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Momentum Scalper EA

LAUNCH PROMO

  • 7 /10 copies are available by price $50
  • Next Price - $75
  • TARGET PRICE - $350

Momentum Scalper EA is a fully automated trading advisor. The system is a symbiosis of Scalping and Price Action, which makes it completely unique from other trading systems. The adviser is based on a number of principles of Price Action and technical analysis using a number of technical indicators, including ATR, RSI and others. The main signal for opening deals is the Impulse, however, unlike most other strategies, the system opens a deal in the expectation of a continuation of the trend, not a reversal!

Momentum Scalper EA is based on a strategy similar to Momentum Classic (Product page: https://www.mql5.com/en/market/product/25517) and Momentum Open (Product page: https://www.mql5.com/en/market/product/44547for opening trades, however, unlike the above systems, trading is intraday.

The system does not use toxic methods like Grid and Martingale, all trades are protected by Stop Loss and Take Profit. In addition, the profit is protected by the unique Trailing Stop mechanism, based on the ATR indicator.

Momentum Scalper EA v.1.0 Presets: Download >>

The main currency pair for Momentum Scalper EA is EURUSD and the settings for M5, M15 and H1 timeframes are provided with the EA. The advisor has been optimized since 2016, but the system has shown stable results since 2010, which confirms the work in the longterm!

Parameters

  • Comment - Comment for orders
  • Max Spread (pips)
  • Slippage - Max size of Slippage (pips)
  • MagicNumber                  
  • Auto Risk (Percent of Loss) - Percent of Loss from Account Balance for all orderrs by pair
  • Lot Size (0 to use Auto Risk) 

Trading Settings

  • TakeProfit
  • Max Stop Loss (pips)
  • Moving Average Filter - true - Switch on filter               
  • Moving Average Timeframe
  • Moving Average Period   

  • Bollinger Bands Period                
  •                        
  • Timeframe to count Impulse        
  • Number of Bars to count Impulse    
  • Impulse Multiplier

  • ATR Period  
  • Max ATR Period
  • Number of bars to count Max ATR
  • ATR Multiplierr

  • RSI Period
  • RSI Level

Day Settings

  • Monday - true - Trade at Monday 
  • Tuesday - true - Trade at Tuesday
  • Wednesday - true - Trade at Wednesday
  • Thursday - true - Trade at Thursday
  • Friday - true - Trade at Friday

Time Settings

  • First Start - First trading session start hour
  • First Stop - First trading session end hour
  • Second Start - Second trading session start hour
  • Second Stop - Second trading session end hour


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