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MT5-Engulfing Scalper

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Engulfing Scalper

Description

The Engulfing Scalper Strategy


There are two types of engulfing candles, a bullish engulfing candle and a bearish engulfing candle.

For the purposes of this strategy, a bullish engulfing candle occurs when the “fat” part of an Up candle completely envelops a prior Down candle. The fat part of the candle marks the distance between the open and close of that bar, while the “wicks” mark the high and low. While there is no specific size requirement, typically both bars in the pattern should be substantial , with the up bar showing a strong short-term shift in momentum


Time Frames

1M 5M 15M 30M 1H

Pairs and Testing

Advanced Scalping - Forex-Stocks-Metals

Standard Scalping- Forex-Crypto

Daily Set Scalping - Forex-stocks-metals-crypto

Testing- All Symbols on Market Watch, Open Price Only, Based on your MS

Levarage- 1500

Account Size Required- 1000

Updates

New Update is now Added you can set same Strategy on the relative Time hour when you want to use the EA for Dow Jones or else