NGU5
▲ Bullish
Streaming Alert (Scanner)
5 Minute Bullish Engulfing Alert (NGU5)
By Daniel Mirkin, CEO, Trade Ideas. Updated October 2026.
Find stocks printing a bullish engulfing candle on the 5-minute chart in real time with Trade Ideas Streaming Alerts (Scanner). A bullish engulfing is a green candle that opens below and closes above the prior red candle, engulfing it. This alert checks 5 minute candles.
Candle patterns as they form.
Free account, just an email. No card. Live access for a limited time.
Streaming Alerts show a bullish engulfing the moment it completes, not on the next refresh.
How Trade Ideas finds it: by default, the 5 minute bullish engulfing alert appears when there is a bullish engulfing pattern on a 5 minute candlestick chart. See Trade Ideas plans and pricing to run it live.
What is a bullish engulfing pattern?
A bullish engulfing pattern is two candles. The first is a red candle in a move down. The second is a green candle whose body opens lower and closes higher than the whole body of the first one.
In plain terms, buyers took back everything the sellers did on the last candle, and then some.
Parts of a bullish engulfing pattern
First candle
A down candle, usually as part of a drop.
Second candle
A bigger green candle. Its body starts at or below the red close and ends above the red open.
Context
It matters more after a decline than in the middle of a sideways chop.
How traders use it
Step 1: Let the Trade Ideas alert find it
Turn on the 5 Minute Bullish Engulfing alert (NGU5). Trade Ideas finds the two-candle pattern on finished 5 minute candles. See it live in the Web Dashboard.
Step 2: Wait for the trigger
Trader tip
Some traders treat the engulfing close as the trigger. Others wait for the next candle to hold above it.
Step 3: Entry
Entries are often taken near the green candle's close or on a small pullback into its body.
Step 4: Exit
The low of the two candles is a common stop. Many look to the last swing high as a first exit. These are typical choices, not advice.
Tips
- The bigger the green body compared to the red one, the clearer the pattern.
- Above-average volume on the green candle helps.
- In a strong downtrend, many traders want more than one candle of proof.
- The bearish twin is Bearish Engulfing (NGD5).
Past results, including backtests, are not indicative of future results.
How the 5 Minute Bullish Engulfing alert works
This alert signals the appearance of a bullish engulfing pattern on a traditional 5-minute candlestick chart. Components of a bullish engulfing pattern include:
- The first candlestick is typically a red or bearish candlestick, indicating a downward price movement
- The second candlestick is a green or bullish candlestick, indicating an upward price movement
- The bullish candlestick "engulfs" the bearish one, meaning it opens below and closes above the previous candlestick
This pattern often signifies a shift in market sentiment from bearish to bullish, as buyers have taken control and pushed the price higher.
Default settings
By default, the 5 minute bullish engulfing alert appears when there is a bullish engulfing pattern on a 5 minute candlestick chart.
Custom settings
Settings
For '5 Minute Bullish Engulfing' alerts, you have the option to use an alert specific filter. This filter is located immediately to the right of the corresponding alert and is always optional. You can decide to leave it blank if you want to receive more alerts, or you can fill it in to restrict the number of alerts you receive. This filter allows you to specify the quality of the alert. When you set a higher number for this filter, you are telling the alerts server to display only alerts that meet a higher quality standard, resulting in fewer alerts being shown.
When setting an alert for '5 Minute Bullish Engulfing', the user can filter these alerts by a grade of how on how closely the stock chart matches the ideal shape of the stock pattern. 0 would mean there was no match. 100 would mean it's an ideal match.
What the alert shows you
The description of the alert will give a more comprehensive breakdown of the alert.
Key point
The quality value on a scan using the "5 Minute Bullish Engulfing" represents the grade based on how closely the stock chart matches the ideal shape of the stock pattern. 0% would mean that there was no match at all. Of course, if a stock pattern is this poor a match, then we are unlikely to report an alert. 100% would be an ideal match. Again, this would be an ideal and extreme case. Few if any alerts come close to 100%.
Related alerts
Filters to pair with the 5 Minute Bullish Engulfing alert
Categories
FAQ
Which stocks are forming a bullish engulfing candle on the 5 minute chart right now?
Turn on the 5 Minute Bullish Engulfing alert (NGU5) in Trade Ideas Streaming Alerts. By default, the 5 minute bullish engulfing alert appears when there is a bullish engulfing pattern on a 5 minute candlestick chart.
What is the 5 Minute Bullish Engulfing alert?
A bullish engulfing is a green candle that opens below and closes above the prior red candle, engulfing it. This alert checks 5 minute candles.
How do I see fewer, higher-quality 5 Minute Bullish Engulfing alerts?
Use the optional alert-specific filter immediately to the right of the alert. A higher number tells the alerts server to show only higher-quality alerts, so fewer appear. Leave it blank to see more.
What is the opposite of the 5 Minute Bullish Engulfing alert?
What does bullish engulfing mean?
A green candle fully covers the body of the red candle before it. It points to buyers taking control.
Do the wicks have to be engulfed too?
No. Most definitions, including the usual one, only compare the bodies.
Is bullish engulfing a reversal pattern?
Usually, yes, when it comes after a drop.
Which chart should I use with NGU5?
A 5 minute candlestick chart, so the candles match the alert.