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This Engulfing Candle Indicator as the name implies can detect engulfing candlestick patterns on the chart. The indicator alerts the user of the presence of an engulfing candle (Bearish engulfing candle and Bullish engulfing candle) by using visual representation of arrows on the chart.
- Blue arrow for Bullish engulfing
- Red arrow for Bearish engulfing
Extra modifications can be added based on request.