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EngulfingPatternEA

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Published: 14 November 2020

Current version: 1.5

EngulfingPatternEA

Name: EngulfingPatternEA
Rating: 4.6666665 (6 reviews)
Author: Alexander Chertnik

4.67

Experts
Alexander Chertnik
Alexander Chertnik
Israel

95550
4.3 (149)
Hi everyone! ()
{
I am forex trader since 2011 ;
For last two+ years I'm studying mql4 language and for last 12 months+, working on EA's and Indicators;
A lot of the products I publish are free, so don't forget to rate them and share ;
}
// More EA's are coming! Happy trading!

28 products 2 codes 11 topics 24 comments
Version: 1.5
Updated: 23 November 2020

Expert Advisor trading especially engulfing pattern with a pullback candle.

minimum account 100 $.

stable results on EURGBP 5Min since 2012.

settings for optimization:
maxSpread = maximum spread allowed for trading
trailStop = distance of trailing stop
profitTrailStop = profit for trail stop activation
lotControl = lot control and its multiplication
candleSize = relative size of the engulfing candle
peak_candle_back = highest or lowest of engulfing candle

developed, tested and optimized on " VantageMarkets " platform.

more...

3166

IATradingScalping 2023.11.15 09:10 #

EXCELENTE EA tiene resultados estables , GRACIAS AL CREADOR DEL ROBOT

3471

John Winsome Munar 2022.05.28 14:55 #

Great EA, it works. Thanks.

171

Senzo Mbatha 2021.08.22 17:25 #

Looking good

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Designed especially for GBPUSD 30m market. Minimum trading account 1000 $. The EA trading engulfing candle formations combined with adx indicator. There are 3 main methods of orders placement and management, all three methods are profitable with different results for user to chose. tested on a specific market and timeframe but can operate on other markets ass well. developed, tested and optimized on " VantageMarkets " platform.

FREE

Head and Shoulders Expert Advisor for mt4 please take into consideration: the EA trading a very specific H&S Pattern, number of trades is low. Minimum trading deposit 100 $ . Default settings for EURUSD 1H chart, can be optimize for more charts. Fixed SL/TP & Grid. No Martingale. Works with high spread This EA operates only once per bar opening. developed, tested and optimized on " VantageMarkets " platform. Recommended broker > Vantage

FREE

Expert Advisor uses Rsi and Bands indicators for generating signals and trades exit. Minimum trading deposit 500 $ . EA optimized to run on GOLD / EURUSD / GBPUSD / USDJPY / AUDNZD 1H charts (sets in the comments) can be also optimized to work on more charts and different timeframes. EA uses Grid. No Martingale. Works with high spread This EA operates only once per bar opening. developed, tested and optimized on " VantageMarkets " platform. Recommended broker > Vantage

FREE

Loop Pattern EA is an automatic long term strategy trader. Minimum trading account 10,000. Best performance on GBPUSD 1h. This EA calculates amount of candles back controllable by the user and applies certain function: if (calculate_Green_Body()>calculate_Red_Body() && calculate_Green_High()<calculate_Red_Low() && newcandle()) { buy(); } ... There are no stoploss or takeprofit and the trades closes then the opposite signal arrives. this EA operates only once per bar

FREE

Moving Average Cloud draws 4 MAs on chart simultaneously in histogram style. Indicator uses 4 MAs: slow sma & ema 200 and fast sma & ema 50. the range between 2 slows MAs and Fasts, represented by histograms on the MAs boundaries - creating kind of "cloud" that can be traded by all kind of MA strategies like support & resistance or other... Change of color of the same histogram points to momentum changing. Combined with other market analysis, can greatly improve trading results.

FREE

This Expert Advisor destined for trading especially EURUSD 1h pair. Minimum trading account 300. The EA uses 2 moving averages for entering the market. There are no Take Profit of Stop Loss, the orders are closed then the serten group of trades are in profit. Settings for optimization can be modify by the user: trade distance / lot / profit / fast ma period / slow ma period developed, tested and optimized on " VantageMarkets " platform. Recommended broker > Vantage

FREE

Expert Advisor trading Moving Average and Stochastic strategy combined orders management. The EA uses Grid and Martingale . Default setting for USDCAD 15m / USDCHF 15m / GBPJPY 5m. Strategy working since 2010. Preferred trading account 10000 $. Works with high spread This EA operates only once per bar opening. Fast methods of strategy testing and optimization are valid. User can test / optimize by model: (control point) / (open prices only) developed, tested and optimized on " V

FREE

MTF Trader EA uses several Bollinger Bands indicators for filtering and MAs for trigger. Symbol: GBPCAD. Timeframe: 1H. Deposit: 300 and higher. All trades covered by fixed Stop Loss and Take Profit . No Grid. No Martingale. Works with high spread This EA operates only once per bar opening. Fast methods of strategy testing and optimization are valid. User can test / optimize by model: (control point) / (open prices only) developed, tested and optimized from 2010 to release d

FREE

Expert Advisor uses 2 ATR indicators and Bands for Enter trades. the trades will be closed after interaction with second Band indicator. tested and optimized from 2010 on IFCMarkets. default settings for GBPCAD 15m chart. best performance on ranging markets. can be optimize for trading more symbols and timeframes. EA uses grid and method. trading deposit: 1000 and higher. This EA operates only once per bar opening. Fast methods of strategy testing and optimization are valid.

FREE

TDR gbpusd is an Expert Advisor designed to trade on gbpusd and other forex currencies. Best time frame: 1h. Minimum trading account 3000. This EA trading both direction of a market at the same time and opens multiple positions. This EA have 2 main modes: safe mode(MaximumRisk=0.01) extreme mode(MaximumRisk=0.02) for 5000$ account. setting can be modify by user: MaximumRisk / ProfitFactorMain / ProfitFactorPower this EA operates only once per bar closing, fast methods of optimization are vali

FREE

"Visual Range - Spread Indicator". This Indicator is an Essential Tool for Manual trading. it helps to avoid "off price" and "bad" entries caused by abnormally High spreads. ...................................................................................................................... At the Market Opening and News Reports - the Size of the Spread can go temporarily widely High. The Indicator shows the current Size of the Spread visually on the chart and its distance from the current pr

FREE

IMP The Panel presents a number of indicators in abbreviated form: 2 oscillators, 2 trend and 1 volume indicator. Location - upper left corner. Indicators values and colors can be customized by the user. Combined with other market analysis, can greatly improve trading results. This Indicator is a suitable tool for beginners and professional traders as one. Metta Trader 4 Indicator Version _1.0

FREE

The EA trading Rsi Divergence strategy. EA uses Grid method. Minimum trading account for 1 pair : 100 $. Designated for trading all major forex pairs. Recommended timeframe : 4H / 1H / 30m / 15m developed, tested and optimized on " VantageMarkets ", TGLColmex & IFCMarkets platforms. user can run this EA on multiple charts simultaneously. user can use this EA as indicator only. notice: in the comment section there are settings sets for various charts and brokers. in any case, optimize

30 USD

EA uses high or low range to define possible Market Correction , after that the trades will be open according to Divergence Signal . EA does not uses conventional stop loss and take profit functions, trades will be closed at the indicator signal. EA uses also Hidden Divergence for exit trades. default setting for GBPCAD also working on: EURUSD / EURCAD / EURAUD / GBPUSD / USDCHF / AUDNZD / AUDUSD ("FXCM broker" sets in the comments ) timeframe: 1H developed, tested and optimized on FXCM

30 USD

Expert Advisor for GBPUSD 1H . EA uses multiple Fibonacci Levels as support and resistance for entering the market. All trades covered by fixed Stop Loss and Take Profit . Minimum trading account: 300 $. Stop Loss & Take Profit are fixed and calculated by FIBO levels risk / reward ratio internal function. user has partial control of the function. No Grid. No Martingale. Works with high spread This EA operates only once per bar opening. Fast methods of strategy testing and optimization a

30 USD

Expert Advisor using 4 Moving Averages for generating enter signal and Rsi indicator for exit trades. tested and optimized from 2010 on IFCMarkets. default settings for EURUSD 15m chart. in addition, several sets in comment section: GBPUSD / USDJPY / AUDNZD / GBPCAD / AUDUSD / USDCAD / NZDUSD / EURJPY (15m) AUDJPY / CADCHF (30m) CADCHF / CHFJPY (1H) the EA can be optimize for trading more symbols and timeframes. if you run the EA on multiple charts - use different magics. EA uses grid and

30 USD

Expert Advisor trading Harmonic Patterns. All trades covered by fixed Stop Loss & Take Profit. Minimum trading deposit 150 $ . Expert designer to run on USDJPY 15m . chart. No Grid. No Martingale. Works with high spread This EA operates only once per bar opening. EA uses several different strategies and enters sometimes both directions. part of the patterns the EA will ignore and not trade. 4 different ATR indicators used as filters. SL & TP calculated by the pattern size, the use

50 USD

Filter:

2364

AscendCapital 2024.02.19 19:18 #

User didn't leave any comment to the rating

3166

IATradingScalping 2023.11.15 09:10 #

EXCELENTE EA tiene resultados estables , GRACIAS AL CREADOR DEL ROBOT

3471

John Winsome Munar 2022.05.28 14:55 #

Great EA, it works. Thanks.

jolurodr 2022.02.04 20:05 #

Alexander very good E.A..!!! Thank you for share it

182

ckocabal 2021.12.28 08:23 #

very good result even in real account pls go work on it

171

Senzo Mbatha 2021.08.22 17:25 #

Looking good

derrick9006 2021.04.27 20:31 #

Can add one more function for how many pips to stop loss? if that possible i think will be perfect

95550

Reply from developer Alexander Chertnik 2021.04.27 23:42 #

hi, no. because this EA had in the beginning that function and it didnt worked well. this is grid kind EA.
try to use profitTrailStop with minus (like: -10..) so the trailing stop will start to run straight away after the order is placed.

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Matrix2020 2021.04.25 07:57 #

User didn't leave any comment to the rating

95550

Reply from developer Alexander Chertnik 2021.04.25 08:14 #

hi, thank you very much for your rating :)

244

LDC1978 2021.04.14 13:13 #

this is so nice and very useful... thank you for sharing...

95550

Reply from developer Alexander Chertnik 2021.04.27 23:44 #

hi, thank you very much, and sorry for the delay:)

6779

Miguel Jimenez Cordero 2021.02.22 11:07 #

4 * for the developer's work.

95550

Reply from developer Alexander Chertnik 2021.02.22 18:28 #

thank you very much for your rating :)