Engulf Auto Trader

Show Engulf Button:

• This will open the Engulf Auto Entry options so that they can be configured.
• You will see an ‘Engulf’ box on the top right hand corner of your chart when the Predator is enabled.

⚡ Trade Engulfing Bars ⚡:

• This option will activate the Engulfing Auto Entries. Orders will be places when they are detected.
• White Engulf Box on your chart = ON. Will place trades when an Engulfing pattern is detected.
• Transparent Engulf Box on your chart = OFF. Will not place trades when an Engulfing pattern is detected.

Engulfing Bar Tick Offset:

• This function is used to customize how much of a pullback is required before a bar is considered an Engulfing candle.

Bullish Engulfing Offset

• Offset 0 → The Low of the engulfing must have reached the Low of the previous candle.
• Offset 1 → The Low of the engulfing must be 1 tick BELOW the Low of the previous candle.

Bearish Engulfing Offset

• Offset 0 → The High of the engulfing must have reached the High of the previous candle.
• Offset 1 → The High of the engulfing must be 1 tick ABOVE the High of the previous candle.

• This functions helps us define how many bars since the last reversal our Engulfing candle can be valid.
• Use this if you only want to trade Engulfing candles that happen shortly after a Reversal.
• In the example below with a value of 10. Only the colored engulf is valid because it happened within ’10’ candles since the Reversal.

• This functions is used to define where we want to enter a trade once an Engulfing candle is formed.
• With it enabled. The price must go above a bullish engulf in order to enter Long or below a bearish engulf in order to enter Short.
• Disabled means that it will enter immediately when the engulfing bar closes and a new bar opens.

• This is used to color your Bullish and Bearish Engulfing Bars.
• They will get colored in real time so that you can be aware of when one is about to happen.

Hint: Delay your entry AFTER the Engulfing candle by adding Confirmation candles.