SuperEngulfing: REV + RUN [Plus]
The indicator plots distinct visual signals directly on the chart, using different shapes and labels to categorize the strength and type of the identified pattern.
Key Features
Dual Pattern Detection: Identifies two primary types of significant price action setups:
REV (Reversal): Signals suggesting a potential change in the short-term trend direction.
RUN (Continuation): Signals suggesting the current trend momentum is likely to persist.
Plus (REV+ / RUN+): Indicates a higher-confidence version of the pattern, where the price closes beyond a significant previous candle extreme.
Visual Clarity:
REV Patterns are marked with colored Triangles (up for bullish, down for bearish).
RUN Patterns are marked with colored Labels (up for bullish, down for bearish).
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact HaykTrading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact HaykTrading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.