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Momentum Multiple

Hi and welcome to Momentum Multiple, 


The EA does not use martingale or grid. It only enters a trade with  active orders and uses a stop loss for each trade!

This expert advisor works by comparing signals from Momentum indicators, more specifically the following :  the relation between average Momentum - The current value  -  A specified user threshold (MomentumTrigger = 100 by Default). The number of bars taken in calculation for average and current Momentum can be changed by user (MomentumParameter = 14 by Default).


Time Frame: This expert advisor works on all timeframes, 1M-5M-15M-30M are recommended;

Account balance: it doesn't matter, but I recommend at least 1000 EUR or 1500 USD;

Currency pair:  Works on all, but in my tests EURUSD and AUDUSD are the best; 


Features


-              Choose the active and the inactive trading hours (in hh:mm - format).

-              Set your own level of risk (Percent of the account equity. Default 2%).

-              Dynamic lot sizing ;(Ex: the lot size will change based on the market volatility and your risk or you can use the fixed lot size option for a manual setting.)

-              Finetune your stop loss and take profit levels (SLRatio and TPRatio) by ATR multiples or manual setting in points;

-              Dynamic trail stop (Can be turned of in the settings).

-              Money management with the use of ATR, affecting the stoploss, takeprofit, and lot sizing (can be turned off);


Momentum M Settings

START_TradingTime The start of active trading hours in hh:mm format.

STOP_TradingTime The start of inactive trading hours in hh:mm format.

Manual_Mode_Points Change between use of ATR (False option) and Manual setting in Points (True option) for SLRatio, TPRatio, TPRatio2 Default False;

DynamicStoploss ; The option to turn of the Dynamic Stoploss feature

Risk ; Maximum risk allowed per trade Default 2%

FixedLots ;Change this with the desired lot size if you don’t want an automated lot sizing based on the Risk. 

SLRatio ;Stop loss ratio. Calculated based on the ATR indicator, setting this to 1.75 will place  the stop loss 1.75*ATR 

TPRatio ; Takeprofit ratio. Calculated based on the ATR indicator, setting this to 1.5 will place  the takeprofit 1.5*ATR. 

MomentumParameter = 14 ;

MomentumTrigger = 100;

MaxOrders; Maximum allowed  orders per currency pair;


Product is free so please leave a comment! How does it work for you ? What can I improve?

Thank you!


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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
AW Recovery EA
AW Trading Software Limited
4.29 (69)
Experts
L'Expert Advisor è un sistema pensato per recuperare posizioni non redditizie.   L'algoritmo dell'autore blocca una posizione perdente, la divide in molte parti separate e chiude ciascuna di esse separatamente. La facile configurazione, il lancio ritardato in caso di drawdown, il blocco, la disabilitazione di altri Expert Advisor, la media con il filtraggio delle tendenze e la chiusura parziale di una posizione in perdita sono integrati in un unico strumento. È l'uso della chiusura delle perdit
Smart Funded Hft
Barbaros Bulent Kortarla
5 (48)
Experts
Smart Funded EA è un consulente esperto progettato per superare le sfide HFT delle società prop che ne consentono l'uso. Quali società prop HFT posso utilizzare? È stato testato su quasi tutte le sfide HFT delle società prop con una percentuale di successo del 100%, come Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave e tutte le altre sfide MT4 consentite da
SFE Impulse MT4
Joel Juanpere
Experts
2 of 5 Units at 600 USD. Next price 900 USD This expert advisors search for perfect impulse setups. The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the default parameters. Only the parameters re
Ai Hybrid Robot MT4
Mansour Babasafary
Experts
71% discount for the next 5 buyers (original price $9000): 1 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
Candle EA MT4
Mansour Babasafary
4.58 (38)
Experts
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
AI NeuroX EA MT4
Denis Kurnev
5 (2)
Experts
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Oracle MT4
Stanislav Tomilov
4.17 (6)
Experts
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Big Forex Players MT4
Marzena Maria Szmit
4.64 (22)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
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Anchor Scalper
Bogdan Mihail Moise
Experts
Hi and welcome to Anchor Scalper ! The EA   does not use martingale or grid.   It only enters a trade with   pending orders  and  uses a stop loss   for each trade! I learned this strategy from ForexSignals (Check them out on their youtube channel ForexSignals TV for this strategy and many more.) and decided to create an expert advisor on it. https://www.youtube.com/watch?v=0hUJTsjYPcQ&amp ;t=504s Before I go any further I want to mention that I'm not affiliated  with the above mentioned cha
Renko HMA
Bogdan Mihail Moise
Experts
Renko HMA  Channel is a professional EA the uses Renko charts in combination with the Hull Moving Average. Time Frame :   This expert advisor works on all timeframes; Account balance:   it doesn't matter, but I recommend at least 1000 EUR or 1500 USD; Currency pair :       Doesn't matter ; Warning! Do not use the default settings, always use optimization option in strategy tester to find the best settings for your broker, preferred chart and timeframe! - Multiple user options, for finetun
Plug and Play
Bogdan Mihail Moise
Experts
BM Plug&Play Easy to use, convenient and efficient!  No input from you required,  no messing with settings or optimization processes ,   just attached on chart and let it do its magic. Recommended Time Frame: Day (This expert advisor works on all timeframes, but it’s build with the daily one in mind); Account balance: it doesn't matter, but I recommend at least 1000 EUR or 1500 USD; Tested and optimized currency pairs: EURUSD; EURCHF; EURJPY; EURAUD;   EURCAD; EURNZD; USDCHF; USDCAD; USDJPY;
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Versione 1.32 2024.03.19
- Code optimization;
Versione 1.30 2021.09.20
Added an option to turn of time filter;
Versione 1.20 2021.09.10
Choose trading time option added;
Versione 1.10 2021.04.24
Code optimization;