VolMomentum DualStop
- Experts
-
Wong Jun Hui
🤖 5 years of Forex programming experience + Risk Management + Algorithmic Strategy Development - Version: 1.10
- Activations: 5
Follow the Volume, Trade the Trend. Follow.
Volume-momentum trend follower with dual stop-loss protection and risk-based position sizing. No grid, no martingale, every trade has a stop.
How it works
Dual Stop-Loss Protection
Every open position is protected by two independent stop-loss mechanisms running simultaneously:
- Trailing Stop: An adaptive trailing stop that starts wide after entry and automatically tightens as the position ages. progressively locking in gains while giving the trade room to breathe in the early stages.
- Chandelier Stop: A profit-protection stop that activates only after the position reaches a user-defined profit threshold (default 5%). Once activated, it tracks the highest high (for longs) or lowest low (for shorts) and places a tight percentage-based stop from that extreme. This mechanism ensures that significant unrealized gains are not given back to the market.
The chandelier stop takes priority when both stops are active. If the chandelier stop has not yet activated, the trailing stop serves as the primary risk control.
Position sizing
The EA includes a built-in risk-based position sizing module. It calculates lot size by dividing a user-defined percentage of account equity by the initial stop distance in monetary terms. This keeps the dollar risk per trade approximately constant regardless of instrument price or volatility. Fixed lot mode is also available.
Recommended settings
Timeframe: M5 only
Risk per trade: 1% (default) | Leverage: 1:500 or higher
Best instruments: XAUUSD
Money Management:
- UseRiskSizing — Enable risk-percent position sizing (default: true), most safest position management mode
- FixedLots — Fixed lot size when risk sizing is disabled (default: 0.10)
- Recommend:
- Capital below USD 500: Enable Auto RiskSizing
- Captial between USD 500 to USD 1,000: Fixed lot size 0.02-0.03 / Auto RiskSizing (Profit factor not optimized)
- Capital between USD 1,000 to USD 10,000: Fixed lot size 0.03-0.05 / Auto RiskSizing (Profit factor not optimized)
- Capital above USD 10,000: Fixed lot size 0.05 to 0.10 / Auto RiskSizing (Profit factor not optimized)
Backtest highlights (XAUUSD M5, Jan2026 – June2026)
Net profit: 261% | Max drawdown: 27.79% | Profit factor: 1.27 | Total trades: 735
Backtest uses 100% tick data, variable spread. Results are not a guarantee of future performance.
What this EA is NOT
This EA does not use grid trading, martingale, averaging down, or any form of hidden recovery logic. Every trade has a defined stop-loss managed in real time. There is no "hold and hope" — losing trades are closed mechanically.
