eng_sig
Function Name: eng_sig
Tags: None
Category: Candlestick
A bullish engulfing pattern occurs when, in a downtrend, you find a solid candle immediately followed by a hollow candle. The body of the hollow candle has to enclose he body of the solid candle, in other words the Open of the hollow candle has to be lower than the Close of the solid candle and the Close of the hollow candle has to be higher than the Open of the solid candle. The Bullish Engulfing study marks a bar if a bullish engulfing pattern occurs. A bearish engulfing pattern occurs when, in an uptrend, you find a hollow candle immediately followed by a solid candle. The body of the solid candle has to enclose the body of the hollow candle, in other words the Close of the solid candle has to be lower than the Open of the hollow candle and the Open of the solid candle has to be higher than the Close of the hollow candle. The Bearish Engulfing study marks a bar if a bearish engulfing pattern occurs.
Links: http://www.investopedia.com/terms/b/bearishengulfingp.asp, http://www.investopedia.com/terms/b/bullishengulfingpattern.asp
Period |
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Default Value: 5 | Minimum: 1 | Maximum: 9999 |
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Type: Numeric |
NBars |
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Default Value: 1 | Minimum: 0 | Maximum: 100 |
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Type: Numeric |
ShowTraderBar |
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Default Value: -1 |
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Type: Boolean |
ShowTraderMark |
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Default Value: -1 |
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Type: Boolean |
UseBullishSignals |
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Default Value: -1 |
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Type: Boolean |
UseBearishSignals |
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Default Value: -1 |
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Type: Boolean |