Momentum Surge EA #043
USD 4,000
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- Momentum Surge EA #043
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- Momentum Surge EA – User Guide
- 1. Overview
- The Momentum Surge EA is a fully automated trading system for MetaTrader 5.
- It combines three powerful technical indicators: Momentum, RSI, and ATR to identify strong
- market surges and manage trades dynamically.
- The system uses ATR-based stop loss and take profit, with optional trailing stop and breakeven protection.
- 2. Entry Logic
- • Buy Entry
- o Momentum > Buy Threshold (default: 100.5)
- o RSI ≥ RSI Buy Level (default: 55)
- o Spread filter must pass
- • Sell Entry
- o Momentum < Sell Threshold (default: 99.5)
- o RSI ≤ RSI Sell Level (default: 45)
- o Spread filter must pass
- • Only one trade at a time per symbol/magic number.
- • Cooldown bars prevent over-trading after each position.
- 3. Exit Logic
- • Stop Loss (SL): Based on ATR × multiplier.
- • Take Profit (TP): Based on ATR × multiplier.
- • Trailing Stop: Dynamically adjusts SL as price moves in favor.
- • Break-Even Option: Moves SL to entry price once RR ≥ 1.0.
- 4. Input Parameters
- Signal & Indicators
- • Signal Timeframe – Default: M15
- • RSI Period – Default: 14
- • RSI Buy Level – Default: 55• RSI Sell Level – Default: 45
- • Momentum Period – Default: 14
- • Momentum Buy Threshold – Default: 100.5
- • Momentum Sell Threshold – Default: 99.5
- • ATR Period – Default: 14
- Risk & Trade Management
- • ATR SL Multiplier – Default: 2.0
- • ATR TP Multiplier – Default: 3.0
- • ATR Trailing Multiplier – Default: 1.5
- • Use Trailing Stop – true/false
- • Use Break Even – true/false
- • Risk % per Trade – Risk-based lot sizing
- • Fixed Lot – Used if Risk % = 0
- Filters
- • Max Spread (points) – Avoid trading in high spread conditions
- • Cooldown Bars – Wait bars after a trade before next entry
- Misc
- • Magic Number – Unique ID for EA trades
- • Allow Buy / Allow Sell – Enable/disable direction
- 5. Recommended Usage
- • Use on liquid pairs (EURUSD, GBPUSD, XAUUSD).
- • Best suited for M15–H1 timeframes.
- • Run on low-spread brokers with ECN accounts.
- • VPS recommended for continuous operation.
- 6. Example Preset Configurations
- EURUSD M15
- • RSI Period: 14 (Buy ≥55, Sell ≤45)
- • Momentum Period: 14 (Buy >100.5, Sell <99.5)
- • ATR Period: 14
- • SL = ATR × 2.0• TP = ATR × 3.0
- • Trailing Stop = ATR × 1.5
- • Risk: 1%
- XAUUSD H1
- • RSI Period: 14 (Buy ≥60, Sell ≤40)
- • Momentum Period: 20 (Buy >101.0, Sell <99.0)
- • ATR Period: 14
- • SL = ATR × 2.5
- • TP = ATR × 4.0
- • Trailing Stop = ATR × 2.0
- • Risk: 0.5%