Engulfing Reversal
Waits for one candle to close right through the one before it, and trades the turn.
- Contract
- Rise/Fall
- Default market
- Volatility 50 Index
- Pace
- Longer scans. It reads completed one-minute candles, so it can only reach a decision once a minute, and most minutes do not produce the pattern. Lower the body ratio to accept weaker engulfing candles and trade more often.
How it works
- On every tick it reads the open and close of the two most recently completed candles.
- A candle counts as engulfing when its body covers the whole body of the one before it and closes the opposite way.
- The body has to beat the one it covers by the body ratio, which filters out indecisive candles.
- A bullish engulfing buys Rise, a bearish one buys Fall.
- After a loss it sits out the cooldown before it will look at the pattern again.
- Two-candle pattern
- Body size filter
- Direction reversal
- Loss cooldown
- Martingale with cap
Staking
It ships with a 2.1x martingale, sized to win back a losing run of up to 3 trades inside its stop loss, with a max stake of 5. Untick Use martingale on its card to stake the same amount on every trade.
Settings
Every number here can be changed on the card before you press Run bot.
Contract
| Setting | Default | Range |
|---|---|---|
| Duration (ticks)How many ticks each contract runs for. | 3 | 1–10 |
Entry rules
| Setting | Default | Range |
|---|---|---|
| Body ratioHow much larger the engulfing candle body has to be than the one it covers. | 1.2 | 1–5 |
| Cooldown after a loss (ticks)The bot sits out this many ticks after a losing trade before it looks for a new entry. | 2 | 0–50 |
Stake progression
| Setting | Default | Range |
|---|---|---|
| Initial stakeThe amount staked on the first trade of each sequence. | 1 | 0.35–1,000 |
| Martingale multiplier1 keeps the stake flat. Above 1 multiplies the stake after each loss. | 2.1 | 1–5 |
| Max stakeIf the progression pushes the stake past this, it resets to the initial stake. | 5 | 0.35–5,000 |
Session limits
| Setting | Default | Range |
|---|---|---|
| Take profitStops the bot once session profit reaches this. | 10 | 1–100,000 |
| Stop lossStops the bot once session loss reaches this. | 10 | 1–100,000 |
| Max losses in a rowStops the bot after this many consecutive losses. | 4 | 1–20 |
Run Engulfing Reversal free.
Sign in with Deriv and start on your demo balance. Every number on a bot can be changed before you press Run bot.
Open this botMore Rise / Fall bots
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- MACD Cross SniperTakes the single tick where the MACD histogram changes sign, with a longer average agreeing.
- RSI Extreme SniperWaits for RSI to reach an extreme with a moving average agreeing, then takes one position.
- Run Fade ScalperCounts ticks going the same way and takes the other side once the run is long enough.
- Tick SprintFollows the direction of the last tick over a single tick, on a one second market.
- Confluence GateNeeds a moving average, RSI and MACD to all agree before it takes a position.
- Slow LadderGrows the stake gently after a loss instead of doubling, so a long losing run is survivable.
- EMA RibbonTrades only when three moving averages of different lengths all agree on the direction.
- Hammer RejectionLooks for a candle with a long wick, where price was pushed one way and refused to stay.
- Oscar's GrindRaises the stake after a win, never after a loss, and banks each cycle at one unit.
- Three Candle PushJoins a move once three candles in a row have closed the same way with real bodies.
- Tick Range BreakoutWaits for the market to coil into a narrow band, then trades the break out of it.
- Adaptive Streak FaderTrades against long tick runs, and demands a longer run each time it is wrong.
- Early Exit ScalperBuys a timed contract, then sells it early on a profit target, a loss floor or a timer.
- MACD Momentum GateWaits for the MACD histogram to cross zero with enough force, confirmed by a trend EMA.
- Triple Confirmation TrendNeeds a moving average cross, an RSI reading and a price slope to agree before it trades.
- Volatility Regime SwitchMeasures Bollinger bandwidth, then runs a reversion rule or a trend rule depending on it.
- Bollinger BounceTrades off the lower Bollinger band.
- Rise / Fall MomentumWaits for a run of ticks in one direction, then trades continuation.
- Rise / Fall SwitcherHolds a direction until it loses, then flips.
- RSI ReversalWaits for the RSI to reach an extreme, then trades against it.
- SMA ReversionThe opposite of SMA Trend: bets price returns to the average.
- SMA TrendFollows the moving average: buys the side the price sits on.