Engulfing V8 PRO

             ⭐️⭐️⭐️  Engulfing V8 PRO⭐️⭐️⭐️

V8 is an advanced trading system created for traders who prioritize stability and safety over risky strategies. The algorithm is not a "black box" – it is built upon the classic, decades-proven Price Action pattern: Bullish and Bearish Engulfing.

Unlike simple indicators, this EA utilizes Multi-Timeframe (MTF) logic. The entry signal is generated on a lower timeframe (e.g., M30) but is filtered by the trend from a higher timeframe (e.g., H4). Thanks to this, the robot always trades in line with the sentiment of "major market players".

🛡️ Why choose this EA?

Safety (Prop Firm Ready):

  • The strategy does NOT use Martingale, Grid, or averaging.
  • Every position has a hard Stop Loss from the moment it opens.
  • Perfect for Prop Trading Firm challenges (FTMO, etc.) due to low Drawdown.

Intelligent Filtering (Triple Confirmation):

The robot does not enter every pattern. The signal must pass rigorous verification:

  • Trend Filter (MA): Trades only in the direction of the main trend.
  • Momentum Filter (ADX): Avoids consolidation and sideways markets (when ADX is too low) AND excessively volatile markets (when ADX is too high) – trades only in optimal trend conditions.
  • RSI Filter: Avoids entries at market tops and bottoms (overbought/oversold zones). Offers 4 sensitivity modes (Off/Light/Medium/Strict) for fine-tuning entry conditions to match your trading style.

Advanced Position Management:

  • Auto-Lot: Automatic calculation of position size based on account risk percentage.
  • Break Even: Automatically moves SL to breakeven after reaching a specified profit to protect capital.
  • Trailing Stop: Dynamically follows the price to squeeze the maximum profit out of the trend.

📊 How does it work? (Strategy Logic)

The algorithm scans the market for strong Engulfing candles that signal a shift in momentum.

  • STEP 1: Detection of a valid Engulfing pattern on the chart (e.g., M30).
  • STEP 2: Trend check on a higher timeframe (H4) using a Moving Average.
  • STEP 3: Verification of market strength (ADX) – is the market in an optimal volatility zone?
  • STEP 4: RSI confirmation – ensuring the market is not overbought/oversold.
  • STEP 5: Entry into the position only if ALL conditions are met and the spread is low.

⚙️ Key Parameters (Inputs)

Money Management:

  • Choose a fixed lot or dynamic risk percentage (e.g., 1% of equity per trade).

Filters (All can be enabled/disabled independently):

  • MA Filter: Period, Method (SMA/EMA/SMMA/LWMA), Timeframe
  • ADX Filter: Period, Min/Max thresholds, Timeframe
  • RSI Filter: Period, Oversold/Overbought levels, Timeframe, 4 Sensitivity Modes (Off/Light/Medium/Strict)
  • Spread Filter: Maximum allowed spread in pips
  • Time Filter: Trading hours restriction (Start/End hour)

Multi-Timeframe:

  • You can independently set the timeframe for the signal and for each filter (e.g., Signal: M15, Trend: D1, ADX: H4, RSI: M30).

Protection:

  • Configurable SL, TP (in pips)
  • Trailing Stop: Start, Distance, Step (in pips)
  • Break Even: Activation level, Profit lock (in pips)

📈 Dashboard

The robot displays an elegant information panel on the chart, showing:

  • Current status of all filters (OK/OFF/WAIT)
  • Detected signals (Bullish/Bearish Engulfing)
  • Market trend direction
  • Real-time indicator values (MA, ADX, RSI)
  • Current spread status
  • Account balance and equity
  • Open positions and floating P/L
  • Closed trades statistics (Wins/Losses/Win Rate)
  • Total profit/loss summary
  • EA status (Ready/In Trade/Waiting)

💡 Recommendations

  • Currency Pairs: Major pairs (EURUSD, GBPUSD, AUDUSD, USDJPY) and Gold (XAUUSD).
  • Timeframe: Recommended M30 or H1 (for signals) combined with H4 (for trend).
  • Account: ECN/Raw Spread (low spread increases effectiveness).
  • Broker: Any MT5 broker with low spreads and fast execution.
  • VPS: A VPS server is recommended for 24/5 operation.

⚡ Important: Min Candle Body Setting

When using lower timeframes (M1, M5, M15), remember to reduce the "Min Candle Body (pips)" parameter. Lower timeframes produce smaller candles, so the default value (3 pips) may filter out too many valid signals.

Recommended settings:

  • M1-M5: 1.0 - 1.5 pips
  • M15: 1.5 - 2.0 pips
  • M30: 2.0 - 3.0 pips (default)
  • H1: 3.0 - 5.0 pips
  • H4+: 5.0 - 10.0 pips

⚠️ Risk Disclaimer

Trading forex and CFDs involves significant risk of loss. Past performance is not indicative of future results. Always test on a demo account before using real funds.

👉 Download the demo version and test the effectiveness of Price Action combined with modern technology!


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TICK STACK LTD
5 (6)
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Jorge Luiz Guimaraes De Araujo Dias
5 (1)
ThunderGold Scalper ThunderGold Scalper è un Expert Advisor sviluppato per il trading automatico dell’oro su MetaTrader 5. L’EA è progettato per XAUUSD e GOLD sul timeframe M15. Utilizza un motore decisionale multifattoriale proprietario per identificare opportunità di trading qualificate e gestire automaticamente le posizioni. Il sistema combina struttura del mercato, direzione del trend, qualità delle candele, volume, momentum e controlli di esecuzione. È progettato per attendere condizioni ap
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Barbaros Bulent Kortarla
3.82 (17)
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Wave Rider EA MT5
Adam Hrncir
4.88 (43)
Scalper speed with sniper entries. Built for Gold. Tired of all the fake EAs that eventually disappear?  Wave Rider  is honest, transparent EA without any fake AI or manipulated back-test that's being continuously developed $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new pre
Zoomini
Gennady Sergienko
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Farzad Saadatinia
4 (4)
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Fan Yang
1 (1)
Fantastic 4 Four-in-One Trading System Introduction Fantastic 4 is an automated trading EA integrating four mutually independent quantitative trading logics targeting XAUUSD. After long-term research, iterative optimization, historical backtesting and live market verification, each built-in strategy has exclusive entry rules, independent order management and customized risk control modules. All strategies run separately without mutual interference. The combination of four strategies with low cor
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Simon Reeves
5 (14)
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Gold House MT5
Chen Jia Qi
4.49 (59)
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Rob Josephus Maria Janssen
4.62 (45)
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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Andrii Soma
5 (2)
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Gold Trade Pro MT5
Profalgo Limited
4.33 (39)
Promo lancio! Sono rimaste solo poche copie a 449$! Prossimo prezzo: 599$ Prezzo finale: 999$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro si unisce al club degli EA che commerciano oro, ma con una gran
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Wojciech Jerzy Magda
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PriceActionScalper
Wojciech Jerzy Magda
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