Excellent algorithm from a highly reputable and followed author, can't endorse it enough.
Mood EA mt5
Mood EA mt5 - works on the Momentum indicator, which is a leading indicator. To enter a position, the advisor uses the oversold or overbought conditions of this indicator, catching the "mood" of traders.
For Expert Advisor need hedge type account.
Real-time results can be viewed here.
Telegram group here telegram channel here
Current settings are always here
A beginner's guide is here
SETTINGS
- Open new series - on / off beginning of a new seri
- Start lots - start lot.
- Trade Buy - allow the adviser to buy.
- Trade Sell - allow the adviser to sell.
- Support manual orders - allowed or not for EA manage manual orders.
- Use hedge - allow the adviser to trade both direction buy and sell. If off only one trade direction.
- Use Money Management - on / off use of automatic lot calculation.
- Autolot. Free margin for each 0.01 lot - the amount of free margin for opening every 0.01 lots.
- Lot miltiplier - lot multiplier for the following orders.
- TP - take profit, in pips.
- SL - stop loss, in pips from the first order.
- Grid Step - distance between orders.
- Trail Start - activation of a trailing stop.
- Trail Step - distance from the price when activating a trailing stop.
- DD Reduction Algoritm - drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
- Number order for DD Reduction Algoritm - from which order the drawdown reduction algorithm is activated.
- Percent profit for DD Reduction Algoritm - percentage of profit when closing orders in the drawdown reduction mode.
- Magic - is a special number that the EA assigns to its orders.
- Start, End hour - time for opening the first order.
- Maximum Lot - maximum lot.
- Maximum spread - the maximum spread for the adviser.
- Mom_Period - period of the Momentum indicator.
- Up Level - the reading of the Momentum indicator above which the EA sells.
- Down Level - the reading of the Momentum indicator below which the advisor buys.


Excellent results in backtests, just bought and loaded it on real account. Great support from seller!

Excellent results in backtests, just bought and loaded it on real account. Great support from seller!

Excellent algorithm from a highly reputable and followed author, can't endorse it enough.

tested on demo now left on real account. every day making profit