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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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# Neon Trade MT4 Nossa comunidade Telegram Apresentamos a você Neon Trade - uma inovação única na área de negociação algorítmica nos mercados de câmbio, usando métodos avançados de aprendizado de máquina. Nosso consultor é totalmente autônomo e pronto para operar após a instalação em qualquer gráfico e prazo. Funciona de acordo com o princípio - pendurou no gráfico e esqueceu. A única coisa que você precisa fazer é permitir o acesso à minha API " https://xmpp.madsysadm.ru " nas configurações do
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The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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Sinal ao Vivo-1: Clique aqui Versão MT5: Clique aqui Obtenha o Quantum Algo EA gratuitamente (para 2 contas de negociação) -> entre em contato comigo após a compra Bem-vindo ao Nasdaq Algo Trading Este EA (Advisor Especialista) é criado e projetado por uma equipe com mais de 13 anos de experiência em programação e negociação. O EA se concentra no desenvolvimento de um sistema que possa fornecer lucros estáveis e de longo prazo. Ele utiliza estratégias sem risco, evitando métodos como Martin
BitBull EA MT4
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Dear Traders, I am very pleased to introduce our latest project to you. EA BitBull . Real cryptocurrency trading has now become a reality! Signals: Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price will steadily increase to limit sales. Next price is   690 USD . With the help of our esteemed partners from all over the world, we have succeeded in developing an innovative crypto strategy. This strategy seam
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Correct Approach   is a multi-currency multi-functional Expert Advisor that works on any time frame and in any market conditions. The robot is based on an averaging system with a non-geometric progression of building a trading grid. Built-in protection systems: special filters, spread control, internal trading time limit. Building a trading grid taking into account important internal levels. Possibility to adjust trading aggressiveness. The Expert Advisor comes with proven templates for vario
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Versão 1.32 2024.03.19
- Code optimization;
Versão 1.30 2021.09.20
Added an option to turn of time filter;
Versão 1.20 2021.09.10
Choose trading time option added;
Versão 1.10 2021.04.24
Code optimization;