Smart Engulf

Candlestick patterns are one of the most popular techniques used by traders in their trading. The engulfing pattern is one of them and it consists of two candlesticks, where the second candle ‘engulfs’ the first candle.
SmartEngulf is a very useful indicator and very easy to use. The idea that stands up behind this indicator is to give you the opportunity to personalize the engulfing characteristics in accordance with your trading plan and to alert you once an engulfing pattern occurs on your chart.

The main options that come with the SmartEngulf indicator are:

• The ability to choose the types of candles that form the pattern (only bullish, only bearish or bullish and bearish candles)
• The possibility to filter the size of the pattern with the help of the ATR indicator
• The option to have the zone around the pattern shaded
• Multiple types of painting, once a valid pattern is formed (Bars paint, Background paint)
• A large variety of signal and alerts: Sound alerts, Email alert, Twitter alert, Pop-up message alert etc.