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Momentum Divergence Expert Advisor

Forex Robot Based on Momentum Divergence

Forex Robot uses Momentum divergence indicator.

Currencies: EURUSD, GBPUSD, AUDUSD, USDCAD, EURGBP, EURJPY, GBPCHF and GBPCAD.

It opens an order in the direction of the arrow.

If the price goes against our position and divergence appears again on momentum indicator, robot will open one more order.

The robot will close all positions, if the total open interest reached a profit target.

The following list illustrates optimal RiskRatio values per AccountBalance:

  • 5 000 - 15 000 | 0.1
  • 15 000 - 25 000 | 0.2
  • 25 000 - 35 000 | 0.3
  • 35 000 - 45 000 | 0.4
  • 45 000 - 55 000 | 0.5
  • 55 000 - 65 000 | 0.6

EA requires minimal deposit of 10 000 with minimum lot size = 0.01.

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