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Scan Candlestick Engulfing Pattern Key Reversals (buy & Sell) by D Nayab for Amibroker (AFL)

Rating:
4 / 5 (Votes 3)
Tags:
amibroker, candlestick, scan

Scan Candlestick Engulfing Pattern Key Reversals (buy & Sell) by D Nayab

Indicator / Formula

Copy & Paste Friendly
/* SCAN ONLY
Engulfing Candle (Bulish/Bearish)
Key Reversals Analysis Scan
by By D Nayab September 2009*/

Buy=O<Ref(C,-1) AND L<Ref(L,-1) AND C>Ref(H,-1) AND Volume > Ref( MA( Volume, 15 ), -50 );
Sell=O>Ref(C,-1) AND H>Ref(H,-1) AND C<Ref(L,-1)AND Volume < Ref( MA( Volume, 15 ), -50 );

1 comments

1. hotaro3

add these 2 lines at the end of the program to show the engulfing position

PlotShapes( shapeHollowStar * Buy, colorWhite);
PlotShapes( shapeHollowStar * Sell, colorYellow);

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