RTR Momentum Trend All Symbols Unlimited
- Experts
- Retail Trading Realities LTD
- Version: 1.1
- Updated: 2 September 2024
- Activations: 10
[Signal] [Signal High Risk Flip Challenge] [set files] [$Million dollar backtest] [Normal setting] [10% DD setting] [20% DD setting] [30% DD setting] [crypto portfolio] [individual symbol settings] [EA inputs explained]
| This EA is exclusive to and only sold on MQL5.com $249 for the first 10 buyers, then the price will increase, this is to get this product moving up on the MQL5 rankings. Buy this and get another 2 EAs for free (the free EAs will be sent vis email and locked your MT5 account number, up to 2 account numbers allowed ) |
|---|
Introducing the all-new, improved RTR Momentum Trend EA for MT5. I've taken your feedback into account; the previous setup was too complex for some. Now, it's straightforward – the difference this time is:
- All Symbols, all tickers
There are no restrictions on tickers/symbols. I am confident this algorithm works on more tickers that I have yet to encounter. I have settings for :
XAUUSD, USDJPY, CHFJPY, AUDJPY, EURJPY
COST, NVDA, META, TSLA, MSFT
NDX, USTECH100
SOLUSD, BTCUSD, ETHUSD, DOTUSD, LNKUSD, LTCUSD .
- Multi-Symbol
You will trade a portfolio of strategies like a professional, encompassing multiple symbols and timeframes.
I have provided you with some initial portfolios through SET files. The EA is capable of trading multiple symbols from a single chart.
- Drag & Drop
Attach Expert Advisor (EA) to any Forex M5 (5-minute) chart, such as EURUSD, USDJPY, etc...ensuring it's a 24-hour market like FX. It will trade multiple symbols from that chart .
- Risk Mode
In Prop Firm Mode, you determine the minimum equity that either you or the Prop Firm is willing to accept.
Should you desire a 10% Drawdown (DD) or a maximum of 20% DD, you can set this yourself via the Prop Firm DD Input.
During live trading, it's necessary to input the new minimum equity each time the account reaches a new All-Time High (ATH), or when you make a withdrawal or deposit. (This step is not required when back testing in Prop Mode, as it's pre-calculated for back testing purposes).
For instance, entering "9000" into the Prop Max Drawdown Input means the bot will endeavor to avoid the balance dropping to "$9,000" - it's quite straightforward.
For single symbol real tick back tests see my other RTR Momentum Trend products for Gold, Stocks, FX and Crypto, too many to mention .
| Minimum Deposit : $100USD in a Cent account, I can recommend a number of brokers, depending on your location . For standard accounts $10k is recommended . Broker : MT5 Hedging account /Cent, standard/Raw any broker that has decent spreads & execution . Make sure your account is USD denominated. Low Leverage : 30- 1, that means you can trade with UK/EU regulated brokers . |
|---|
I recommend you RENT this EA b4 buying and join all of Retail Trading Realities social media pages and chat groups, visit my MQL5.com profile and click the links from there .
You are not just purchasing an EA but joining a community, help us Find new settings on other symbols using this EA .
| How to use this EA in MT5 Strategy Tester |
|---|
- ensure that EA is applied to an FX M5 chart i.e. "EURUSD M5".
- Select the period from January 2018 to the present day and choose 'Every Tick' or 'Real Ticks' for an accurate back test. This EA initiates and concludes trades at the opening of a new bar (it does not consider every incoming tick).
- Load Set Files > Input Tab, right-click, select 'Load...', and then load the SET file.
You may need to adjust the symbol names to correspond with your broker's tickers, for example, 'NDX' might need to be changed to 'USTech/NAS100/NAS100USD/US100'. 'USDJPY' might need to be altered to 'USDJPY.cc', etc.
Regarding symbol settings, ensure that your settings do not limit leverage, as most brokers set restrictions by default. You must configure every symbol you are testing to either Forex or CFD Leverage. Otherwise, it will not execute any leveraged trades, which is a common oversight among MT5 users.
View this table in landscape mode if using a phone .
| Inputs | Default | Description |
|---|---|---|
| Magic Number | 123456 | Expert Advisor unique ID, each time you load it on a chart give it a new 6-7 digit number |
| Enter Symbols | USDJPY|XAUUSD|NDX|COST|META| TSLA|MSFT | To enter multiple symbols, separate by typing a '|' after your symbol, you don't need to put it after the last symbol. Enter "CURRENT" if you want the symbol the EA is currently on . Or Type a single symbol . |
| TimeFrames | ||
| Two TF Mode | true|false|false|false|false|false|false | 'true' for Two timeframe mode or 'false' Three timeframe mode . On Two timeframe mode middle timeframe is ignored . |
| Highest TF | D1|D1|D1|H4|H4|D1|H4 | Highest chart that references the trend |
| Middle TF | H4|H2|H4|M20|H1|H3|H1 | Middle timeframe, is for the pullback (not in Two timeframe mode) |
| Lowest TF | M15|M15|M15|M5|M5|M5|M5 | Lowest time frame this is the execution timeframe where SL and TP is calculated . |
| Take Profit Multiplier | ||
| Profit Threshold | 18|16|10|14|18|14|14 | Profit level is a multiplier of Stop Loss, there is also a higher timeframe trailing stop . |
| Direction | ||
| Direction: Both/Long/Short | Long|Both|Both|Long|Long|Long|Long | |
| Spread Filter | ||
| Max Spread | 0|0|0|0|0|0|0 | If you type in a number higher than 0 then no trades will be executed if the spread displayed in MarketWatch window is higher than the number set. |
| Entry deviation (multiplier of spread) | 3|3|3|3|3|3|3 | Maximum slippage allowed the number is multiplier of current spread . |
| Order Type | ||
| MARKET/LIMIT order | MARKET|MARKET|MARKET|MARKET| MARKET|MARKET|MARKET | |
| Risk Management MODE | ||
| Risk_Management | Normal | Normal - example if risk % is set to 1, each trade will be risking 1% of account balance. Prop Firm Mode, will try and never hit Prop Firm maximum Drawdown equity, which the user sets. Backtest Prop mode must only be used in backtesting . |
| Prop Firm Max DrawDown | 9000 | Does not apply to Normal Mode, Prop Firm Live and Backtest mode this applies to . |
| Lot Sizes | ||
| Fixed Lot Size | 0 | i.e 1.40 lots, for every trade, set all others to 0, if using this mode. |
| Risk % | 1 | i.e Risk 1% of account balance per trade, set all others to 0, if using this mode. |
| Fixed Dollar Amount | 0 | i.e 110 = Risk $110 dollars per trade, set all others to 0, if using this mode. |
| Custom Trade Comment | ||
| custom comment | i.e "Williams Safe mode trades" | |
| Limit order Settings | ||
| limit offset | 1.0 | Only works if LIMIT is selected, offset is a multiplier of the spread, so a buy limit will be executed at current price minus the spread . |
| expiry_hours | 120 | Only works if LIMIT is selected, how many hours you want limit orders to go unexecuted . |
| Day of Week Filter | true | enter true or false. 'false' if you don' want EA to open trades on a given day |
| Hour of Day Filter | ||
| Start Hour | 0000 | Self explanatory |
| Last Hour | 2300 | Self explanatory |
