Engulfing pattern and ADX

• 04/15/2021 at 2:30 PM #167171
  James.adejare

  Can anyone help with this screener please? Seems basic and I know there are a couple of mentions of engulfing already but I’m struggling a bit and would appreciate any help.

   

  SCREENER for bullish and bearish engulfing in the same chart

  CRITERIA

  1. Engulfing pattern (both in the same chart)
  2. Increasing ADX and value above 25

   

  Thanks if you can.

  

  James.adejare

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  04/15/2021 at 4:24 PM #167186
  robertogozzi

  There you go:

  Bullish = close > open Bearish = close < open Body = abs(close - open) Engulf = max(open,close) >= max(open[1],close[1]) AND min(open,close) <= min(open[1],close[1]) AND Body > Body[1] MyAdx = Adx[14] AdxFlag = MyAdx > 25 AND MyAdx > MyAdx[1] BullCond = Bullish AND Bearish[1] AND Engulf AND AdxFlag BearCond = Bearish AND Bullish[1] AND Engulf AND AdxFlag Result = 0 IF BullCond THEN Result = 1 ELSIF BearCond THEN Result = 2 ENDIF SCREENER[Result](Result AS "1=↑, 2=↓")

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  Bullish  = close > open Bearish  = close < open Body     = abs(close - open) Engulf   = max(open,close) >= max(open[1],close[1]) AND min(open,close) <= min(open[1],close[1]) AND Body > Body[1] MyAdx    = Adx[14] AdxFlag  = MyAdx > 25 AND MyAdx > MyAdx[1] BullCond = Bullish AND Bearish[1] AND Engulf AND AdxFlag BearCond = Bearish AND Bullish[1] AND Engulf AND AdxFlag Result   = 0 IF BullCond THEN    Result = 1 ELSIF BearCond THEN    Result = 2 ENDIF SCREENER[Result](Result AS "1=↑, 2=↓")

   

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