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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
728
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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Vasiliy Kolesov
Mr Martin MT5   EA Mr.Martin   MT5  is a fully automated Expert Advisor that is designed for quiet, investment trading over a long period of time.  The Expert Advisor uses in its strategy the principles of averaging unprofitable positions, but due to the unique input system, several filters, and the deposit protection system, expressed in the   SL_percent_balans   parameter, is completely safe for your deposit. T he default settings are optimized to work on EURUSD M1  GMT+2  and can be used i
499 USD
BKK Super Hedge
Orathai Chitphuengtham
Limited number of copies will be sold on MQL5 market LAUNCH PROMO: ONLY 5 COPIES OUT OF 5 LEFT AT $ 499 ! Next price:   $ 599  BKK Super Hedge strategy: With high volatility in the Forex market,We know that highly correlated currencies almost always behave in a mirror fashion. But there are moments of deviation (divergence of currencies) from the normal value. That is why we decided to create our own BKK Super Hedge automated trading tactics, which will include both elements of hedging trading,
499 USD
Breakout Deviation MT5
Sabil Yudifera
Breakout Deviation MT5 is a fully automated Standard Deviation Breakout System. After a one-way high movement, a breakout movement can be predicted. The system only focuses on a stable breakout movement. The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses triangular fixed takeprofit for all position. if you need help, I always help you, please contact me ! Old Signal :  https://www.mql5.com/en/signals/887799 Next Signal: https://www.mql5.com/en/signals/93598
499 USD
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
Consultor de negociação universal em indicadores personalizados para o  MetaTrader 5  . Construtor de estratégia Versão para MetaTrader4:  A  versão  xCustomEA   para o terminal MetaTrader 4 A funcionalidade do consultor de negociação universal O xCustomEA duplica exatamente todos os parâmetros do nosso consultor  The X,  exceto um: O xCustomEA  funciona com um indicador personalizado e tem a capacidade de programar sua própria estratégia de negociação para terminais MT5. O xCustomEA  possui um
500 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
Bober Lannister MT5
Arnold Bobrinskiy
Bober Lannister MT5  - is fully automated cross platform trading robot. Only one trade at a time. No "Recovery algorithm (martingale)" or other dangerous strategies involved. Next order lot size always the same according to Risk settings regardless of achieved result by previous one. Virtual TP and SL  keeps the same distance. Live settings optimized by using real ticks data. Much attention has been paid to forward test results to avoid overfitting. MT4   version of   Bober Lannister   here  
900 USD
Rocket Man MT5
Evgenii Golovanets
Price: $499 8 of 10 copies left at this price Next price $599 Recommended broker Recommended broker №2 Live signal   https://www.mql5.com/en/signals/911160 Telegram channel   https://t.me/rocketman_ea Rocket Man  is a fully automated expert adviser, which implements convenient features to perform multicurrency trading with the ability to widely diversify trading risks. This Forex robot uses just one deal for trading and always use stop loss and take profit to protect capital! Expert never use
499 USD
EuroTrend5
Sergej Sergienko
Price: $599 4 of 10 copies left at this price Next price $699 Signal    https://www.mql5.com/ru/signals/907932 Version for mt4   https://www.mql5.com/ru/market/product/60537?source=Site+Profile+Seller The work of this EA based on machine learning algorithms with using standard indicators of mt5 trading platform. EuroTrend5 uses next indicators: Moving Average, Bulls Power, Bears Power, ATR. EA open deals only with trend. There is possibility  to increase volume of deal after StopLoss. EuroTrend
599 USD
Scalp Breakout mt5
Vitalii Zakharuk
The Expert Advisor ( Scalp Breakout ) can be launched on any hourly period, on any currency pair and on the server of any broker. Unique trading system! It is recommended to work with liquid Forex pairs, with a low spread and use VPS. You can start using it with $ 100 and 0.01 lot. The bot works on both Netting and Hedging account types. There is also a version for MT4 . This is high frequency trading. Uses two trading options: with virtual and real stop losses. Virtual stop levels (take prof
500 USD
Crasher Master Scalper
Jaymar Egonia
Join my channel Https://t.me/fxmind CRASH1000 SCALPER SYSTEM AND AFTER SPIKES THE ROBOT WILL EXECUTE THE ORDER the advantages and features are Fixed Lots and you can decide your own STOPLOSS and TAKEPROFIT and trailing function to avoid spike This “Crash Master Scalper” indicator does all the heavy lifting & gives you accurate signals for scalping on the 1-minute, 5-minute frames. To increase its accuracy, the indicator uses an approach that we call “double confirmation”.when to Buy
500 USD
SharkEA MT5
SERGEI RIEBIN
This robot goes with  short term trends  that are typical for liquid markets such as Forex. It uses  mean reversion  principle together with  careful filtering  of entries and advanced  «smart»  price tracking algorithm  to maximise win rate while keeping risks at bay. It is intended for  long term use  only. It is more suitable for experienced users. Lots of settings for customization. Still can be used by anyone with default settings. Easy setup. No special knowledge needed. Additional set-fil
399 USD
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Momentum EA
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750 USD
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Night Owl
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Momentum EA H1
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Momentum EA M5
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Swing Trade Pro
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Momentum EA BOA
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AutoGenEA
Wim Schrynemakers
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Swing Trade Pro MT5
Wim Schrynemakers
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350 USD
Grid King MT5
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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
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Filtro:
Georgios Daskaleas
728
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!

Alan Lee
729
Alan Lee 2018.11.22 21:46 
 

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

Dengxiang Wei
285
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。

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