EngulfingTrade MT4 – Latest original version

Introducing the Expert EngulfingTrade MT4

Name: EngulfingTrade MT4
Version: Latest Version
Developer by: Evgeniy Zhdan
The Right Platform: Meta Trader 4 (MT4)
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• Delivery time 24h-48h after payment.

What is EngulfingTrade MT4?

EngulfingTrade MT4 is an advanced Expert Advisor (EA) built around one of the strongest and most reliable patterns in technical analysis — the Engulfing candlestick formation.
This EA automatically detects valid Engulfing setups in real time, analyzes the surrounding market structure, and executes trades with precision and control — eliminating the need for manual decision-making.

When a valid Bullish or Bearish Engulfing pattern appears, the system activates its trend confirmation filters, checks volatility, volume behavior, and nearby price structures before entering a trade.
This multi-layered logic allows the EA to maximize win probability, filter out false signals, and maintain a low-risk trading profile.

The EA is optimized for the M5 timeframe and performs best on major currency pairs: EURUSD, GBPUSD, USDJPY, EURGBP, USDCAD, and EURJPY.

• Official Website: See here

Core Features

🔹 1. Precise Engulfing Pattern Detection

• Uses a proprietary algorithm to detect Bullish and Bearish Engulfing patterns with high accuracy.

• Evaluates multiple factors (previous candle size, trend direction, candle body ratio, and volume) before confirming a valid signal.

• Captures reversal and continuation setups with superior reliability.

🔹 2. Safe Capital Management (No Martingale, No Grid)

• Does not use Martingale or increase lot size after losses.

• Every trade is protected by a hard Stop Loss to minimize risk.

• Built-in Auto Lot feature adjusts position size dynamically based on account equity.

🔹 3. Intelligent Trade Management

• Every order includes clearly defined Take Profit and Stop Loss levels.

• Automatically calculates optimal entry and exit points using real-time price behavior.

• Flexible trading session settings via “hour:minute” format, e.g. "08:15" or "14:30".

🔹 4. Smooth and Stable Operation

• Optimized for M5 scalping and intraday trading strategies.

• Performs best when installed on a low-latency VPS, ensuring fast and accurate execution.

• Simple interface — just attach, configure, and let the EA handle trading automatically.

🔹 5. Suitable for All Trader Levels

• Beginners can use the default settings for safe and consistent trading.

• Experienced traders can fine-tune parameters to match their own strategy preferences.

Why Choose EngulfingTrade MT4?

✅ 1. Based on a Proven Technical Pattern — Engulfing
This EA leverages one of the most reliable and time-tested price action signals, giving traders a strong edge in both reversal and trend continuation markets.

✅ 2. No Martingale, No Grid — Fully Controlled Risk
Each trade is executed with a fixed Stop Loss, ensuring capital protection and avoiding excessive drawdowns.

✅ 3. High-Accuracy Signals with Advanced Filtering
Combining Engulfing pattern detection with trend confirmation filters, the EA only enters high-probability reversal zones — improving precision and profitability.

✅ 4. Plug-and-Play Simplicity
Just attach the EA to a chart, select the M5 timeframe, enable Auto Trading — and let the system trade automatically.

✅ 5. Ideal for Both Retail and Prop Firm Accounts
With a low-risk, non-Martingale design, this EA easily meets the risk and consistency requirements of FTMO, MFF, and True Forex Funds challenges.

Performance of EngulfingTrade MT4

Engulfing Action EA has displayed consistent profitability and strong technical accuracy during its backtesting on USDCAD (M5 timeframe, 2019–2020).
Built on the foundation of the Engulfing candle pattern, one of the most powerful price action signals in technical analysis, the EA captures reversal points and trend continuations with remarkable precision while maintaining disciplined risk control.

• ✅ Initial Deposit: $10,000
• ✅ Total Net Profit: $998,590.79
• ✅ Profit Factor: 1.62
• ✅ Win Rate: 82.13% profitable trades (625 wins out of 761 total)
• ✅ Maximum Drawdown: $36,965.46 (24.59%)
• ✅ Testing Period: 2019.01.01 – 2020.07.23 (USDCAD, M5 timeframe)

Engulfing Action EA has demonstrated robust profitability and precision during its extensive backtest on USDJPY (M5 timeframe, 2019–2020).
Leveraging the Engulfing candlestick pattern, one of the strongest reversal signals in technical analysis, the EA intelligently identifies market turning points and continuation zones with disciplined trade execution and risk control.

The system maintained steady equity growth throughout the test period, adapting effectively to market volatility while keeping losses limited through built-in stop-loss protection.

• ✅ Initial Deposit: $10,000
• ✅ Total Net Profit: $984,967.59
• ✅ Profit Factor: 1.43
• ✅ Win Rate: 82.59% profitable trades (422 wins out of 511 total)
• ✅ Maximum Drawdown: $18,897.16 (21.56%)
• ✅ Testing Period: 2019.01.01 – 2020.07.23 (USDJPY, M5 timeframe)

Engulfing Action EA has demonstrated powerful and consistent performance during its backtest on GBPUSD (M5 timeframe, 2019–2020), confirming its ability to capture market reversals and momentum shifts using the Engulfing candle pattern — one of the strongest formations in technical analysis.
The EA maintained steady profitability and precise execution, balancing trade frequency and drawdown control for long-term sustainability.

• ✅ Initial Deposit: $10,000
• ✅ Total Net Profit: $3,522,865.95
• ✅ Profit Factor: 1.36
• ✅ Win Rate: 81.33% profitable trades (1,457 wins out of 1,794 total)
• ✅ Maximum Drawdown: $543,280.00 (41.46%)
• ✅ Testing Period: 2019.01.01 – 2020.07.23 (GBPUSD, M5 timeframe)

Recommended Configuration for EngulfingTrade MT4

What do you get After Downloading?

• Expert Advisor:
  • EngulfingTrade MT4_fix.ex4

🤗WISH YOU SUCCESSFUL TRADING🤗