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Momentum Multiple

Hi and welcome to Momentum Multiple, 


The EA does not use martingale or grid. It only enters a trade with  active orders and uses a stop loss for each trade!

This expert advisor works by comparing signals from Momentum indicators, more specifically the following :  the relation between average Momentum - The current value  -  A specified user threshold (MomentumTrigger = 100 by Default). The number of bars taken in calculation for average and current Momentum can be changed by user (MomentumParameter = 14 by Default).


Time Frame: This expert advisor works on all timeframes, 1M-5M-15M-30M are recommended;

Account balance: it doesn't matter, but I recommend at least 1000 EUR or 1500 USD;

Currency pair:  Works on all, but in my tests EURUSD and AUDUSD are the best


Features


-              Choose the active and the inactive trading hours (in hh:mm - format).

-              Set your own level of risk (Percent of the account equity. Default 2%).

-              Dynamic lot sizing ;(Ex: the lot size will change based on the market volatility and your risk or you can use the fixed lot size option for a manual setting.)

-              Finetune your stop loss and take profit levels (SLRatio and TPRatio) by ATR multiples or manual setting in points;

-              Dynamic trail stop (Can be turned of in the settings).

-              Money management with the use of ATR, affecting the stoploss, takeprofit, and lot sizing (can be turned off);


Momentum M Settings

START_TradingTime The start of active trading hours in hh:mm format.

STOP_TradingTime The start of inactive trading hours in hh:mm format.

Manual_Mode_Points Change between use of ATR (False option) and Manual setting in Points (True option) for SLRatio, TPRatio, TPRatio2 Default False;

DynamicStoploss ; The option to turn of the Dynamic Stoploss feature

Risk ; Maximum risk allowed per trade Default 2%

FixedLots ;Change this with the desired lot size if you don’t want an automated lot sizing based on the Risk. 

SLRatio ;Stop loss ratio. Calculated based on the ATR indicator, setting this to 1.75 will place  the stop loss 1.75*ATR 

TPRatio ; Takeprofit ratio. Calculated based on the ATR indicator, setting this to 1.5 will place  the takeprofit 1.5*ATR. 

MomentumParameter = 14 ;

MomentumTrigger = 100;

MaxOrders; Maximum allowed  orders per currency pair;


Product is free so please leave a comment! How does it work for you ? What can I improve?

Thank you!


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Dark Algo
Marco Solito
4.75 (53)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
Gold Scalper Trading
Ho Tuan Thang
4.15 (13)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is one of the EAs I have used. using and trading with fund management account
AW Recovery EA
AW Trading Software Limited
4.36 (73)
L'Expert Advisor è un sistema pensato per recuperare posizioni non redditizie.   L'algoritmo dell'autore blocca una posizione perdente, la divide in molte parti separate e chiude ciascuna di esse separatamente. La facile configurazione, il lancio ritardato in caso di drawdown, il blocco, la disabilitazione di altri Expert Advisor, la media con il filtraggio delle tendenze e la chiusura parziale di una posizione in perdita sono integrati in un unico strumento. È l'uso della chiusura delle perdit
Trend Line PRO EA mt4
Evgenii Aksenov
4.7 (43)
The Expert Advisor trades on the signals of the Trend Line PRO indicator. Orders are managed automatically. The EA has a Recovery function that increases the order size if the previous trade was closed with a loss. You can use from 1 to 3 orders at the same time. The Expert Advisor fully complies with the indicator signals and FIFO rules, does not use the grid function, which allows you to start trading with a minimum deposit of $100 The EA has a mobile trading panel for managing auto-trading f
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Sequoia mt4
Yvan Musatov
3.4 (5)
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
AW Classic MACD EA
AW Trading Software Limited
3.67 (3)
Sistema di trading completamente automatizzato. Un classico indicatore viene utilizzato come segnali       MACD   , che combina un indicatore di tendenza con un oscillatore per rilevare i punti di ingresso. Utilizza la media, la funzione di chiusura del primo e dell'ultimo paniere di ordini e la funzione di calcolo automatico del lotto. Ha una dashboard avanzata e tre tipi di notifiche. Problem solving ->   HERE  / MT5 version ->  HERE   /   Instruction  ->   HERE   Benefici: Sistema di tradi
Altri dall’autore
Anchor Scalper
Bogdan Mihail Moise
Hi and welcome to Anchor Scalper ! The EA   does not use martingale or grid.   It only enters a trade with   pending orders  and  uses a stop loss   for each trade! I learned this strategy from ForexSignals (Check them out on their youtube channel ForexSignals TV for this strategy and many more.) and decided to create an expert advisor on it. https://www.youtube.com/watch?v=0hUJTsjYPcQ&amp ;t=504s Before I go any further I want to mention that I'm not affiliated  with the above mentioned cha
Renko HMA
Bogdan Mihail Moise
Renko HMA  Channel is a professional EA the uses Renko charts in combination with the Hull Moving Average. Time Frame :   This expert advisor works on all timeframes; Account balance:   it doesn't matter, but I recommend at least 1000 EUR or 1500 USD; Currency pair :       Doesn't matter ; Warning! Do not use the default settings, always use optimization option in strategy tester to find the best settings for your broker, preferred chart and timeframe! - Multiple user options, for finetun
Plug and Play
Bogdan Mihail Moise
BM Plug&Play Easy to use, convenient and efficient!  No input from you required,  no messing with settings or optimization processes ,   just attached on chart and let it do its magic. Recommended Time Frame: Day (This expert advisor works on all timeframes, but it’s build with the daily one in mind); Account balance: it doesn't matter, but I recommend at least 1000 EUR or 1500 USD; Tested and optimized currency pairs: EURUSD; EURCHF; EURJPY; EURAUD;   EURCAD; EURNZD; USDCHF; USDCAD; USDJPY;
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Versione 1.32 2024.03.19
- Code optimization;
Versione 1.30 2021.09.20
Added an option to turn of time filter;
Versione 1.20 2021.09.10
Choose trading time option added;
Versione 1.10 2021.04.24
Code optimization;