An update for this algorithm is currently pending moderation. Please revisit this page shortly to access the algorithm's latest version.
Description
The REA_EngulfingArrow 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 with a green arrow in the case of Bullish and a red arrow in the case of Bearish.
View all our tool in our website: https://www.reavolution.com/en/category/strumenti/
Functionality
- Arrow at buy or sell condition
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 the Up arrow.
- Breakout Down Color: Choose the color you prefer for the Down arrow.
The author decided to hide the source code.
REAVOLUTION
Joined on 18.11.2022
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: REA_Engulfing_Arrow.algo
- Rating: 0
- Installs: 457
- Modified: 15/04/2024 13:09
Note that publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section, please use the Copyright Infringement Notification form to submit a claim.
Comments
Log in to add a comment.
No comments found.