Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Bullish & Bearish Engulfing Pattern for Metastock
parker
over 10 years ago
Metastock

Rating:
0 / 5 (Votes 0)
Tags:
metastock, exploration

A bullish engulfing pattern is a candlestick chart pattern that forms when a small black candlestick is followed by a large white candlestick that completely covers or “engulfs” the previous day’s candlestick. The shadows or tails of the small candlestick are short, which enables the body of the large candlestick to cover the entire candlestick from the previous day.

Files

Indicator / Formula

Copy & Paste Friendly
Bullish Engulfing Pattern

ColA: CLOSE

Filter:
BarsSince(EngulfingBear())<=5 AND
BarsSince(ROC(C,60,%)>15)<=5 AND
BarsSince(Stoch(9,1)>90)<=5

Bearish Engulfing Pattern

Col A: CLOSE

Filter: BarsSince(EngulfingBull())<=5 AND
BarsSince(ROC(C,60,%)<-15)<=5 AND
BarsSince(Stoch(9,1)<10)<=5

0 comments

Leave Comment

Please login here to leave a comment.

Back