What it is the "monthly bearish/bullish engulfing"?

 

I read some articles about forecast forex and meet expression "monthly bearish/bullish engulfing".

for me not understand what does it means

 
it is the engulfing candle, it is a pattern of a candle. Search "engulfing candle" and you will find many website with description.
 
MQL5 Wizard - Trade Signals Based on Bullish Engulfing/Bearish Engulfing + MFI
MQL5 Wizard - Trade Signals Based on Bullish Engulfing/Bearish Engulfing + MFI
  • www.mql5.com
The generic idea is the following: the class of trading signals is derived from CExpertSignal, the next, it's necessary to override the LongCondition() and ShortCondition() virtual methods with your own methods. The best way is to create the separate class, derived from CExpertSignal for checking of formation of candlestick patterns. For...
 

VR Engulfing Pattern - indicator for MetaTrader 4

A simple indicator, which informs the trader about the appearance of "Bullish Engulfing" or "Bearish Engulfing" candlestick patterns on all timeframes.

The program generates an alert with the message.

VR Engulfing Pattern
VR Engulfing Pattern
  • www.mql5.com
Coin Flip Opens orders using the martingale and a virtual trailing stop. AP Script ver 1.01 The script analyzes the market based on two criteria: the moving averages and the support and resistance levels. Updated Nevalyashka The Expert Advisor reverses the orders after closing...
 

Forum on trading, automated trading systems and testing trading strategies

engulfing candle automated software?

Sergey Golubev, 2018.12.18 10:43

You can check CodeBase indicators and EAs to find something which you (or the coder in Freelance) can improve for example - 

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Engulfing - expert for MetaTrader 4

Bullish and Bearish Engulfing - expert for MetaTrader 5  

VR Engulfing Pattern - indicator for MetaTrader 4  

Engulfing with RSI - expert for MetaTrader 4  

Linda's Coil - indicator for MetaTrader 5

PriceAction indicator
PriceAction indicator
  • www.mql5.com
PriceAction indicator based on indicating Price Action candles. It indicates each candle type by different colored histogram bars. The length of each bar of the histogram indicates the power of Price Action candles. PinBar Up
Reason: