Strategies / Pattern / Bullish Engulfing In Uptrend

Bullish Engulfing In Uptrend

The strategy buys a bullish engulfing bar in an uptrend, where the close is above the 15-period EMA and that EMA is above the 30-period EMA. It closes the long on a bearish signal or when the close falls below the 15-period EMA.

PatternLong onlySwingGold4 hours

1.94Profit factor

2,098Net profit EUR

43.44%Win rate

320Trades

-514Max drawdown

6.55Avg trade

Best run of 12. Gold, 4 hours, spread 0.6, from run pf:2026-10-13-GOLD-4h.tsv:5.

Entry rules, long

The prior bar is red, the current bar closes at or above its open, and it has a lower low and higher high
The body of the current bar and of the prior bar are each more than 1% of their own bar range
Volume is more than 1.2 times the prior bar's volume

Exit rules

The long also closes on a bearish engulfing bar with a lower low and higher high than the prior bar
The strategy has no stop loss or profit target

Test conditions

Period	Up to 2026-10-13
Instrument	Gold, 4 hours
Spread	0.6 points
Starting capital	1,000,000
Costs	Spread only. Commissions and overnight financing are not included.
Bars	Up to 200,000 bars, fewer where the instrument has less history
Last tested	2026-10-13

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
GoldBest run	4 hours	1.94	320	43.44	2,098 EUR	-514
Nikkei 225	1 hour	n/a	461	42.30	18,378 USD	-4,171
Silver	Daily	n/a	59	45.76	9,533 USD	-7,520
Nasdaq 100	4 hours	n/a	240	51.25	7,686 EUR	-1,937
Nikkei 225	3 min	n/a	1,306	38.28	7,323 USD	-3,841
DAX 40	4 hours	n/a	194	47.42	5,464 EUR	-2,046
Nasdaq 100	10 min	n/a	1,502	40.15	5,360 EUR	-2,307
Nasdaq 100	Daily	n/a	54	62.96	5,156 EUR	-2,623
Dow Jones	4 hours	n/a	163	43.56	4,783 EUR	-3,472
Dow Jones	Daily	n/a	39	46.15	4,766 EUR	-4,423
S&P 500	Daily	n/a	55	50.91	613 EUR	-559
Gold	5 min	n/a	846	38.77	445 EUR	-331

Charts

Results by run

Top 10 of 12 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Bullish Engulfing In Uptrend
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Pattern
// Direction: Long only
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

emas = ExponentialAverage[15](close)
emal = ExponentialAverage[30](close)

28 more lines: the entry and exit rules.

Setup

How to load it

Copy the code with the copy button on the code block.
In ProRealTime, open a chart of the instrument and timeframe you want to test, then open ProOrder > New trading system and choose "Create with programming".
Paste the code, give the system a name and save it.
Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

EMAVolume

Read this firstKnown weaknesses2 points

Results include the spread only. Commissions and overnight financing are not included.
The code is published as it was backtested and has not been compiled again since.

Questions

About this strategy

Can I run Bullish Engulfing In Uptrend in ProOrder?

Yes. The code is ProBuilder and runs as an automated ProOrder system. Backtest it on your own account with your own spread and position size before trading it live.

Which markets was it tested on?

It was tested on 12 market and timeframe combinations. The best run was Gold, 4 hours, with a profit factor of 1.94 over 320 trades.

How large was the drawdown?

The best run had a maximum drawdown of 514 EUR at the tested position size, against a net result of 2,098 EUR.

Does it trade long, short or both?

It only takes long trades.

Reversal Pattern With Chaikin Volatility

Uses the same indicator.

2.26 PF · 6,872 trades

CCI Breakout

Best run on the same market, Gold.

1.08 PF · 6,065 trades

Kernel Band Divergence Pattern

Also a pattern strategy.

2.02 PF · 117 trades

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Past backtest results do not guarantee future results. This is not financial advice. Curated and maintained by ProRealAlgos. ProRealTime™ is a trademark of ProRealTime SAS. prorealalgos.com Stats Docs

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