Description
<h3>Introduction</h3>
<p>Momentum EA V1.0 MT5 is an automated trading system developed for the MetaTrader 5 platform. It is designed to identify strong price momentum in the market and execute trades automatically in the direction of that movement. The EA focuses on capturing short- to medium-term trends by entering positions when volatility and directional strength increase. It aims to provide disciplined execution and structured risk management while reducing emotional trading decisions.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated momentum-based trading</li>
<li>Built specifically for MT5 platform</li>
<li>Detects strong price acceleration and breakout conditions</li>
<li>Automatic stop-loss and take-profit placement</li>
<li>Adjustable lot sizing (fixed or percentage-based)</li>
<li>Spread and slippage filtering</li>
<li>Equity and drawdown protection options</li>
<li>Multi-currency pair compatibility</li>
<li>Session-based trading control</li>
<li>VPS-ready for uninterrupted operation</li>
</ul>
<h3>Recommended Settings</h3>
<p>Recommended configuration may vary depending on account size and broker conditions, but general guidelines include:</p>
<ul>
<li>Timeframe: M15, H1, or H4</li>
<li>Preferred Pairs: Major pairs such as EURUSD, GBPUSD, USDJPY</li>
<li>Risk Per Trade: 1%–2% of account balance</li>
<li>Lot Mode: Auto lot based on risk percentage</li>
<li>Max Spread: Use a low-spread ECN broker</li>
<li>VPS: Recommended for stable execution</li>
</ul>
<p>Always forward test on a demo account before trading live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically show:</p>
<ul>
<li>Strong performance during trending and breakout market phases</li>
<li>Moderate drawdown under conservative risk settings</li>
<li>Reduced efficiency during low-volatility or ranging markets</li>
<li>Sensitivity to spread and broker execution quality</li>
</ul>
<p>Live results depend on market conditions and infrastructure quality.</p>
<h3>Advantages</h3>
<ul>
<li>Designed to capture strong market momentum</li>
<li>Fully automated execution</li>
<li>Structured risk management</li>
<li>Suitable for trending market conditions</li>
<li>Adjustable parameters for flexibility</li>
<li>Compatible with MT5’s fast execution engine</li>
<li>Reduces emotional trading mistakes</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Performance declines in sideways markets</li>
<li>Drawdowns possible during false breakouts</li>
<li>Sensitive to high spreads and slippage</li>
<li>Requires monitoring despite automation</li>
<li>VPS hosting may add additional cost</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the Momentum EA V1.0 file (.ex5 or .mq5).</p>
</li>
<li>
<p>Open MetaTrader 5.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL5 folder and then the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MT5.</p>
</li>
<li>
<p>Enable Algo Trading from the toolbar.</p>
</li>
<li>
<p>Open your preferred currency pair and select the recommended timeframe.</p>
</li>
<li>
<p>Drag the EA from the Navigator panel onto the chart.</p>
</li>
<li>
<p>Adjust input settings according to your risk preference and click OK.</p>
</li>
</ol>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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