PROTECTED SOURCE SCRIPT

Strong High/Low Engulfing

45
This indicator identifies a high-momentum variation of the classic Engulfing candlestick pattern. Unlike standard engulfing patterns that only look at the candle body, this script requires the signal candle to completely engulf the entire range (High to Low) of the previous candle and, crucially, close beyond those extremes.

This logic is designed to filter out weak reversals and identify candles that signify a strong shift in market sentiment by "trapping" the previous candle's liquidity.

면책사항

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