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SYN Candle Engulf Signal — Alerts Indicator

SYN Candle Engulf Signal

Alerts Indicator

100% Free

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Runs on MetaTrader 5 on a computer · 29 KB

It spots engulfing candles automatically: a green arrow for a possible buy on a bullish engulfing, and a red arrow for a possible sell on a bearish engulfing. The arrows print on the chart as the pattern forms.

PlatformMetaTrader 5

PriceFree

Yakuzza test result

We ran this indicator in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026. It loaded and ran without errors.

How to install

Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.

Library last updated: 2026-10-18

Questions about SYN Candle Engulf Signal

Is SYN Candle Engulf Signal free?

Yes. SYN Candle Engulf Signal is free to download on Yakuzza, with no subscription and no card. You only need a free account to download it.

Does SYN Candle Engulf Signal work on MT4?

No. The file in our library is built for MetaTrader 5 (.ex5), so it will not load in MetaTrader 4. MetaTrader 5 is free from your broker.

Which symbol and timeframe should I use?

The developer does not list fixed settings. We tested it on XAUUSD M15, so that is a safe place to start on a demo account.

Has SYN Candle Engulf Signal been tested?

Yes. We ran it in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026 and it ran without errors.

Guides that help with this tool

How to install an indicator on MetaTrader 5 How to size your lot correctly Which timeframe suits you? All Alerts indicators Compare them all in one table