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Momentum EA boa MT5

RE-LAUNCH PROMO: 1 COPY LEFT AT 350$! NEXT PRICE -> 450$

(final price: 490$)

!! THE NEW VERSION (2019) IS THE RESULT OF 3 YEARS LIVE FORWARD TESTING !!


MOMENTUM EA is a price action swing system which does 2 things:

  • First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades.
  • Second strategy will try to catch these trend reversals. Also with this strategy, the EA will open multiple trades if the reversal trend is strong.


This BOA version will run the Best Of All version from the MT4 original, a selection of the very best from the original bestseller.  It can be set up fully, running 14 pairs on 4 different timeframes, from a single chart using the OneChartSetup option!


Key characteristics

  • All trades have stop loss at a safe, but not too far distant. Protecting capital is rule number 1 in trading.
  • Some trades have fixed take profit, others will use a trailing stop
  • Multiple algorithms are used for managing the closing of the trade(s)
  • Even if price doesn't reach the take profit levels, the group of open trades can still close in profit. So we don't always need the trend to be very strong to be profitable.
  • Proved money-management techniques, used in all my EA's.
  • This is a long term EA, which does a lot of trades, but it will not trade every day. Only when strong price movements are detected, trades will be opened.
  • The EA is very versatile: it can be used and optimized on multiple timeframes and for multiple pairs. More timeframes and pairs will become available in the future.
  • The EA uses only candle OPEN and CLOSE values, so less risk for faulty backtesting (tick data testing and 'open-prices only' backtesting are almost identical)
  • This EA uses pure PRICE ACTION (price movement) for entering trades. No lagging indicators are used.
  • The EA has an "automatic settings loading" system build in, so it will automatically select the best settings for the pair and timeframe.
  • The EA is very limited influenced by spread or slippage, so it is safe to run in almost all market conditions and trade-account types.
  • The EA can do a lot of trades, so it is also very interesting to use it for rebates!


Parameters

  • Base_Magicnumber = base magicnumber for breakout strategy
  • Base_Magicnumber2 = base magicnumber for reversal strategy
  • trade_comment = comment of the trades
  • when true, the EA will run all 14 pairs from a single chart.  When false, the EA will only run the pair from the chart.
  • Here you can set all pairs that will be run with the OneChartSetup option
  • suffix = here you must place the suffix that your broker uses
  • Lotsize calculation mode: Here you can select to use fixed lotsize or automatic lotsize calculations based on LotsizeStep
  • LotsizeStep: Here you can set the amount of balance to be used for every 0.01lots
  • StartLots: Here you can set the fixed lotsize, or the minimum lotsize when using LotsizeSteps
  • OnlyUp: this will make the EA only increase lotsize and never decrease
  • Random_Mode: here you can choose to 'randomize' various internal parameters, like SL, TP and entry parameters

Recommended pairs

  • EURUSD, GBPUSD, USDCHF, EURGBP, AUDUSD, USDJPY, EURJPY, GBPJPY, EURAUD, NZDUSD, EURCAD, USDCAD, AUDJPY and XAUUSD

Setup of the EA:

  • Simply run the EA on 1 chart (M5 EURUSD recommended) and enable the OneChartSetup
  • The EA will run all pairs on the correct timeframes automatically from this 1 chart

Recommended timeframe for backtesting: M5 using 'open prices only'



Past performance is no guarantee for the future


Comentários 3
Georgios Daskaleas
710
Georgios Daskaleas 2019.11.01 17:43 
 

Just Brilliant. Another creation of Mr. Schrynemaker is coming to show to all of us that momentum systems are still a choice. 5 Stars from me. I do not understand how a trader following the recommended settings can have a drawdown of more than 15%-20%, which is welcome if your SQN is above 5!

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The Expert Advisor's work is based on the use of Candle Patterns and Levels. Indicators are not used in operation. The EA uses Take Profit and Stop Loss. Averaging and Martingale are not used. PriceActionBot is optimized to work with the EURUSD pair. You also have the options to optimize the program. The advisor has been showing stable performance for over 20 years. There is monitoring of this advisor. The Expert Advisor works on hedge accounts. Working Timeframe 15 minutes. But the EA
1 200 USD
NorthEastWay MT5
PAVEL UDOVICHENKO
ONLY 7 COPIES OUT OF 10 LEFT AT $1399! After that, the price will be raised to  $1749. My telegram channel:   https://t.me/new_signals My telegram contact:  https://t.me/paveludo My WeChat ID: PavelUdo North East Way EA  it is a fully automated “rollback” trading system, which is especially effective in trading on popular “rollback” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading - the return of the price after a sharp movement in any dir
1 399 USD
SFE Stealth MT5
Joel Juanpere
The system looks for signs of reversal, in hours when the market is not strong and the risk of high movements is low. The system has the ability to work well with many symbols, and the correlation of the different symbols is generally very low, giving to the system a very high diversification, which reduces the overall risk. The system generally launches several trades every day, which added to the high diversification, provides the opportunity to aspire to a relatively stable growth. Any do
1 200 USD
Mirror gold HFT
Haoyu Du
You can only do xuausd Time: 1 minute Fixed stop loss: 100 + point Fixed profit: 20 + points Suitable for all markets A minimum deposit of $300 is recommended One order at a time, no additional positions, not Martin, high-frequency trading Based on only specific algorithm model. The success rate is about 99% Only ECN accounts. 600-100 orders a month. makert：any
900 USD
GoldenBot MT5
SERGEI RIEBIN
GoldenBot is a diversified portfolio of various systems trading gold. Most gold trading systems you encounter are either pure trend ones or counter-trend ones. So they are only good at certain market phases. GoldenBot includes a number of trend and counter-trend systems making it to perform good during any market phase. System effectiveness is proven by live results (see below at Telegram channel). Monitoring :  https://www.mql5.com/en/signals/827470 Telegram channel:   https://t.me/accurateEAs
599 USD
Breakout Envelopes MT5
Sabil Yudifera
The Expert Advisor identifies extreme overbought and oversold conditions in a market. Opening positions on extreme overbought conditions or extreme oversold conditions allows for getting the highest profit. If the starting position is in a loss, then the second or third position has the probability to gain big profit value. The built-in spread filter manages slippages and spread extension. The EA does NOT use hedging, martingale, grid strategies, arbitration, etc. The Expert Advisor works with S
499 USD
ProScalping
Vitalii Zakharuk
The key problem of scalping is the difficulty in separating false signals from those giving the opportunity to work. The interesting thing is that for filtering, many resort to using many intricate and completely unnecessary algorithms, which only lead to the complexity of the system. In fact, the answer lies on the surface and is to seek and find only price impulses, and not pay attention to empty market movements. The Pro Scalping Expert Advisor implements a scalping strategy based on sever
650 USD
Voenix Chart Pattern Scanner MT5
Lorentzos Roussos
An automated metatrader multitimeframe multipair multiasset chart pattern scanner. Features: 25 Chart and Fibonacci Patterns Non Repainting Block Optics Algorithm (ZZ is not utilized) Trading Notifying Live Monitoring 3 Profit Targets Rsi Filtering Macd Filtering Support/Resistance Filtering Stochastic Filtering Bollinger Bands Filtering Immediate Discovery Trailing (simple for each stop level) ECN Ready Easy to adjust 3 Stops (SL,TP) Modes Open With Template This EA cannot be tested in the str
444 USD
Triangular EA vMT5
Kyra Nickaline Watson-gordon
Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market. A triangular arbitrage strategy involves three trades, exchanging the initial currency for a second, the second currency for a third, and the third currency for the initial. Durin
495 USD
Stock Trader Pro MT5
Ivan Pochta
🚀🚀🚀     Stock Trader Pro MT5     🚀🚀🚀 ⭐ 4 copies left by price $550 ⭐ Next price $750 ⭐ Target price $1750 💰💰💰 Live Results 💰💰💰 📈 Stock Trader Pro - Risk x2:  here >>   (Admiral Markets - Real) 📈 Stock Trader Pro Hedge Mode:  here >>    (Admiral Markets - Real) 📈 Stock Trader Pro:  here >>  (Darwinex MT4 - Demo) 📈 Stock Trader Pro Hedge Mode:  here >>   (Darwinex - Demo) Stock Trader Pro   is a fully automated trading advisor designed to work at   US Stock Market . The system i
550 USD
MAFiA Scalper PRO mt5
Andrey Dyachenko
MAFiA Scalper (PRO version) -Bill Williams (BW) expert advisor with a control panel for trading. !!! Advisor will work ONLY on accounts like HEDGE . The type of account can be seen in the upper left corner of the terminal. Example - there The version for MT4 - is here 📌📌📌 ***** Detailed instructions with illustrations in English, in PDF file format. ***** 📌📌📌 - You will find a link to the instruction under the video - The video is in Russian, but you can turn on subtitles and c
597 USD
Mais do autor
Advanced Scalper
Wim Schrynemakers
!! CURRENTLY AT 60% DISCOUNT OF FINAL PRICE !! ONLY 2 COPIES LEFT AT 390$ Final price -> 990$ !! BUY ADVANCED SCALPER AND RECEIVE 1 EA FOR FREE !!* (*conditions apply, contact me after purchase) Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilities. Of course the
390 USD
Advanced Scalper MT5
Wim Schrynemakers
!! CURRENTLY AT 60% DISCOUNT OF FINAL PRICE !! ONLY 2 COPIES LEFT AT 390$ Final price -> 990$ !! BUY ADVANCED SCALPER AND RECEIVE 1 EA FOR FREE !!* (*conditions apply, contact me after purchase) Advanced Scalper is the result of more than 15 years of studying the markets and programming expert advisors. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilit
390 USD
Red Hawk EA
Wim Schrynemakers
!! ONLY 3 LEFT AT 299$ !! NEXT PRICE: 349$ MT5 VERSION CAN BE FOUND HERE FOLLOW LIVE RESULTS HERE Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or Alpari.com Recomm
299 USD
Grid King
Wim Schrynemakers
Grid King is a revolution in grid trading.  The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market.  It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a limited effect on the account-equity.  Where almost all grid systems will blow your account when things get bad, Grid King will only take a small loss a
399 USD
Advanced Scalper Essential Edition
Wim Schrynemakers
ADVANCED SCALPER - ESSENTIAL EDITION takes the best from MQL5's Bestseller "Advanced Scalper". It has already a proven live track record since 2016 ! Recommended broker:  http://icmarkets.com/?camp=48854 Advanced Scalper 'Essential Edition' is a very simple and easy to use EA.  There are no parameters to configure, just run the EA on EURUSD H1 and/or USDJPY H4, select your risk, and the EA will do the rest. This EA takes only the best configurations from the original Advanced Scalper, which hav
199 USD
Red Hawk MT5
Wim Schrynemakers
ONLY 4 COPIES LEFT AT 299$ NEW PRICE: 349$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or   Alpari.com Recommended VPS:   4xhosting.com Live results:   https://www
299 USD
Grid King MT5
Wim Schrynemakers
Grid King is a revolution in grid trading.  The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market.  It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a limited effect on the account-equity.  Where almost all grid systems will blow your account when things get bad, Grid King will only take a small loss an
399 USD
Momentum EA
Wim Schrynemakers
MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades. Second str
750 USD
GBPJPY Price Action EA
Wim Schrynemakers
This EA is based on 4 well known price action patterns: Pinbars, Inside bars, Engulfing bars, and Breakouts. The EA is programmed to detect these patterns in the chart and to trade them using very sound risk management. That means that the EA will always use a SL on all trades, with a low risk per trade. The EA is a swing-system so that means it will trade big moves in the market. The big advantage of this, is that it will not really be affected by slippage and spread-widening (withing certain l
150 USD
Night Owl
Wim Schrynemakers
NIGHT OWL is a night scalper that trades during the most quiet times of the market. Markets tend to range in that period and the EA will trade those ranging movements. Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary. The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads wit
125 USD
Momentum EA H1
Wim Schrynemakers
MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades. Second stra
30 000 USD
Momentum EA M5
Wim Schrynemakers
MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades. Second stra
290 USD
Swing Trade Pro
Wim Schrynemakers
SWING TRADE PRO is a swing system based on volatility breakout. It uses strict price action for entering trades. The EA will look for strong price movements and trend reversals, and will monitor 4 timeframes at the same time. It will place maximum 1 order on each timeframe. Each trade will have a predefined SL and TP, but will also use various trade management techniques. One of those techniques consists of monitoring all the open trades on 4 timeframes and adjusting SL to better positions as so
550 USD
Momentum EA BOA
Wim Schrynemakers
RE-LAUNCH PROMO: ONLY 1 COPY LEFT AT 350$! NEXT PRICE -> 450$ (final price: 490$) !! THE NEW VERSION (2019) IS THE RESULT OF 3 YEARS LIVE FORWARD TESTING !! Recommended broker:  http://icmarkets.com/?camp=48854 MOMENTUM EA BOA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of tr
350 USD
Grid King LITE
Wim Schrynemakers
Grid King LITE is a budget friendly version of the popular Grid King EA, specially made for those traders that try to find an affordable, high performance EA. The LITE version takes ones of the best performing setups from the original and has almost no parameters to set, which makes it a very easy plug-and-play setup.   If you already own the original Grid King EA, you do NOT need this EA. Live results so far:    https://www.mql5.com/en/signals/619924 Recommended broker:  http://icmarkets.com/
250 USD
AutoGenEA
Wim Schrynemakers
AutoGenEA  is an expert advisor developed purely by Generic Machine Learning.     The EA is developed using a software package, made specifically for developing trading-strategies.  It will generate hundreds of different strategies based on good trading logic.  From this group of generated strategies, the algorithm will do generic mutations and improvements.  Each strategy has been created using a 8 year period of historical data (IN-SAMPLE) and tested again multiple years of OUT-OF-SAMPLE dat
150 USD
Gecko
Wim Schrynemakers
Gecko runs a simple, yet very effective, proven strategy.  It looks for important recent high and lows and will trade the breakouts.  The actual execution of this strategy however, is what makes this EA truly shine.  Entry calculations and exit algorithms are not only unique but also very advanced. LIVE RESULTS:  https://www.mql5.com/en/signals/750475 The EA uses many trade management techniques, including but not limited to: a Trailing SL, using multipe parameters to control its function
350 USD
Swing Trade Pro MT5
Wim Schrynemakers
SWING TRADE PRO is a swing system based on volatility breakout. It uses strict price action for entering trades. The EA will look for strong price movements and trend reversals, and will monitor 4 timeframes at the same time. It will place maximum 1 order on each timeframe. Each trade will have a predefined SL and TP, but will also use various trade management techniques. One of those techniques consists of monitoring all the open trades on 4 timeframes and adjusting SL to better positions as so
350 USD
Grid King LITE MT5
Wim Schrynemakers
Grid King LITE is a budget friendly version of the popular Grid King EA, specially made for those traders that try to find an affordable, high performance EA. The LITE version takes ones of the best performing setups from the original and has almost no parameters to set, which makes it a very easy plug-and-play setup.   If you already own the original Grid King EA, you do NOT need this EA. Live results so far:    https://www.mql5.com/en/signals/619924 NOTICE: To properly backtest the full po
250 USD
Filtro:
Dengxiang Wei
284
Dengxiang Wei 2018.11.13 02:05 
 

刚使用Momentum EA boa MT5一周时间，已经出现较大的损失。EA往往在逆势的方向持有多个头寸只到止损平仓。

作者也许很忙，评论里的问题不能及时答复。

暂时给予两个星的评级，我会根据后续的表示重新评价。

Alan Lee
729
Alan Lee 2018.11.22 21:46 
 

Lost 50% of my account so far.... not good!

Georgios Daskaleas
710
Georgios Daskaleas 2019.11.01 17:43 
 

Just Brilliant. Another creation of Mr. Schrynemaker is coming to show to all of us that momentum systems are still a choice. 5 Stars from me. I do not understand how a trader following the recommended settings can have a drawdown of more than 15%-20%, which is welcome if your SQN is above 5!

Responder ao comentário
Versão 3.0 2019.09.22
small improvements
Versão 2.0 2019.08.27
- Greatly improved performance based on 3 years of live data analysis