Volume Guard Momentum EA
- Experts
- David Nagy
- Version: 1.3
- Activations: 10
Volume Guard Momentum EA
Volume Guard Momentum EA is a Forex trading robot (Expert Advisor) for MetaTrader 5 designed to trade based on price direction combined with tick volume activity.
The EA analyzes candle direction and volume levels to identify periods of increased market activity. Trades are executed only when both price movement and volume conditions meet the defined criteria.
The system is designed to reduce trading during low-activity periods and focus on moments when market participation is higher.
The EA includes built-in risk control features, including an equity-based protection mechanism. Trading activity can be limited or stopped if a predefined drawdown level is reached.
Main features:
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Volume-filtered trade entries
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Combined price direction and volume logic
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Optional close on reverse signal
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Control of maximum open positions
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Equity drawdown protection
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Support for multi-EA operation (Magic Number)
How it works:
The EA monitors tick volume and candle direction on the selected timeframe. When volume exceeds the defined threshold and price direction is consistent, a trade can be executed.
If an opposite signal appears, the EA can optionally close existing positions.
If the defined equity drawdown level is reached, the EA can limit or stop trading activity.
Input parameters:
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Lot Size: trade volume
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Minimum Tick Volume: threshold for trade activation
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Max Open Positions: limit of simultaneous trades
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Timeframe: timeframe used for analysis
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Max Equity Drawdown: percentage limit for risk control
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Magic Number: identifier for EA trades
Recommended usage:
The EA can be used on M15 and H1 timeframes. It is suitable for liquid instruments such as EURUSD, GBPUSD, USDJPY, and XAUUSD.
Volume-based strategies depend on market activity and may perform differently across sessions.
Keywords: forex robot, MT5 Expert Advisor, volume trading, momentum strategy, algorithmic trading, automated trading system
Additional information:
Other products from the same developer are available in the Market.
Risk disclosure:
Trading financial instruments involves risk and may result in loss of capital. It is recommended to test the product in a demo environment before using it on a live account.
This product operates based on user-defined settings. Results may vary depending on market conditions.
Past performance does not guarantee future results.
