Engulfing Trading System: Automated MT5 Engulfing Pattern Signals with Scored Entries

This Engulfing Trading System review delivers a focused 2026 performance analysis of a two-bar reversal indicator designed for MT5. The indicator identifies classic bullish and bearish engulfing candles where the current candle body fully engulfs the prior body, then ranks each occurrence by four weighted quality factors to highlight higher-probability opportunities. The review evaluates live and backtested samples to quantify edge and consistency under varying volatility regimes. What makes Engulfing Trading System unique is its signal scoring, which blends quantitative criteria rather than relying on a binary pattern trigger. The algorithm computes an engulf ratio, normalizes body size by ATR, measures the close position relative to the candle body, and assesses trend context before producing a composite score. Ich Khiem Nguyen developed the indicator with MT5-specific drawing and scanning capabilities, enabling traders to monitor multiple symbols while preserving chart clarity. The indicator works best in trending markets that exhibit clear momentum swings and in range-bound markets during expirations of small consolidations. Risk management is externalized to the user; the system provides suggested stop placement based on ATR multiples and explicit score thresholds to reduce false entries. Expected performance characteristics include moderate trade frequency, selective higher-probability entries, and an emphasis on positive expectancy rather than raw win rate. Overall, Engulfing Trading System offers a transparent, measurable approach to classic reversal patterns on MT5.