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Momentum EA boa MT5

RE-LAUNCH PROMO: 1 COPY LEFT AT 350$! NEXT PRICE -> 450$

(final price: 490$)

!! THE NEW VERSION (2019) IS THE RESULT OF 3 YEARS LIVE FORWARD TESTING !!


MOMENTUM EA is a price action swing system which does 2 things:

  • First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades.
  • Second strategy will try to catch these trend reversals. Also with this strategy, the EA will open multiple trades if the reversal trend is strong.


This BOA version will run the Best Of All version from the MT4 original, a selection of the very best from the original bestseller.  It can be set up fully, running 14 pairs on 4 different timeframes, from a single chart using the OneChartSetup option!


Key characteristics

  • All trades have stop loss at a safe, but not too far distant. Protecting capital is rule number 1 in trading.
  • Some trades have fixed take profit, others will use a trailing stop
  • Multiple algorithms are used for managing the closing of the trade(s)
  • Even if price doesn't reach the take profit levels, the group of open trades can still close in profit. So we don't always need the trend to be very strong to be profitable.
  • Proved money-management techniques, used in all my EA's.
  • This is a long term EA, which does a lot of trades, but it will not trade every day. Only when strong price movements are detected, trades will be opened.
  • The EA is very versatile: it can be used and optimized on multiple timeframes and for multiple pairs. More timeframes and pairs will become available in the future.
  • The EA uses only candle OPEN and CLOSE values, so less risk for faulty backtesting (tick data testing and 'open-prices only' backtesting are almost identical)
  • This EA uses pure PRICE ACTION (price movement) for entering trades. No lagging indicators are used.
  • The EA has an "automatic settings loading" system build in, so it will automatically select the best settings for the pair and timeframe.
  • The EA is very limited influenced by spread or slippage, so it is safe to run in almost all market conditions and trade-account types.
  • The EA can do a lot of trades, so it is also very interesting to use it for rebates!


Parameters

  • Base_Magicnumber = base magicnumber for breakout strategy
  • Base_Magicnumber2 = base magicnumber for reversal strategy
  • trade_comment = comment of the trades
  • when true, the EA will run all 14 pairs from a single chart.  When false, the EA will only run the pair from the chart.
  • Here you can set all pairs that will be run with the OneChartSetup option
  • suffix = here you must place the suffix that your broker uses
  • Lotsize calculation mode: Here you can select to use fixed lotsize or automatic lotsize calculations based on LotsizeStep
  • LotsizeStep: Here you can set the amount of balance to be used for every 0.01lots
  • StartLots: Here you can set the fixed lotsize, or the minimum lotsize when using LotsizeSteps
  • OnlyUp: this will make the EA only increase lotsize and never decrease
  • Random_Mode: here you can choose to 'randomize' various internal parameters, like SL, TP and entry parameters

Recommended pairs

  • EURUSD, GBPUSD, USDCHF, EURGBP, AUDUSD, USDJPY, EURJPY, GBPJPY, EURAUD, NZDUSD, EURCAD, USDCAD, AUDJPY and XAUUSD

Setup of the EA:

  • Simply run the EA on 1 chart (M5 EURUSD recommended) and enable the OneChartSetup
  • The EA will run all pairs on the correct timeframes automatically from this 1 chart

Recommended timeframe for backtesting: M5 using 'open prices only'



Past performance is no guarantee for the future


Comentarios 3
Georgios Daskaleas
728
Georgios Daskaleas 2019.11.01 17:43 
 

Just Brilliant. Another creation of Mr. Schrynemaker is coming to show to all of us that momentum systems are still a choice. 5 Stars from me. I do not understand how a trader following the recommended settings can have a drawdown of more than 15%-20%, which is welcome if your SQN is above 5!

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Limited number of copies will be sold on MQL5 market LAUNCH PROMO: ONLY 5 COPIES OUT OF 5 LEFT AT $ 499 ! Next price:   $ 599  BKK Super Hedge strategy: With high volatility in the Forex market,We know that highly correlated currencies almost always behave in a mirror fashion. But there are moments of deviation (divergence of currencies) from the normal value. That is why we decided to create our own BKK Super Hedge automated trading tactics, which will include both elements of hedging trading,
499 USD
Breakout Deviation MT5
Sabil Yudifera
Breakout Deviation MT5 is a fully automated Standard Deviation Breakout System. After a one-way high movement, a breakout movement can be predicted. The system only focuses on a stable breakout movement. The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses triangular fixed takeprofit for all position. if you need help, I always help you, please contact me ! Old Signal :  https://www.mql5.com/en/signals/887799 Next Signal: https://www.mql5.com/en/signals/93598
499 USD
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
Asesor comercial universal en indicadores personalizados para  MetaTrader 5  . Constructor de estrategia Versión para MetaTrader4:  la  versión  xCustomEA   para el terminal MetaTrader 4 La funcionalidad del asesor comercial universal xCustomEA duplica exactamente todos los parámetros de nuestro asesor  The X ,  excepto uno: El xCustomEA  funciona con un indicador personalizado y tiene la capacidad de programar su propia estrategia comercial para terminales MT5. El xCustomEA  tiene un enlace a i
500 USD
Breakout Envelopes MT5
Sabil Yudifera
The Expert Advisor identifies extreme overbought and oversold conditions in a market. Opening positions on extreme overbought conditions or extreme oversold conditions allows for getting the highest profit. If the starting position is in a loss, then the second or third position has the probability to gain big profit value. The built-in spread filter manages slippages and spread extension. The EA does NOT use hedging, martingale, grid strategies, arbitration, etc. The Expert Advisor works with S
499 USD
Bober Lannister MT5
Arnold Bobrinskiy
Bober Lannister MT5  - is fully automated cross platform trading robot. Only one trade at a time. No "Recovery algorithm (martingale)" or other dangerous strategies involved. Next order lot size always the same according to Risk settings regardless of achieved result by previous one. Virtual TP and SL  keeps the same distance. Live settings optimized by using real ticks data. Much attention has been paid to forward test results to avoid overfitting. MT4   version of   Bober Lannister   here  
900 USD
Rocket Man MT5
Evgenii Golovanets
Price: $499 8 of 10 copies left at this price Next price $599 Recommended broker Recommended broker №2 Live signal   https://www.mql5.com/en/signals/911160 Telegram channel   https://t.me/rocketman_ea Rocket Man  is a fully automated expert adviser, which implements convenient features to perform multicurrency trading with the ability to widely diversify trading risks. This Forex robot uses just one deal for trading and always use stop loss and take profit to protect capital! Expert never use
499 USD
EuroTrend5
Sergej Sergienko
Price: $599 4 of 10 copies left at this price Next price $699 Signal    https://www.mql5.com/ru/signals/907932 Version for mt4   https://www.mql5.com/ru/market/product/60537?source=Site+Profile+Seller The work of this EA based on machine learning algorithms with using standard indicators of mt5 trading platform. EuroTrend5 uses next indicators: Moving Average, Bulls Power, Bears Power, ATR. EA open deals only with trend. There is possibility  to increase volume of deal after StopLoss. EuroTrend
599 USD
Scalp Breakout mt5
Vitalii Zakharuk
The Expert Advisor ( Scalp Breakout ) can be launched on any hourly period, on any currency pair and on the server of any broker. Unique trading system! It is recommended to work with liquid Forex pairs, with a low spread and use VPS. You can start using it with $ 100 and 0.01 lot. The bot works on both Netting and Hedging account types. There is also a version for MT4 . This is high frequency trading. Uses two trading options: with virtual and real stop losses. Virtual stop levels (take prof
500 USD
Crasher Master Scalper
Jaymar Egonia
Join my channel Https://t.me/fxmind CRASH1000 SCALPER SYSTEM AND AFTER SPIKES THE ROBOT WILL EXECUTE THE ORDER the advantages and features are Fixed Lots and you can decide your own STOPLOSS and TAKEPROFIT and trailing function to avoid spike This “Crash Master Scalper” indicator does all the heavy lifting & gives you accurate signals for scalping on the 1-minute, 5-minute frames. To increase its accuracy, the indicator uses an approach that we call “double confirmation”.when to Buy
500 USD
SharkEA MT5
SERGEI RIEBIN
This robot goes with  short term trends  that are typical for liquid markets such as Forex. It uses  mean reversion  principle together with  careful filtering  of entries and advanced  «smart»  price tracking algorithm  to maximise win rate while keeping risks at bay. It is intended for  long term use  only. It is more suitable for experienced users. Lots of settings for customization. Still can be used by anyone with default settings. Easy setup. No special knowledge needed. Additional set-fil
399 USD
Otros productos de este autor
Advanced Scalper
Wim Schrynemakers
!! CURRENTLY AT 60% DISCOUNT OF FINAL PRICE !! ONLY 1 COPY LEFT AT 390$ Final price -> 990$ !! BUY ADVANCED SCALPER AND RECEIVE 1 EA FOR FREE !!* (*conditions apply, contact me after purchase) Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilities. Of course there
390 USD
Advanced Scalper MT5
Wim Schrynemakers
!! CURRENTLY AT 60% DISCOUNT OF FINAL PRICE !! ONLY 1 COPY LEFT AT 390$ Final price -> 990$ !! BUY ADVANCED SCALPER AND RECEIVE 1 EA FOR FREE !!* (*conditions apply, contact me after purchase) Advanced Scalper is the result of more than 15 years of studying the markets and programming expert advisors. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilitie
390 USD
Red Hawk EA
Wim Schrynemakers
!! ONLY 1 LEFT AT 299$ !! NEXT PRICE: 349$ MT5 VERSION CAN BE FOUND HERE FOLLOW LIVE RESULTS HERE Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or Alpari.com Recomm
299 USD
Grid King
Wim Schrynemakers
Grid King is a revolution in grid trading.  The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market.  It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a limited effect on the account-equity.  Where almost all grid systems will blow your account when things get bad, Grid King will only take a small loss a
390 USD
Gecko
Wim Schrynemakers
Gecko runs a simple, yet very effective, proven strategy.  It looks for important recent high and lows and will trade the breakouts.  The actual execution of this strategy however, is what makes this EA truly shine.  Entry calculations and exit algorithms are not only unique but also very advanced. LIVE RESULTS:  https://www.mql5.com/en/signals/750475 The EA uses many trade management techniques, including but not limited to: a Trailing SL, using multipe parameters to control its function
190 USD
Red Hawk MT5
Wim Schrynemakers
ONLY 2 COPIES LEFT AT 299$ NEW PRICE: 349$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or   Alpari.com Recommended VPS:   4xhosting.com Live results:   https://www
299 USD
Momentum EA
Wim Schrynemakers
MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades. Second str
750 USD
GBPJPY Price Action EA
Wim Schrynemakers
This EA is based on 4 well known price action patterns: Pinbars, Inside bars, Engulfing bars, and Breakouts. The EA is programmed to detect these patterns in the chart and to trade them using very sound risk management. That means that the EA will always use a SL on all trades, with a low risk per trade. The EA is a swing-system so that means it will trade big moves in the market. The big advantage of this, is that it will not really be affected by slippage and spread-widening (withing certain l
150 USD
Night Owl
Wim Schrynemakers
NIGHT OWL is a night scalper that trades during the most quiet times of the market. Markets tend to range in that period and the EA will trade those ranging movements. Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary. The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads wit
125 USD
Momentum EA H1
Wim Schrynemakers
MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades. Second stra
30 000 USD
Momentum EA M5
Wim Schrynemakers
MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades. Second stra
290 USD
Swing Trade Pro
Wim Schrynemakers
SWING TRADE PRO is a swing system based on volatility breakout. It uses strict price action for entering trades. The EA will look for strong price movements and trend reversals, and will monitor 4 timeframes at the same time. It will place maximum 1 order on each timeframe. Each trade will have a predefined SL and TP, but will also use various trade management techniques. One of those techniques consists of monitoring all the open trades on 4 timeframes and adjusting SL to better positions as so
550 USD
Momentum EA BOA
Wim Schrynemakers
RE-LAUNCH PROMO: ONLY 1 COPY LEFT AT 350$! NEXT PRICE -> 450$ (final price: 490$) !! THE NEW VERSION (2019) IS THE RESULT OF 3 YEARS LIVE FORWARD TESTING !! Recommended broker:  http://icmarkets.com/?camp=48854 MOMENTUM EA BOA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of tr
350 USD
Advanced Scalper Essential Edition
Wim Schrynemakers
ADVANCED SCALPER - ESSENTIAL EDITION takes the best from MQL5's Bestseller "Advanced Scalper". It has already a proven live track record since 2016 ! Recommended broker:  http://icmarkets.com/?camp=48854 Advanced Scalper 'Essential Edition' is a very simple and easy to use EA.  There are no parameters to configure, just run the EA on EURUSD H1 and/or USDJPY H4, select your risk, and the EA will do the rest. This EA takes only the best configurations from the original Advanced Scalper, which hav
199 USD
Grid King LITE
Wim Schrynemakers
Grid King LITE is a budget friendly version of the popular Grid King EA, specially made for those traders that try to find an affordable, high performance EA. The LITE version takes ones of the best performing setups from the original and has almost no parameters to set, which makes it a very easy plug-and-play setup.   If you already own the original Grid King EA, you do NOT need this EA. Live results so far:    https://www.mql5.com/en/signals/619924 Recommended broker:  http://icmarkets.com/
250 USD
AutoGenEA
Wim Schrynemakers
AutoGenEA  is an expert advisor developed purely by Generic Machine Learning.     The EA is developed using a software package, made specifically for developing trading-strategies.  It will generate hundreds of different strategies based on good trading logic.  From this group of generated strategies, the algorithm will do generic mutations and improvements.  Each strategy has been created using a 8 year period of historical data (IN-SAMPLE) and tested again multiple years of OUT-OF-SAMPLE dat
150 USD
Swing Trade Pro MT5
Wim Schrynemakers
SWING TRADE PRO is a swing system based on volatility breakout. It uses strict price action for entering trades. The EA will look for strong price movements and trend reversals, and will monitor 4 timeframes at the same time. It will place maximum 1 order on each timeframe. Each trade will have a predefined SL and TP, but will also use various trade management techniques. One of those techniques consists of monitoring all the open trades on 4 timeframes and adjusting SL to better positions as so
350 USD
Grid King MT5
Wim Schrynemakers
Grid King is a revolution in grid trading.  The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market.  It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a limited effect on the account-equity.  Where almost all grid systems will blow your account when things get bad, Grid King will only take a small loss an
399 USD
Grid King LITE MT5
Wim Schrynemakers
Grid King LITE is a budget friendly version of the popular Grid King EA, specially made for those traders that try to find an affordable, high performance EA. The LITE version takes ones of the best performing setups from the original and has almost no parameters to set, which makes it a very easy plug-and-play setup.   If you already own the original Grid King EA, you do NOT need this EA. Live results so far:    https://www.mql5.com/en/signals/619924 NOTICE: To properly backtest the full po
250 USD
Filtro:
Georgios Daskaleas
728
Georgios Daskaleas 2019.11.01 17:43 
 

Just Brilliant. Another creation of Mr. Schrynemaker is coming to show to all of us that momentum systems are still a choice. 5 Stars from me. I do not understand how a trader following the recommended settings can have a drawdown of more than 15%-20%, which is welcome if your SQN is above 5!

Alan Lee
729
Alan Lee 2018.11.22 21:46 
 

Lost 50% of my account so far.... not good!

Dengxiang Wei
285
Dengxiang Wei 2018.11.13 02:05 
 

刚使用Momentum EA boa MT5一周时间,已经出现较大的损失。EA往往在逆势的方向持有多个头寸只到止损平仓。

作者也许很忙,评论里的问题不能及时答复。

暂时给予两个星的评级,我会根据后续的表示重新评价。

Respuesta al comentario
Versión 3.0 2019.09.22
small improvements
Versión 2.0 2019.08.27
- Greatly improved performance based on 3 years of live data analysis