Market / MetaTrader 5 / Experts /

Morning Momentum EA

400 USD

Demo downloaded: 6

Published: 25 September 2024

Current version: 1.0

Morning Momentum EA

Experts
Mustafa Seyyid Sahin
Version: 1.0
Activations: 10

Introduction

Discover the "Morning Momentum EA" – your new partner for successful trading in the early market hours! Based on careful market observations, this Expert Advisor capitalizes on typical morning market movements to identify and exploit profitable trading opportunities.

Why "Morning Momentum EA"?

Some time ago, I noticed that markets often start moving in one direction in the morning and continue that trend. This insight inspired me to write code that leverages this behavior. After extensive testing, I am convinced that this strategy can be profitable – and now you can benefit from it too!

Key Features

Proven Morning Strategy: Trades based on the candles between 6 AM and 8 AM, recognizing consistent market movements.
Multiple Symbol Handling: Trade multiple currency pairs simultaneously, with a recommendation to choose currencies that are not highly correlated (see the Correlation Table). Ideally, currencies with a correlation of ±10%.
Customizable Trade Sizes: Set your preferred lot size and adjust it according to your risk management.
Automatic Position Management:
- Stop Loss: Minimizes potential losses with a predefined exit point.
- Trailing Stop: Secures profits by following the market price with the stop loss.
- Position Duration: Automatically closes positions after a specified number of hours.
User-Friendly: Easy to install and configure, suitable even for beginners.
Future-Proof: Updates are coming – get the EA now at a discounted price and benefit from future enhancements!
Customer-Centric: I am open to your suggestions and committed to continuously improving the EA to meet your trading needs.

Upcoming Updates

Adjustable Trading Times per Currency: Set individual trading times for each currency pair, e.g., EURUSD from 6 AM–8 AM and AUDCHF from 3 AM–5 AM.
Enhanced Risk Management:
- Daily Goals: Set profit targets to achieve your daily trading objectives.
- Maximum Daily Loss: Limit potential losses by setting a maximum loss per day.

These features will soon be available as updates. By accessing now, you get the EA at a discounted price and will benefit from all future expansions.

How Does the "Morning Momentum EA" Work?

Morning Candle Analysis: The EA analyzes the candles in your chosen timeframe between 6 AM and 8 AM.
Trend Identification:
- Two Bullish Candles: Signals an upward trend – the EA opens a buy position.
- Two Bearish Candles: Signals a downward trend – the EA opens a sell position.
Position Management:
- Stop Loss: Automatically sets a stop loss to limit your risk.
- Trailing Stop: Adjusts the stop loss as the market moves in your favor.
- Automatic Closing: Positions are closed after the time you have specified to secure profits or minimize losses.

Optimal Use of the EA

Patience and Testing: The EA is individually adjustable. To achieve safe and good results, it's important to test and adjust it over a longer period. With patience and extensive testing, you can maximize profitability.
Best Results with 1-Hour Chart: The best results have been achieved on the 1-hour timeframe. You can try other timeframes, but we recommend the 1-hour chart for optimal performance.
Selection of Non-Correlated Currencies: To diversify risk and utilize better trading opportunities, we recommend choosing currency pairs that are not correlated (±10% correlation). This avoids double risks and increases your chances of successful trades. Use the Correlation Table for assistance.

Your Benefits

Time Savings: No need to constantly monitor the markets – the EA trades for you.
Eliminate Emotions: Avoid emotional trading decisions with an automated strategy.
Flexibility: Adjust the settings according to your individual trading preferences.
Backtesting: Test the EA in the strategy tester and convince yourself of its performance in various market conditions.
Future-Proof Investment: With planned updates and expansions, you receive continuous improvements and new features.
Customer Support: I am open to your suggestions and will consider your wishes to expand the EA according to your needs.

Access Now and Profit!

Don't miss the chance to take your trading to the next level. Secure the "Morning Momentum EA" now at a discounted price and start leveraging the morning movements of the markets to your advantage.

Note: As with all trading strategies, there are no guarantees for profits. Please trade responsibly and thoroughly test the EA before using it on a live account.

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The "CorrelationMatrix" for MetaTrader 5: Why This Tool is Crucial: The Forex market is dynamic, demanding traders not only to assess the profit potential of their positions but also to understand the associated risks deeply. The "CorrelationMatrix" enables real-time analysis of correlations between various currency pairs, providing valuable insights ranging from -1 to 1: +1 indicates a perfect positive correlation, meaning the price movements of two currency pairs are identical—useful for strat

30 USD

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