Index Momentum EA

Hello everyone, this is Index Momentum EA. It trades all major indices, with recommended markets being US30 (Dow Jones) and DE40 (German Index) on the 1-hour timeframe.

Important - It's a very conservative EA and only takes 1 trade per week if the requirements are met. So, if you are an impatient trader, then this EA is not for you. Although, you can pair this EA with other EAs as well (so the EA will make in background without the tension of less trades).

Key things to know -

• Use accounts which have no commission and no swap. If there is commission and swap, then it should not be too high.

• Minimum deposit 50$ (if your broker is Exness, basically it depends on contract size and all so if you using broker like IC Markets you need 400-500$ so use any broker similar to Exness or instead use Exness)

• Use it on the 1-hour timeframe on indices like US30 (Dow Jones) or any other.

• Make sure to use a reliable VPS.

• Be patient with the EA.

For Backtesting and real account Impementation

What is the logic behind this EA -

It simply goes with the flow. As we all know, indices are going up most of the time, and that's where the EA capitalizes its profit. Although it does not use any kind of TP or SL right now, it manages the risk internally. So, in the input risk tab, don't go more than 10%.

Important - This EA even even face some negative months, but overall, the curve goes up. 

NOTE - if you face any problem message me here or on telegram - @eageeks