Momentum Buddy

The Momentum Buddy uses momentum shift to identify trading opportunities. When the RSI crosses the 50 level from below, it indicates an upward shift in momentum. This shift is confirmed by the On Balance Volume (OBV) indicator. A buy order is placed. When the RSI crosses the 50 level from above, it indicates a downward shift in momentum. This shift is confirmed by the On Balance Volume (OBV) indicator. A sell order is placed. Exits are entirely based on indicator values.

The EA works better with mostly trending symbols. I include screenshots of a 10 year back test of USDJPY.  RSI is set to close, and its period is 5 in this case. OBV is set to tick volume. Timeframe H4. You can therefore compare results using your own broker.

The input parameters are so simple. These are:

Volume Settings

Lot size

RSI indicator settings

RSI period

RSI applied price

RSI level

OBV indicator settings

Type of volume

Other Settings

Magic Number - "This is a unique number that the EA uses to identify its own trades".

Remember that NO SINGLE TRADING STRATEGY IS FOOLPROOF! I do not promise good returns as past performance will never guarantee future results.

Trade well.




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SixtyNine EA – Un Expert Advisor Gold per MetaTrader 5, con 6 livelli strategici integrati, Stop Loss predefinito su ogni operazione e una struttura di trading pulita senza Martingale, sistemi Recovery o Grid Trading. Segnale Live Pubblico: Capitale iniziale $500, Lotto fisso 0.02, Crescita 500%+, 20 settimane Live Il segnale live pubblico è il principale punto di riferimento per dimostrare le prestazioni di SixtyNine EA . Il conto è partito con un saldo di $500 , utilizzando un lotto fisso di
Quantum Emperor MT5
Bogdan Ion Puscasu
4.86 (507)
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
Impulse MT5
Simon Reeves
5 (13)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
XG Gold Robot MT5
MQL TOOLS SL
4.3 (111)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
Nine Engine EA MT5
Huu Hai Anh Nguyen
5 (10)
Nine Engine EA MT5 LIMITED TIME OFFER AT $199$ Price will go up at  $ 299 on July 31st! LIVE SIGNAL Verified live trading results can be monitored through the public signal below:  https://www.mql5.com/en/signals/2376812 Nine Engine EA MQL5 Community:  https://www.mql5.com/en/messages/03632dbed818dd01 The live signal allows you to observe how the system performs under real market conditions using actual market data and execution. Please note that results may vary depending on broker conditi
Chiroptera
Rob Josephus Maria Janssen
4.57 (46)
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
Altri dall’autore
If you’re constantly finding yourself annoyed by the need to manually disable auto scroll on every single chart window you open, you’re not alone. Many users share this frustration, especially when managing multiple charts during analysis or live trading. Fortunately, there’s a simple solution that can save you from this repetitive task: a handy script designed specifically to automatically disable auto-scroll across all open chart windows in your trading platform. The beauty of this script lies
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