OPEN-SOURCE SCRIPT
已更新 Engulfing Pattern BUY and SELL System
This indicator is based on multiple parameters such as the Open, High, Low, and Close of candles. We add confluences such as SMMA crossovers, engulfing candles, and the number of pips that it has moved from it.
The main parameter is the DFS (Distance from SMMA). This will adjust the number of signals you'll get. This parameter is calculated based on the Open price of the signal bar and the 50 SMMA price. If the difference between these two values is greater than the input value, it will not be considered a signal.
The buy/sell signal consists of the following conditions:
1. Engulfing Candle based on conditions
2. SMMA crossover (21 and 50 periods)
3. For BUYS, the RSI value is greater than 49. For SELLS, the RSI value is less than 51.
4. Open price of the signal bar is less/greater than the 50 SMMA for SELLS/BUYS respectively.
5. DFS value is less than or equal to the input value
We recommend backtesting this on FX Pairs, and metals such as Gold. It is not well suited for Crypto or Indices.
The main parameter is the DFS (Distance from SMMA). This will adjust the number of signals you'll get. This parameter is calculated based on the Open price of the signal bar and the 50 SMMA price. If the difference between these two values is greater than the input value, it will not be considered a signal.
The buy/sell signal consists of the following conditions:
1. Engulfing Candle based on conditions
2. SMMA crossover (21 and 50 periods)
3. For BUYS, the RSI value is greater than 49. For SELLS, the RSI value is less than 51.
4. Open price of the signal bar is less/greater than the 50 SMMA for SELLS/BUYS respectively.
5. DFS value is less than or equal to the input value
We recommend backtesting this on FX Pairs, and metals such as Gold. It is not well suited for Crypto or Indices.
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。