SNR Engulfing Pattern Bot
"SNR Engulfing Pattern Bot" logo
5.0
03/09/2025
189
Desktop, Mobile, Web
Since 01/10/2024
Free installs
189
"SNR Engulfing Pattern Bot" uploaded image"SNR Engulfing Pattern Bot" uploaded image"SNR Engulfing Pattern Bot" uploaded image

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
RSI
MACD
AI
needThai Smart Trend Trading AI Bot
Smart Trend Trading Bot, Best Trend Identified, Please try default setting before making any changes
cBot
Grid
XAUUSD
Commodities
+2
DragonGoldEAProNet6Demo
Demo version of https://ctrader.com/products/315
cBot
NAS100
NZDUSD
XAUUSD
+7
DragonNewsBot
This is a fully automated news-driven trading robo
IBSBot
Buy-only IBS bot for indices on Daily timeframe. Enters near lows, exits near highs. No noise, just clean reversion.
cBot
Indices
RSI
Breakout
+1
CHART PATTERN BOT
Chart Patterns Algo Bot
Alligator Strategy + Advanced Take Profit Demo
This strategy is based on the Alligator indicator and has 4 levels of Take Profit.
TN Trade Manager - Free
Place market or pending trades fast with draggable SL, risk-based sizing & clean, efficient execution tools.
cBot
RSI
MACD
AI
needThaiBot with Spread Control and Total Positions
Spread Control and Total Positions, Please Try Default Setting Before making any changes!! ENJOY!!!
cBot
Indices
Stocks
Forex
+1
WeeklySMACrossBot_777_Cloud
Smart automated trading. Our bot works 24/7 to grow your capital while you relax. Effortless, intelligent, and secure.
Order Manager 8.6x
Trade with confidence—control risk accurately and manage orders with speed and clarity.
cBot
Grid
EURUSD
DistEMATrendBot1.1 (demo)
A trend following cBot using moving averages, ADX, and least squares regression to identify and extrapolate a trend.
cBot
NZDUSD
Forex
EURUSD
+3
DowterRy Renko
Tesss Implementing price structure analysis in Renko charts
Trade Assistant Fx
Advanced forex trade panel for risk, margin, swaps, and trade control with precision tools.
cBot
Scalping
FRAMEWORK
ICT Framework cBot – Advanced Trading Automation for Any Pair & Timeframe
cBot
XAUUSD
Commodities
GoldPulse FX (Free Trial Demo)
Institutional-Grade AI for Retail Traders,Trade Like a Central Bank.
Lot by Risk
cBot designed to assist traders in managing position risk effectively.
cBot
Supertrend
MACD
Crypto
+2
BTCDirectionalIndex
Combina los indicadores Índice Direccional Promedio (ADX) y Convergencia/Divergencia de Medias Móviles (MACD).
FibonacciStrategyCBot
FiboSmart cBot automates Fibonacci-based trading with trend, RSI, and MACD filters, plus built-in money management, trai