Hey this is my second script. This a combination of Bollinger Bands and detection of Engulfing Candles. This study also filters out and displays Bull, Bear, and False signals, using the long term 200 EMA Trend. Let me know what you think!
Hi, thats was an amazing script. Very close to my trading SOP. Perhaps you could help to filter that only engulfing happens (candles cross the BB lines) at top BB, Bearish engulfing for SELL setup and Bullish engulfing happen at low BB for BUY setup. For both setup, we can aim TP at the opposit low/top BB and SL just few pips below/above the last wick of the engulfing candles.
themaine
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Hi, thanks for this amazing script, really amazing work!!!! I'm just struggling with alerts, none seem to work, could you kindly implement them for us everytime a confirmed bull or bear indication appears? thank you so much.