Engulfing Bar Type

Indicator for customizing and highlighting bars on any timeframe that take out the low and the high of the previous bar/candle. These are commonly referred to as an engulfing bar. STRAT traders call this a “3” bar or candle.

Adding an option to mark out certain levels within the 3 bar candle would be an extra help. For e.g., if user chooses, they could have every 3 bar highlighted with the option to have pre-set fib or gann levels on each 3-bar like 30%, 50%, and 70% of the bar itself.