    "Eng",
    call_color )

    plot_shape((vlarjo and acrjo and eng_bodudn),


    'Bear_Engulfing',
    shape_style.arrowdown,
    shape_size.huge,
    put_color,
    shape_location.abovebar,
    0,
    "Eng",
    put_color)

    else
    if (include_gap == 2) then

    plot_shape(vlavrde and acvrde and eng_bodyup and (close[1] >= open),


    'Bull_Engulfing',
    shape_style.arrowup,
    shape_size.huge,
    call_color,
    shape_location.belowbar,
    0,
    "Eng",
    call_color)

    plot_shape(vlarjo and acrjo and eng_bodudn and (close[1] <= open),


    'Bear_Engulfing',
    shape_style.arrowdown,
    shape_size.huge,
    put_color,
    shape_location.abovebar,
    0,
    "Eng",
    put_color)
    end
    end

    You might also like