(Mqlrobot) Semi-Auto Engulfing EA: leverages the Engulfing Candlestick Pattern strategy combined with Trend and Reverse Modes to deliver consistent trading performance. 

(Mqlrobot) Semi-Auto Engulfing EA: leverages the Engulfing Candlestick Pattern strategy combined with Trend and Reverse Modes to deliver consistent trading performance.

The (Mqlrobot) Semi-Auto Engulfing EA is a powerful, semi-automated trading robot designed using MQL4 and Fxdreema. This Expert Advisor (EA) leverages the Engulfing Candlestick Pattern strategy combined with Trend and Reverse Modes to deliver consistent trading performance. Its semi-automatic nature allows traders to maintain control while benefiting from automated trade execution and management.

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How the (Mqlrobot) Semi-Auto Engulfing EA Works

This EA operates using a strategic approach to capture market trends and reversals based on engulfing candle patterns. The provided structure image illustrates the EA’s trading logic and automation capabilities.

Entry Strategy

• Supports both Follow Trend Mode and Reverse Trend Mode.
• Detects Bullish and Bearish Engulfing Patterns using customizable ID1 and ID2 Indicators.
• Automatically switches between Buy and Sell modes based on candle patterns and grid distance parameters.

Trade Execution

• Executes Buy and Sell trades using Fixed Lot and Lot Plus strategies.
• The Once per Bar feature ensures trades are only placed once per candle, preventing overtrading.
• Includes a Manual Button Control that allows traders to open and close orders manually via chart buttons.

Risk Management

• Integrates Trailing Stops and Grid Distance Control to manage trade risks effectively.
• The Backtest Mode feature offers a robust platform for strategy testing using historical data.
• Uses Comment Blocks to provide clear trade insights and performance feedback.

Trade Management

• Automates Trade Closing Functions using Select Object by Name and Check Button State tools.
• Allows for dynamic trade management with options to modify variables and control block activation.
• Includes an advanced Draw Button feature for manual trade execution control.

Key Features & Advantages

✔ Semi-automated with Engulfing Pattern Strategy

✔ Supports Trend Following and Reversal Trading

✔ Allows for Manual Trade Control via chart buttons

✔ Strong Risk Management with Trailing Stops and Grid Trading

✔ Easy to modify and enhance through Fxdreema

Why Choose (Mqlrobot) Semi-Auto Engulfing EA?

This EA stands out for its hybrid approach, combining Automated Trade Execution with Manual Control Options. It is perfect for traders looking for flexibility and enhanced control over their trading strategies.

• Accurate Trade Signals: Based on reliable Engulfing Candlestick Patterns.
• Customizable Trading Modes: Switch between Follow Trend and Reverse Trend seamlessly.
• Enhanced Control: The Button Control Feature allows manual override for trade management.

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Backtesting & Risk Disclaimer

Backtest this EA with 99.9% Tick Data before live trading to ensure optimal performance. Always use proper risk management, as Forex trading involves significant risks.

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