FlowMentum
- Indicators
-
Michael Prescott Burney
I am a professional trader and Expert Advisor developer focused on building high-performance, risk-driven systems for MetaTrader 5. - Version: 1.10
Flowmentum MT5 is designed to analyze price momentum and trend conditions through a structured multi-stage process. The indicator combines volatility analysis, trend filtering, and visual trade guidance to assist traders in identifying potential market opportunities.
The system begins with momentum shift detection. It monitors price impulses using dynamic breakout levels derived from the Average True Range (ATR). This approach helps identify significant price movement while reducing weaker signals. A built-in cooldown period and directional filtering logic are applied to limit repetitive signals and improve overall stability.
Trend direction is evaluated using a dual Exponential Moving Average (EMA) structure. This provides a responsive framework for identifying prevailing market direction. Adaptive volatility bands based on ATR expand and contract according to market conditions, allowing the indicator to reflect changing volatility while providing context for price behavior.
When a momentum breakout aligns with the confirmed trend direction, the indicator generates a clear visual signal on the chart. Buy and Sell arrows appear when momentum expansion occurs in agreement with the prevailing trend structure, allowing traders to quickly identify potential entry points.
Flowmentum MT5 also includes dynamic risk-to-reward visualization. When a signal is generated, a color-coded risk box is drawn directly on the chart to illustrate the potential trade structure. Buy setups are displayed using teal boxes, while sell setups are shown in tomato color. The stop loss level is calculated using ATR and a configurable multiplier, while the take profit level is determined by the selected risk-to-reward ratio.
The risk box dynamically extends from the entry bar until a defined exit condition is identified, such as an early exit signal or a reversal indication. This provides a visual representation of the potential trade path and helps traders understand the indicator’s internal trade management logic.
Flowmentum MT5 is intended to provide a structured analytical framework that combines momentum detection, adaptive trend evaluation, and visual risk guidance within the MetaTrader 5 platform.
You absolutely cannot trust Mike. He has no integrity at all. Anyone who has ever purchased products from him or will purchase from him in the future should act with caution! Because I spent 900 USDT to buy what he called "Code Guardian", but he only sent me a few useless trading automation programs (EA). These programs always result in losses when they run. I tried to contact him many times, but he never replied. He has never provided me with an EA that can make me money. Later, he purchased his EA on the Medak platform, but ultimately still suffered losses. After I informed everyone on the EA platform of the truth, Mike came to me and asked me to subscribe to his signals to help me make money. However, I naively believed him. He did not help me make money; instead, he deliberately placed hundreds of 0.01 orders, resulting in a floating loss of 8000 USDT, causing me to suffer a huge loss. This person has a strong sense of revenge. Moreover, the EA he sells is constantly being updated. The price might change from 699 USDT the day before to 30 USDT the next day, or even become free. When there are many negative reviews, it will be removed from the market. Once you come into contact with him, it means the beginning of bad luck. I believe that God will punish those who lack integrity!