Here are the key features:

Pattern Detection

• Bullish Engulfing: Identifies when a bullish candle completely engulfs the previous bearish candle
• Bearish Engulfing: Identifies when a bearish candle completely engulfs the previous bullish candle
• Configurable engulfing ratio: Control how much the current candle must engulf the previous one
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Trading Features

• Risk Management: Position sizing based on account risk percentage
• Stop Loss & Take Profit: Configurable in points
• Maximum Positions: Limits the number of open positions
• Direction Control: Enable/disable bullish or bearish pattern trading separately
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Additional Features

• Trailing Stop: Optional trailing stop functionality
• Time Filter: Trade only during specified hours
• Minimum Candle Size: Filter out small insignificant candles
• Magic Number: Manages only positions opened by this EA

How It Works

1. Waits for new bar formation
2. Analyzes the last two completed candles for engulfing patterns
3. Validates pattern quality (size, ratio, direction)
4. Checks risk management rules
5. Opens position with appropriate stop loss and take profit
6. Manages trailing stops if enabled