Momentum Forex Trading Expert Advisor is an automated forex robot usually being sold for 30$. This EA works on the Momentum indicator, which is a leading indicator on the forex market. To enter a position, the advisor uses the oversold or overbought conditions of this indicator, catching the mood of traders.
Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how this momentum robot works, then only use it in a real account.
Recommendations
- Minimum standard account balance of 250$ .
- Work on any pair. (There are optimized preset for some pairs)
- Work best on M15 and H1 (Work on any time frame)
- For best performance this Forex Trading Expert Advisor should be online 24 hours, Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
Use Any EA or Trading Robot
1ms Latency to Your Broker
100% Uptime Guarantee
1ms Latency to Your Broker
100% Uptime Guarantee
Available From 0.99$
Minimum Deposit
Max Leverage
Small Accounts
Platforms
Max Leverage
Small Accounts
Platforms
10$
1:2000
Yes ✅ (Cent)
MT4, MT5
1:2000
Yes ✅ (Cent)
MT4, MT5
0 Pip Spread
No Commission
No Commission
Minimum Deposit
Max Leverage
Small Accounts
Platforms
Max Leverage
Small Accounts
Platforms
50$
1:2000
Yes ✅
MT4, MT5
1:2000
Yes ✅
MT4, MT5
Allow USA Traders
Â
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Input Parameters
- Open new series –>Â on/off beginning of a new seri
- Start lots –>Â start lot.
- Trade Buy –>Â allow the adviser to buy.
- Trade Sell –>Â allow the adviser to sell.
- Support manual orders -> allowed or not for EA manage manual orders.
- Use hedge –> allow the adviser to trade both direction buy and sell. If off only one trade direction.
- Use Money Management –>Â on/off use of automatic lot calculation.
- Autolot. Free margin for each 0.01 lot –>Â the amount of free margin for opening every 0.01 lots.
- Lot miltiplier ->Â lot multiplier for the following orders.
- TP ->Â take profit, in pips.
- SL –>Â stop loss, in pips from the first order.
- Trail Start –>Â activation of a trailing stop.
- Trail Step –>Â distance from the price when activating a trailing stop.
- DD Reduction Algoritm -> drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
- Number order for DD Reduction Algoritm ->  from which order the drawdown reduction algorithm is activated.
- Percent profit for DD Reduction Algoritm -> percentage of profit when closing orders in the drawdown reduction mode.
- Magic –>Â is a special number that the EA assigns to its orders.
- Fix distance –> fixed distance between orders
- Order dinamic distance -> from which order will the dynamic distance be applied in order.
- Dinamic distance start –> the starting value for the dynamic distance.
- Distance multiplier –> the dynamic distance multiplier.
- Start, End hour –>Â time for opening the first order.
- Maximum Lot –>Â maximum lot.
- Maximum spread –>Â the maximum spread for the adviser.
Momentum Parameters
- Mom_Period –> period of the Momentum indicator.
- Up Level –> the reading of the Momentum indicator above which the EA sells.
- Down Level –> the reading of the Momentum indicator below which the advisor buys.
Get Forex Trading Expert Advisor HERE
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Thanks Admin will test it.
Hi admin are u good to crack it
It’s uses martingale, so be careful. Can be profitable on the short term but at any point could blow your account.
Can I have a copy mt5. please I really need it
admin please update this ea is no more working thanks