RoundLevelMomentumEA

OVERVIEW

Round Level Momentum EA is an automated trading system designed to identify momentum moves around predefined psychological price levels.

The EA uses price action and round-number levels to place breakout orders. It does not require technical indicators.

STRATEGY LOGIC

Long setup:
- Price moves upward through the 50 level.
- A Buy Stop order is placed at the 80 level.
- Initial stop-loss: 20 pips.
- First target: 20 pips.
- At the first target, the EA closes 50% of the position and moves the stop-loss to breakeven.
- Final target: 40 pips from entry.

Short setup:
- Price moves downward through the 50 level.
- A Sell Stop order is placed at the 20 level.
- Initial stop-loss: 20 pips.
- First target: 20 pips.
- At the first target, the EA closes 50% of the position and moves the stop-loss to breakeven.
- Final target: 40 pips from entry.

TRADING SESSION

The default trading session is 09:00–17:00 GMT. Adjust the time settings to match the strategy and broker environment.

DEFAULT SETTINGS

- Signal timeframe: M30
- Stop-loss: 20 pips
- First take-profit: 20 pips
- Final take-profit: 40 pips
- Partial close at first target: 50%
- Default position size: 0.10 lots
- Optional percentage-risk position sizing
- Long and short trading controls
- Spread and execution-deviation controls

POSITION SIZING AND RISK

Fixed-lot sizing is enabled by default. Percentage-risk sizing is available as an option.

Trading involves risk. Stop-loss orders do not guarantee execution at the requested price during gaps or fast markets. Actual results may vary because of spread, commission, slippage, liquidity, and broker execution.

SYMBOLS AND TIMEFRAME

The default signal timeframe is M30. The EA may require adjustment of the pip-size input for the selected instrument. Verify the symbol's tick size, contract specifications, and trading conditions before use.

INSTALLATION

1. Install the EA in MetaTrader 5.
2. Attach it to a chart of the intended instrument.
3. Review the inputs, especially pip size, position sizing, session, and execution settings.
4. Enable Algo Trading and verify that the EA is operating as intended.
5. Test the EA in Strategy Tester before using it on a live account.

TESTING

Backtest results have not been provided with this product description. Test the EA using your broker's historical data, realistic spread and commission settings, and an appropriate execution model. Past performance does not guarantee future results.

RISK DISCLAIMER

This Expert Advisor is a trading tool, not financial advice. Automated trading can result in partial or total loss of capital. Test carefully on a demo account before considering live use. You are responsible for your trading decisions and risk.
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Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
Gold Beaver
Arnold Bobrinskii
5 (3)
Gold Beaver - limited offer $250 instead of $450. 10 copies at this price.   Live signal   GOLD BEAVER MT5 — XAUUSD EA One-click setup. Drag onto an XAUUSD M1 chart and it trades. Defaults are ready to run, no tuning required. Not HFT. No low-latency connection required. Trades are evaluated on M15 boundary candles, so OHLC testing is sufficient. 12 selectable strategies, developed with a custom JIT-compiled Python research engine independent of the MT5 tester. They are not hand-tuned and n
ArtQuant Gold
Miguel Angel Vico Alba
4.23 (26)
ArtQuant Gold — Multi-Module Expert Advisor for XAUUSD ArtQuant Gold is an automated trading system developed exclusively for Gold trading on MetaTrader 5. The EA combines multiple independent trading modules with centralized portfolio management, exposure limits, execution filters, virtual trade management and account-protection tools. It is designed for traders who want a dedicated XAUUSD system without having to configure individual indicators or internal strategy parameters. ArtQuant Gold su
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Description The MTF Trend Matrix is an institutional-grade quantitative dashboard engineered for serious swing traders and professionals navigating strict proprietary firm evaluations. Built for high-stakes CFD and forex markets, this uncompromising analytical suite processes deep market data across six fractal timeframes (Current, M5, M15, H1, H4, and D1). It distills complex market mechanics into a single, elegant graphical interface, allowing you to execute with absolute precision. Algorithmi
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