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MoMo Trade MT4

MoMo Trade MT4 (MT5 version https://www.mql5.com/ru/market/product/59093) - trading system based on one of the momentum strategies. It uses simple and reliable tools like MACD and EMA to find entry points. The trading strategy looks for reversal patterns after trend area. The EA has implemented to work on M5 timeframe and focuses on short-term profit targets. But it also can be used on any timeframe.

Volume calculation

The volume amount is fixed (Fixed volume) or calculated based on risk per trade parameter (Risk per trade). Fixed volume uses when Risk per trade = 0.

Trade pause intervals

Current server time is used! Time for EA`s work is set in format ##:##. For example, 06:00-20:00. Time for trade pause intervals has the same format. Intervals are separated with ";". For example, 13:15-13:30;15:30-16:30.

Partial close

Partial close closes only one part of a position! There is the opportunity to choose percent of volume to close part of a position, set stop loss to breakeven after closing part of a position, distance for trigger partial close.

Trailing Stop

Distance of trailing stop activation means distance of moving price to profit. Stop loss is never moved to greater side.

Multicurrency trading

For ability to trade on different instruments the EA should be set with equal Magic on each instrument. The only trade can be opened at one time on the same instrument. However, there are several positions can be opened at the same time, but each one on a separate instrument. Total count of opened trades is controlled by parameter Max opened trades for multicurrency.

Input parameters description

  • Fast EMA period - Period of fast EMA in MACD
  • Slow EMA period - Period of slow EMA in MACD
  • Trend area number of bars - Number of bars for calculating MACD average amplitude. The bigger number of bars, the longer should be trend area
  • Average MACD value - Average MACD value on trend area. The higher amplitude, the stronger should be trend on the trend area
  • Timeframe - EA's timeframe. The EA has been implemented for M5, but it can be used on any timeframe
  • Working time string - (more details about format above)
  • Pause intervals string - (more details about format above)
  • Stop Loss - Stop loss amount in points (5 digit points)
  • Take Profit - Take profit amount in points (5 digit points)
  • Fixed volume - Used only when Risk per trade = 0
  • Risk per trade - Percent of balance on one trade to loss. If 0, Fixed volume uses
  • Max opened trades for multicurrency - Maximum of simultaneously opened trades on different instruments
  • Close opened positions when out of working time - Close current open positions when not working time begins (true/false)

  • Enable partial close - On/Off partial close
  • Enable breakeven after partial close - On/Off setting stop to breakeven after partial close
  • Distance for partial close - 5 digit points
  • Percent of closed part - Percent of position volume for partial close

  • Enable trailing stop - On/Off trailing stop
  • Activation distance - Distance to the profit side for starting trailing stop work (5 digit points)
  • Trailing distance - Distance of trailing stop. Amount of stop loss changes to this distance (5 digit points)
  • Magic
  • Comment


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5 (5)
Asesores Expertos
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Barbaros Bulent Kortarla
5 (48)
Asesores Expertos
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4.91 (143)
Asesores Expertos
ONLY 3 COPIES OUT OF 10 LEFT AT $99! After that, the price will be raised to $199. HFT  Propfirm Challenge Performance Monitor(Starting from $200) Account Number:  66668979 Server: ICmarketsSC-Demo06 Password: quantumhft1 You will get BONUS  worth $399 after you pass the HFT Prop Firm challenge round Quantum HFT Prop Firm is the EA is designed to pass the competition of HFT Prop Firms.  Please be aware that this Expert Advisor (EA) should not be used with a real account. Its sole pur
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4.57 (21)
Asesores Expertos
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Asesores Expertos
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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5 (5)
Asesores Expertos
Convierta cualquier estrategia comercial en una estrategia de negociación de posiciones o opere con las probadas estrategias de negociación de posiciones basadas en RSI y ADR, incluido el sistema de control de reducción automatizado para posiciones que se mueven en su contra. Este EA es una evolución y una simplificación del EA MRA que se ha utilizado para las estrategias de negociación de posiciones que se enseñan en el sitio web de Market Structure Trader durante muchos años. Consulte mi perf
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5 (6)
Asesores Expertos
No compre un backtest, sino un sistema comercial real:   Live Signal 1     Live Signal 2 Este precio es temporal mientras dure la promoción y aumentará en breve. Precio Final: 5000$ Quedan pocas copias al precio actual, el siguiente precio es -->> 500 $ Welcome to the GoldPulse AI Hey Soy GoldPulse AI!   ¡Este es el primer robot más inteligente que comercializa oro o XAU con pares completos como XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD y XAUCNH!   ¡Reviso las noticias todos l
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5 (12)
Asesores Expertos
¿Alguna vez te has preguntado por qué la mayoría de los asesores expertos no son efectivos en el trading en vivo, a pesar de su perfecto rendimiento en las pruebas retrospectivas? La respuesta más probable es el sobreajuste. Muchos EAs se crean para 'aprender' y adaptarse perfectamente a los datos históricos disponibles, pero fallan en predecir el futuro debido a la falta de generalización en el modelo construido. Algunos desarrolladores simplemente desconocen la existencia del sobreajuste, o lo
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4.63 (8)
Asesores Expertos
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. Limited price $199 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-b
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Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
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4.58 (38)
Asesores Expertos
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Dmitry Homenkov
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Versión 1.16 2021.07.22
- Ability to work an Expert Advisor with disabled auto trading
Versión 1.15 2021.07.12
- A control flag of closure of current opened positions when not working time begins has been added
- The working time setting format has been changed
- A possibility to set trade pause intervals has been added
Versión 1.14 2021.07.01
- Improvements and fixes of little errors in common trading logic.
Versión 1.13 2021.06.24
- Slight improvements of the common trading logic
Versión 1.12 2021.03.09
Changes in partial close logic. If position has min volume, it will not be closed at partial close point.
Versión 1.11 2021.01.18
A new parameter Max opened trades for multicurrency has been introduced. It is responsible for maximum amount of opened trades and orders during trading on different symbols at one time. See the EA description for details.
Versión 1.1 2020.12.20
Corrections in logic of symbol volume limit checks before trade operation