(Mqlrobot) Engulfing Pro Scalping EA: designed to optimize Forex trading using the powerful Engulfing candle pattern strategy.

(Mqlrobot) Engulfing Pro Scalping EA: EA is an advanced and efficient trading tool for traders looking to automate their trading strategies using engulfing candle patterns.

The (Mqlrobot) Engulfing Pro Scalping EA is a fully automated trading system designed to optimize Forex trading using the powerful Engulfing candle pattern strategy. Developed using MQL4 and Fxdreema, this Expert Advisor (EA) offers traders a flexible and customizable approach to trading by executing precise buy and sell orders based on market conditions.

Key Features of the Engulfing Pro Scalping EA

• Automated Trading: Executes buy and sell orders automatically based on Bullish and Bearish Engulfing candle patterns.
• Engulfing Strategy: Uses bullish and bearish engulfing patterns to identify high-probability trade entries.
• Grid Trading System: Applies a grid distance multiplier (x2) to dynamically manage trade levels.
• Trailing Money Loss Management: Protects profits by using trailing stop loss features for groups of trades.
• Backtest Mode: Allows for safe testing of the EA’s performance without risking real capital.
• Customizable Variables: Enables traders to modify trading variables such as lot sizes dynamically.

How the EA Works: Step-by-Step Strategy

1. Opening Orders with Engulfing Patterns

• The EA begins by checking if there are no active trades.
• Analyzes market conditions for Bullish or Bearish Engulfing candle patterns.
• Places buy or sell orders based on detected patterns, ensuring disciplined trade entries with the “Once per bar” execution rule.

2. Executing Trades Following Market Trends

• Implements a grid trading strategy by opening additional trades when specific price conditions are met.
• The EA uses grid distance multipliers to manage open positions effectively.
• It monitors for both buy and sell opportunities using the same strategic approach.

3. Risk Management and Trade Closure

• The EA continuously checks for profit in pips and closes trades when predefined profit targets are achieved.
• Implements a trailing money loss strategy to secure profits and reduce risk exposure.
• Uses the “Bucket of Closed Trades” feature to keep track of trade performance and update trading variables accordingly.

Why Choose the Engulfing Pro Scalping EA?

• Reliable Signal Accuracy: Utilizes proven bullish and bearish engulfing patterns for market entries.
• Advanced Risk Management: The EA applies a trailing stop loss to protect gains.
• Scalping Efficiency: Ideal for traders looking for high-frequency trading with precise entries and exits.
• Backtesting Capability: Supports safe strategy testing before live deployment.

How to Get Started

1. Download the EA from Mqlrobot.com.
2. Install it in your MetaTrader 4 (MT4) platform.
3. Backtest the EA with 99.9% Tick Data for optimal settings.
4. Monitor performance and adjust inputs as needed.

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👉 Download the MQL File Now 👈

The (Mqlrobot) Engulfing Pro Scalping EA is an advanced and efficient trading tool for traders looking to automate their trading strategies using engulfing candle patterns. Its combination of signal accuracy, grid trading, and trailing money loss features make it a valuable addition to any trading portfolio. Take advantage of this EA today to enhance your trading efficiency and profitability!

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