JCSPatterns Engulfing Bot: Free MT4 Expert Advisor

Overview

JCSPatterns Engulfing Bot identifies bullish and bearish formations to enter long or short positions automatically. The bot manages active trades by closing existing positions whenever a new opposing signal is detected, effectively reversing the market bias. Risk management includes a configurable take profit level and a built-in trailing stop mechanism. Users can enable detailed CSV logging to track account balance changes and trade performance. The EA uses fixed lot sizing for all entries.

Candlestick engulfing pattern detection

Integrated trailing stop mechanism

Automated trade closure on signal reversal

CSV logging for performance analysis

Details

Author

reuniware on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

SMC / ICT / price action

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

Trades without a fixed stop loss

EA files

JCSPatterns.mq4

Source

github.com/reuniware/MT4_EngulfingPatterns_Bot

Input parameters

Read from JCSPatterns.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`TakeProfit`	`double`	`0`
`InitialLots`	`double`	`0.1`
`StopSuiveur`	`double`	`0.0005`
`ActiverStopSuiveur`	`bool`	`true`
`MontrerDetailsStopSuiveur`	`bool`	`false`
`JournaliserProfitsPertesBalanceInitiale`	`bool`	`false`
`JournaliserProfitPerteTotaleCumulee`	`bool`	`true`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone reuniware/MT4_EngulfingPatterns_Bot from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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