Category Other  Published on 15/04/2024

REA Engulfing Candle

An update for this algorithm is currently pending moderation. Please revisit this page shortly to access the algorithm's latest version.
Description

The Engulfing indicator will be useful for traders, whose trade is based on the use of candle analysis.

It detects on a chart the candle patterns "Engulfing" and, depending on the nature of the figures (bullish or bearish), gives a signal to the entry of the market by changing the color of all subsequent candles and for the duration of the movement that is occurring.

View all our tool in our website: https://www.reavolution.com/en/category/strumenti/

Functionality

  • Color all candles from one condition to the other

Parameters

  • How Many break out bars? : Number of broken candles needed to confirm our area and change color.
  • Breakout Up Color: Choose the color you prefer for candles after bullish break.
  • Breakout Down Color: Choose the color you prefer for candles after the bearish break.
  • Range Color: Choose the color you prefer for candles at a Range stage.

The author decided to hide the source code.
REAVOLUTION's avatar
REAVOLUTION

Joined on 18.11.2022

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: REA_EngulfingCandles.algo
  • Rating: 0
  • Installs: 634
  • Modified: 15/04/2024 14:43
Comments
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MA
masterlato75 · 6 months ago

Alguien me puede ayudar Gracias, Como aplico Fibonacci en todos mis negocios de Forex en mis cuentas con esta plataforma. 

MA
masterlato75 · 6 months ago

Es posible en todas mis cuentas de C Trader?