If you're diving into trading, understanding candle patterns is crucial, and the Engulfing Indicator is a powerful tool in your arsenal. This handy indicator helps you spot Engulfing candle patterns with ease.
The red arrow points out a Bearish Engulfing pattern, signaling a potential downturn, while the green arrow highlights a Bullish Engulfing pattern, indicating a possible upward trend. These visual cues are vital for making informed decisions in your trading strategy.
If you're looking to develop your own indicators, scripts, or trading systems, feel free to reach out to me!
Comments 0