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Momentum Classic

3.9

Momentum Classic Live results: https://www.mql5.com/en/signals/579509

Momentum Classic  is a completely automatic trading EA. It is a fact that market is mostly trading in range and high-power bursts are rare. These sharp movements are starting with momentum, which is a signal to trend start, increased volatility and trading volumes. We built a special algo, which seeks for such Impulse (Momentum), to signal trade entry. Momentum Classic also has several filters, based on deviation from standard market volatility, so the EA can tell noise from the real trend emerging.

Momentum Classic opens all trades only according to the Trend in the direction of the Impulse and don't open Reverse trades! Momentum Classic is built on the Price Action principles and is measuring strength of Momentum not only by deviation from standard volatility, but also using technical indicator like RSI and ATR.

Momentum Classic is a safe system and don't use dangerous methods, like:

  • Martingale, Grid and Averaging;
  • Scalping;
  • Multicurrency trading and Heding;

All trades of Momentum Classic have a  Stop Loss and Take Profit, as well as Trailing Stop mechanism to protect floating profit. It's make system much more safe and stable.

Momentum Classic v.3.6 Backtests since 2003 year (Dukascopy history data, Variable spread, 99% quality): Download >>

Momentum Classic is designed for next currency pairs and timeframes:

  • M15: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY, XAUUSD;
  • M30: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY, XAUUSD;
  • H1: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY, XAUUSD;

Momentum Classic  is a long-term investment strategy. EA can trade on any kind of broker account (ECN, STP or other) and it is not dependent on spread size, commission or slippage and provides highly stable trading performance.

Parameters

  • Comment - prefix for comments to trades.
  • GMT Offset (Broker Winter TimeZone);
  • Money Management Type - type of money management:
    • Fixed Lot - fixed lot size (not recommended, since the SL value is floating).
    • Risk Level - risk level.
  • Money Management - risk per trade.
  • Supported Currency Pairs - supported currency pairs.
  • M15 - currency pairs supported on М15 (AUDUSD;EURAUD;EURGBP;EURJPY;EURUSD;GBPJPY;GBPUSD;USDCHF;USDJPY;XAUUSD).
  • М30 - currency pairs supported on М30 (AUDUSD;EURAUD;EURGBP;EURJPY;EURUSD;GBPJPY;GBPUSD;USDCHF;USDJPY;XAUUSD).
  • Н1 - currency pairs supported on Н1 (AUDUSD;EURAUD;EURGBP;EURJPY;EURUSD;GBPJPY;GBPUSD;USDCHF;USDJPY;XAUUSD).
  • One Chart Mode - activate the One Chart Mode (trade all pairs from one chart on the specified timeframe).
  • Symbol Prefix - prefix of the traded pair (for example: "pro.", if the name of the pair is "pro.EURUSD").
  • Symbol Suffix - suffix of the traded pair (for example: ".pro", if the name of the pair is "EURUSD.pro").
  • Special Symbol - activate the Special symbol mode (for example: if your broker uses GOLD instead of XAUUSD, attach the EA (with the One Chart Mode disabled) to the chart and enter "XAUUSD" in the Special Symbol Name field).
  • Special Symbol Name - name of the special symbol.
Reviews 20
Ck.
1041
Ck. 2020.03.01 14:56 
 

I have good results, stable and low risk.

EVGENII ANDREEV
143
EVGENII ANDREEV 2020.02.07 17:47 
 

Пользуюсь советником 4ый месяц, полностью устраивает его работа, рекомендую к покупке.

Создателю отдельное спасибо за рабочий продукт!

I use the adviser for the 4th month, his work is completely satisfied, I recommend for purchase. Special thanks to the creator for the working product!

Olivier Mensonides
1489
Olivier Mensonides 2020.02.03 22:53 
 

Great EA, not too many trades, however profitable! Author is helpful and replying fast.

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danielshang
494
danielshang 2020.04.27 02:52 
 

User didn't leave any comment to the rating

peronpmt4
1682
peronpmt4 2020.03.17 16:35 
 

Author very available to find solutions to any problem, but performance is negative!!

Ck.
1041
Ck. 2020.03.01 14:56 
 

I have good results, stable and low risk.

dorederka
417
dorederka 2020.02.21 20:37 
 

.

EVGENII ANDREEV
143
EVGENII ANDREEV 2020.02.07 17:47 
 

Пользуюсь советником 4ый месяц, полностью устраивает его работа, рекомендую к покупке.

Создателю отдельное спасибо за рабочий продукт!

I use the adviser for the 4th month, his work is completely satisfied, I recommend for purchase. Special thanks to the creator for the working product!

Olivier Mensonides
1489
Olivier Mensonides 2020.02.03 22:53 
 

Great EA, not too many trades, however profitable! Author is helpful and replying fast.

Guilai Zhang
961
Guilai Zhang 2019.12.09 16:10 
 

User didn't leave any comment to the rating

SENMAO ZHANG
699
SENMAO ZHANG 2019.12.03 07:38 
 

For one month, there is no same order with the signal. I haven't made any money, but I haven't lost money. I will update my comments in the future.

Po Yuan Chen
1692
Po Yuan Chen 2019.11.30 14:37 
 

Real account signals! I started trading with the lowest profit month and had some issues with different trades with different brokers. Thanks to Author has made the new version much better and stable!

I believe trading with the trend is always a safer strategy, also stoploss and trailing stop def make this EA good for long term use! This might not make as much profit compare to those martingale systems but

this EA will keep your account alive for a long time!:) Highly recommended!

Maik Siebel
761
Maik Siebel 2019.11.28 10:34 
 

So far profitable with manageable drawdown on the live account.

www.ea-testing.com

hardway17
208
hardway17 2019.10.17 20:36 
 

Author is replying really fast. Give good advice. Lets see how the ea will perform.

Yeun Jung Hwan
675
Yeun Jung Hwan 2019.10.13 01:23 
 

Very good EAIn just a week, she achieved 20% revenue.$ 400 is a very good price and I think it's an opportunity now.

Mark Us
603
Mark Us 2019.10.11 22:31 
 

11.10.19

Check my commet #166 (Page 9)

vladimir9010
608
vladimir9010 2019.10.10 16:45 
 

I think that Ivan is good developer and I ecourage him to continue with the good work. I trust his EA and I think I will use them for the future.

Stanislav Gordiienko
832
Stanislav Gordiienko 2019.10.06 09:44 
 

пользуюсь месяц . приббыли за прошедший период не было , но это нормально , месяц может быть и убыточным . однако робот недоработан - может войти завышенным более чем в 10 раз объемом и соответственно заниженным s/l . таким образом втечение 13 секунд закрылись по стопу и потеряли 2% депозита

автор выпустил обновление , работает корректно , также у автора есть сигнал на реальном счете , что подтверждает работу эксперта , однако нужно иметь ввиду , что эксперт может по разному работать у разных брокеров и на разных типах

счетов . как я понимаю нужен брокер с хорошим ECN/STP исполнением

12.12.2020 прошло более года , я только теряю деньги этим советником . убрал с торговли

Eric Gimonet
562
Eric Gimonet 2019.10.04 06:32 
 

Update 31th of October 19: new releases look more stable - I will update review in the coming months

----------------------------------------------

After one month, results are divergent from signal.

Majority of lost.

Many strange trades with more than leverage 40.

Not stable product.

Oystein Knudsen
1245
Oystein Knudsen 2019.10.03 22:20 
 

Used the EA on demo for one month.

Start balance: 5000

End balance: 4967

4 Signals in 4 weeks. And majority in a loss. Not good.

zhangke888
46
zhangke888 2019.10.02 14:15 
 

Accounts and signals do not match very well, and many transactions and signals are different. The author did not give a clear answer.

n.habib
56
n.habib 2019.09.25 16:20 
 

7 Trades in a month.. 3 profit - 4 losses.

EA trade operations doesn't match the signal(Not even the pairs). As Ivan told me it depends on broker feed.

For comparison Signal shows approx +11% and 1% for Aug and Sep respectively. My account was -6% and -3%.

However this don't mean the system is bad, i just didn't had the time to evaluate. It is on expensive side for me to rent for evaluating. Maybe i'll give it another try sometime.

It is difficult to evaluate a system in a month with a system that doesn't show much and doesn't open positions quite often, doesn't match signal and depends on broker specific data (means historical results will also be different).

Ivan was helpful with initial setup and was quick to respond to the questions professionally.

lemonlenny
679
lemonlenny 2019.09.24 03:13 
 

User didn't leave any comment to the rating

12
Reply to review
Version 3.7 2021.09.18
- Bug fix;
- Updated OneChartSetup;
- Reoptimized presets:

M15: AUDUSD, EURAUD, EURJPY, GBPJPY
M30: EURGBP, GBPJPY
H1: AUDUSD, EURAUD, EURUSD, XAUUSD
Version 3.6 2020.05.05
- Optimized OneChartMode mechanism;
- Added AutoGMT function;
- Added Info Panel;
- Reduced number of trades from 4 to 2. This increases productivity, reduces maximum drawdown;
Version 3.5 2020.04.20
- OneChartMode improves for higher stability;
Version 3.4 2020.04.16
- Fixed the number of trades for EURJPY. The system opened 2 trades instead of 4;
Version 3.3 2020.03.24
- Max Spread filter;
Version 3.2 2020.01.27
Updated presets:

M15: AUDUSD, EURJPY, GBPJPY, GBPUSD, USDJPY
M30: EURAUD, EURJPY, GBPJPY,
H1: EURJPY, GBPUSD, USDCHF, XAUUSD
Version 3.1 2019.10.31
- Bug fixing;
- Code optimization for fastest performance;
Version 3.0 2019.10.12
- Fixed problem of short Stop Loss;
- Updated mechanism of the channel calculating;
- Added function, which count bars at history to build a channel and count impulse;
- Fully reoptimized presets for all currency pairs and timeframes.
Version 2.3 2019.08.14
- RAM usage Bug-Fix;
Version 2.2 2019.08.08
- Reoptimized settings;
- Fast Trailing Stop Mechanism;
- Special Symbol settings;
- Bug fix;
Version 2.0 2019.03.23
- Added OneChartMode;
- More safety strategy;
- Reoptimized settings;
Version 1.2 2018.12.20
- Bug fixes;
Version 1.1 2018.12.05
- Bug Fixes: some orders in group have been opened with the incorrect SL/TP;