ST Engulfing
- Indicadores
- Curtis Daniel Jr -
- Versión: 1.0
Engulfing candlestick patterns are comprised of two bars on a price chart. They are used to indicate a market reversal. The second candlestick will be much larger than the first, so that it completely covers or 'engulfs' the length of the previous bar.
By combining this with the ability to look at trend direction this indicator eliminates a lot of false signals that are normally generated if no overall trend is taken into consideration
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