Bullish/Bearish Engulfing Pattern strategy – EA MetaTrader 5
Main Functions: Engulfing Pattern Detection: Identifies bullish or bearish engulfing patterns for trade signals. RSI Confirmation: Confirms signals using the RSI indicator, filtering out weak trades. Dynamic Stop Loss and Take Profit: Automatically adjusts SL and TP based on market volatility using the ATR indicator. Adaptive Trailing Stop: Trailing stop is adjusted based on volatility … Read more