Watch Momentum Scalper EA
- Uzmanlar
-
Sinmiloluwa Daniel Ogunmola
MQL5 developer focused on EAs that survive real brokers, not just the tester. - Sürüm: 1.1
- Güncellendi: 31 Ekim 2026
- Etkinleştirmeler: 5
Momentum scalper: impulse-bar breakout with trend bias, ATR stops, break-even, time exit, daily trade cap and loss-streak stop.
Short-term momentum trades only work with strict limits: quick entries, tight management, and a hard stop on bad days. This Expert Advisor looks for one thing on the signal timeframe (default M5): a strong candle whose body is at least a set fraction of ATR and whose close breaks the high or low of the previous bars, in the direction of an EMA on a higher timeframe (default EMA 50 on M30).
Risk and management:
- Stop loss and take profit are multiples of ATR. If the broker's minimum stop distance forces a wider stop, the target is kept and the trade is skipped when reward falls below risk.
- The stop moves to entry plus one tick once price covers a set fraction of the target distance. Trades still open after a set number of bars are closed at market.
- One position at a time, a maximum number of entries per day, and a stop for the day after a set number of losses in a row.
- Lot size comes from a fixed percentage of the balance for every trade and is never increased after a loss.
- Trading-hours window, optional spread limit, daily loss limit and optional total drawdown floor.
Before every order the EA takes a fresh price, keeps stop loss and take profit outside the broker stops level, freeze level and spread, rounds prices to the symbol tick size and checks volume limits and free margin for the exact order type. It never increases the lot after a loss and uses no grid, martingale or averaging. It does not use DLLs, web requests or external services, and it runs on any symbol and timeframe.
Recommended symbols and timeframes
- Signal timeframe M5 with M30 bias (inputs InpTF and InpBiasTF); the chart timeframe does not matter.
- Liquid, low-spread symbols such as EURUSD and XAUUSD. Scalping results depend heavily on spread and execution; test with your broker's real conditions.
Inputs
| Group | Input | Default | Meaning |
|---|---|---|---|
| Symbol | InpSymbol / InpTF / InpBiasTF / InpBiasEMA | "" / M5 / M30 / 50 | Symbol / signal timeframe / bias timeframe / bias EMA period |
| Signal | InpATRPeriod / InpBodyATR / InpLookback | 14 / 0.8 / 10 | ATR period / minimum body (x ATR) / bars the close must break |
| Signal | InpSL_ATR / InpTP_ATR | 1.2 / 1.8 | Stop and target (x ATR) |
| Signal | InpBE_FracTP / InpMaxBars | 0.6 / 24 | Break-even at this fraction of the target / time exit in bars (0 = off) |
| Limits | InpSessStartHr / InpSessEndHr | 7 / 20 | Trading window, server time (equal = all day) |
| Limits | InpMaxTradesDay / InpMaxConsecLoss / InpMaxOpen | 6 / 3 / 1 | Entries per day / losses in a row before stopping for the day / open positions |
| Risk | InpAutoTrade / InpRiskPct | true / 0.5 | Trading on/off / risk % per trade |
| Risk | InpMaxDailyLossPct / InpMaxTotalDDPct | 3.0 / 0 | Daily loss limit % / total drawdown floor % (0 = off) |
| Risk | InpMaxSpreadPts / InpMaxLot | 0 / 0 | Spread limit in points / lot cap (0 = off / broker max) |
| Risk | InpMagic / InpSlippage | 20261120 / 20 | Magic number / slippage in points |
Risk disclaimer
Trading leveraged products such as forex, gold and CFDs carries a high level of risk and may not be suitable for all investors. You can lose more than your deposit. This EA does not guarantee profit, and past or backtested results do not indicate future results. Test on a demo account with your own broker's conditions before using real money, and only trade money you can afford to lose.
