Momentum Trend Catch
- Experts
- Park Seongcheon
- Version: 1.1
- Activations: 5
GOLD Dedicated Momentum Trend Trading EA
Official User Manual (English Version)
1️⃣ Overview
NEXA EA 005 – Momentum Trend Catch is a low-frequency, high risk-reward (RR)
momentum-based trend following Expert Advisor designed exclusively for GOLD (XAUUSD).
This EA does not aim for scalping or high-frequency trading.
Instead, it enters trades only when a higher-timeframe trend and a lower-timeframe momentum breakout align on a confirmed (closed) candle, effectively filtering out market noise.
2️⃣ Core Strategy Logic
🔹 Trend Detection (Higher Timeframe)
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H1 EMA 50 as the main trend filter
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Trades only in the direction of price relative to EMA
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Trend strength calculated using ATR-based distance scoring
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Trades allowed only when the minimum trend score is met
🔹 Entry Trigger (Lower Timeframe)
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M5 confirmed candle only
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Momentum indicator breaks above its average
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Minimum candle body ratio requirement
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Breakout of recent highs/lows
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Optional volume expansion filter
👉 All conditions are evaluated on closed candles only (no repainting).
3️⃣ Entry & Exit Rules
▶ Entry Rules
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One trade evaluation per candle
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Maximum one open position at a time
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No trades when spread exceeds the defined limit
▶ Stop Loss & Take Profit
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Stop Loss (SL): ATR × 2.0
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Take Profit (TP): Risk-Reward multiple
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Default: RR 6.3
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Designed to keep losses small and let profits run
4️⃣ Trade Frequency & Strategy Characteristics (Important)
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Low trade frequency
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Approximately 60–80 trades per year, depending on market conditions
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Consecutive losing trades may occur
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A small number of strong trend trades typically generate most of the profit
⚠️ This EA does not aim for a high win rate.
⚠️ Users must be comfortable with drawdowns and losing streaks.
5️⃣ Recommended Trading Environment
| Item | Recommendation |
|---|---|
| Symbol | GOLD (XAUUSD) |
| Account Type | ECN / Low-spread broker |
| Minimum Capital | $1,000 or higher |
| Lot Size | 0.01 fixed lot |
| Leverage | 1:200 or higher |
| Trading Style | Long-term / Portfolio-based |
6️⃣ Input Parameters Explanation
▶ General
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InpSymbol: Trading symbol (default: GOLD)
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InpLots: Fixed lot size (default: 0.01)
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InpMagic: Unique magic number
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InpMaxSpread: Maximum allowed spread
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InpMaxPositions: Maximum open positions
▶ Timeframes
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TrendTF: Trend timeframe (default: H1)
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TriggerTF: Entry timeframe (default: M5)
▶ Trend
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InpEmaPeriod: EMA period (default: 50)
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InpTrendScoreMin: Minimum trend score
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InpTrendScoreCap: Trend score cap multiplier
▶ Momentum / Volume
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Momentum averaging period
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Candle body ratio threshold
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Volume filter on/off option
▶ Risk
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InpAtrMult: ATR stop-loss multiplier
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InpRR: Risk-Reward ratio
7️⃣ Backtest Summary (Reference Only)
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Test period: ~5 years
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Total trades: 300+
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Profit Factor: 1.4+
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Maximum Drawdown: ~25–30%
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Balance Curve: Consistent long-term uptrend
📌 Results are based on long-term structural validation, not curve-fitting.
8️⃣ Risk Disclaimer (Mandatory)
⚠️ This EA may experience consecutive losing trades.
⚠️ It is not suitable for users seeking high win-rate strategies.
⚠️ Always test on a demo account before using on a live account.
⚠️ Results may vary depending on broker conditions, spreads, and market environment.
9️⃣ Recommended For / Not Recommended For
✅ Recommended For
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Traders focusing on GOLD-only automation
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Users who understand low-frequency, high RR strategies
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Long-term, disciplined traders
❌ Not Recommended For
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Users expecting frequent daily trades
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Users focused only on win rate
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Short-term or impatient traders
🔟 Final Notes
NEXA EA 005 – Momentum Trend Catch is not a typical retail EA.
It is a strategy-driven trading engine designed to wait patiently and capitalize on strong momentum trends.
For traders who understand its characteristics,
this EA can serve as a reliable long-term trading tool.
