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Engulfing Pattern Scanner (MT5) — review, price and free alternatives
MT5 indicator$30 on MQL5by Alexandr Saprykin
Engulfing Pattern Scanner is a MetaTrader 5 indicator by Alexandr Saprykin, sold on the MQL5 Market for $30. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Engulfing Pattern Scanner — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Alexandr Saprykin
- Price
- $30
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Engulfing Pattern Scanner on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
This indicator is for the MT4 platform is here Indicator for automatic detection of engulfing patterns on the chart.
Before you buy Engulfing Pattern Scanner
What the developer claims
- Finds bullish and bearish engulfing patterns, confirms them on a lower timeframe and displays entry arrows.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Engulfing Pattern Scanner
Compiled from its public MQL5 listing. FxRobotEasy has not traded Engulfing Pattern Scanner; what these notes say about how it works comes from that listing.
Overview
Engulfing Pattern Scanner by Alexandr Saprykin represents a comprehensive automated trading solution for MT5 traders. What sets Engulfing Pattern Scanner apart is its balanced approach to trade execution and capital preservation.
Risk notes
Engulfing Pattern Scanner implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Alexandr Saprykin
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Engulfing Pattern Scanner on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Engulfing Pattern Scanner or Scalperology AI?
| Engulfing Pattern Scanner | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($30) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Alexandr Saprykin | FxRobotEasy |
Engulfing Pattern Scanner — questions
What is Engulfing Pattern Scanner?
Engulfing Pattern Scanner is a MetaTrader 5 indicator published on the MQL5 Market by Alexandr Saprykin, priced at $30 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Engulfing Pattern Scanner work on MT4 or MT5?
Engulfing Pattern Scanner runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Engulfing Pattern Scanner cost?
Engulfing Pattern Scanner is a paid product listed at $30 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-12-05. It is sold and downloaded through the developer's (Alexandr Saprykin) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Engulfing Pattern Scanner?
FxRobotEasy has not traded Engulfing Pattern Scanner on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Engulfing Pattern Scanner elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.