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Date/Time: Wed, 15 May 2024 21:32:57 +0000



Post From: Vertical line for engulfing bars

[2014-06-05 13:37:46]
Dom7364 - Posts: 257
Thanks, your help is much appreciated. In fact, yes ideally, I would have a red vertical line for bearish engulfin and green for bullish.

Defintion-wise, well yes, the low mus be lower, the high higher, and the body, in short every part of the bar is engulfing the previous one. To be really technical about it, it normally should be considered as such, on a support or resistance zone, but the bar engulfing fully the previous one is good enough, I can determine and decide for myself if it occurs on a responsive buyng or responsive selling zone and act accordingly, or it might become rather difficult to code.. :-)
Date Time Of Last Edit: 2014-06-05 13:39:37