Engulfing Pattern Plus One - indicateur pour MetaTrader 5

The idea of the indicator

Engulfing Pattern Plus One': The current bar completely Engulfings the previous two bars. Absorption takes into account 'High' and 'Low' prices

Rice. 1. Engulfing Pattern Plus One

The pattern is displayed using 'Arrow' objects, and two rectangles are drawn on the chart manually - specifically, to visualize and explain how this pattern works.