Recruitment of participants Expert Momentum Classic

Momentum Classic

is a completely automatic trading EA. It is a fact that market is mostly trading in range and high-power bursts are rare. These sharp movements are starting with momentum, which is a signal to trend start, increased volatility and trading volumes. We built a special algo, which seeks for such Impulse (Momentum), to signal trade entry. Momentum Classic also has several filters, based on deviation from standard market volatility, so the EA can tell noise from the real trend emerging.

Momentum Classic is built on the Price Action principles and is measuring strength of Momentum not only by deviation from standard volatility, but also using technical indicator like RSI and ATR.

Momentum Classic is designed for longterm trading and have a stable perfomance at all available history data. According the history results for 16 years, Maximal Drawdown is 14.5% and Average Monthly Profit is 5.5%

Momentum Classic is designed for next currency pairs and timeframes:

• M15: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY, XAUUSD;
• M30: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY, XAUUSD;
• H1: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY, XAUUSD;

Momentum Classic is a long-term investment strategy. EA can trade on any kind of broker account (ECN, STP or other) and it is not dependent on spread size, commission or slippage and provides highly stable trading performance.



https://www.mql5.com/ru/signals/579509