The Indicator combines session highlights, EMA indicators, and engulfing candle detection. It visually marks major forex sessions with background colors, plots three EMAs (9, 21, 50), and identifies bullish/bearish engulfing candles with alerts. Perfect for trend analysis and session-based trading insights!
Features: ✅ Session Highlights: Marks major forex sessions (London, New York, Tokyo, Sydney) with transparent background colors for easy visualization. ✅ EMA Indicators: Plots three Exponential Moving Averages (EMAs) (9, 21, 50) to help identify trends and potential reversals. ✅ Engulfing Candle Detection: Detects bullish and bearish engulfing patterns, plotting visual markers (triangles) on the chart. ✅ Alerts: Triggers notifications when an engulfing pattern appears, helping traders act quickly.
This script is ideal for traders who want to analyze trends, spot key price action patterns, and navigate different market sessions effectively!
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
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