"SNR Engulfing Pattern Bot" logo
SNR Engulfing Pattern Bot
5.0
03/09/2025
168
Desktop, Mobile, Web

FYI: This cBot has had over 600+ installs since June 2024 before migration to the cTrader Store.


Key Features:

  • Support and Resistance Levels: The bot allows you to define initial support and resistance levels. These levels are crucial as they help determine entry points based on price action.


  • Bullish and Bearish Engulfing Patterns: The bot identifies bullish and bearish engulfing candlestick patterns. A bullish engulfing pattern is identified when a larger bullish candle completely engulfs the previous smaller bearish candle, while a bearish engulfing pattern is identified when a larger bearish candle completely engulfs the previous smaller bullish candle.


  • Order Placement: Upon identifying an engulfing pattern near the defined SNR levels, the bot places limit orders. For a bullish engulfing pattern, buy limit orders are placed just above the high of the bearish candle, and for a bearish engulfing pattern, sell limit orders are placed just below the low of the bullish candle.


  • Additional Orders: The bot can place a series of additional limit orders spaced apart by a specified number of pips from the initial order, allowing for scaling into positions.


  • Risk Management: Each order includes a configurable stop loss and take profit to manage risk effectively.
You may also like
cBot
indices
eurusd
gbpusd
+1
USTEC 3000,- EURO per MONTH FREE TEST
FREE TEST UNTIL 07.02.25 - profitable since 01.01.2020 with average 15% per Month
SarahMM2
Un robot de trading intelligent basé sur le croisement de moyennes mobiles, avec un drawdown maîtrisé et une rentabilité
PREMIUM AUTOENTRY BOT
Bot para cTrader genera con precisión ENTRADAS en tendencia fuerte mediante EMAs, RSI y ATR, *ONLYENTRYS*
cBot
forex
prop
commodities
+3
Maya Gold Grid ATR
🌞 Maya Gold Grid ATR is a professional trading robot designed exclusively for XAUUSD (Gold) on the cTrader .🌞
cBot
ai
rsi
macd
needThaiBot The Unreliable with Spread Control
This Bot come with Spread Control, Please Try Default Setting before making any changes!!!
AlgoCorner Gradient Orders
This tool will help you spread your trades very quickly with a few clicks
cBot
commodities
xauusd
Galvarys HA SMA
Hi! This bot is similar to my other one but it uses Heikin Ashi candles.
TeleNotifier
TelegramBot: Real-time trade updates, ad URLs, and insights on Telegram. Runs 24/7 with an affordable VPS. Limited-time
cBot
forex
xauusd
rsi
DMG TOP DAY GOLD SCALPER Day 15 TRIAL
DMG TOP GOLD SCALPER c Bot
cBot
forex
breakout
prop
+4
Quantum Queen
Quantum Queen Ctrader Cbot
Fibonacci Strategy (Made with AlgoBuilderX)
Auto-entry at Fibonacci levels, fully customizable with advanced risk management features.
GragonGridCbotDemo
Demo for bot https://ctrader.com/products/1655
Alligator Strategy + Advanced Take Profit Demo
This strategy is based on the Alligator indicator and has 4 levels of Take Profit.
Trading_stop Plus
Trading_stop Plus 🧾 General Description Trading_stop Plus is the complete, enhanced version of the original Trading_sto
cBot
forex
eurusd
gbpusd
+3
DowterRy Renko
Tesss Implementing price structure analysis in Renko charts
cBot
btcusd
Trading View To Ctrader
Automated cTrader bot with webhook support, trade management, take-profit levels, and Telegram notifications
XAU USD 1H trend strategy
// XAU/USD 1H TIMEFRAME // 5 YEARS BACKTEST, PROFIT 2100 USD, DRAWDOWN MAX 195 USD 
cBot
breakout
forex
indices
+8
GoldSniper
Gold Sniper