MoMo Trade MT5 (Full model https://www.mql5.com/ru/market/product/59093) is a trading system that implements one of that the momentum strategies. using easy and proven tools, such as the MACD histogram and the EMA, the Expert Advisor hunts for entrance points. The plan is focused on reversal patterns after the fad area. The Expert Advisor is designed to work on the M5 timeframe and focuses on short-term profit targets. it’s also possible to work on additional timeframes.
The free version only works with a minimal lot!
The free version only works with a minimal lot!
The distance of the trailing stop activation is the distance of the movement from the opening price to the profit. The stop never moves in a big way.
- Fast EMA period – The period of the fast moving average of the MACD histogram.
- Slow EMA period – The period of the slow moving average of the MACD histogram.
- Trend area number of bars – The number of bars to calculate the average MACD amplitude. The more bars there are, the longer the trend area should be.
- Average MACD value – The average amplitude on the bar area. The higher the amplitude, the stronger the trend in the area should be.
- Timeframe – The timeframe of the system. The Expert Advisor was developed on the basis of M5, but you can use it on any timeframe.
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- Stop Loss – The value of the stop in points (5 digits, points).
- Take Profit – The value of the profit (5 characters, points).
- Max opened trades for multicurrency – Maximum of simultaneously opened trades in the amount of different currencies.
- Enable trailing stop-Enable / disable the trailing stop.
- Activation distance – The distance in the profit to start the trailing stop (5 characters, points).
- Trailing distance – The distance of the foot pull-up. The stop size will be adjusted to this distance (5 characters, points).
- Working hours string – A string for setting the working hours of the Expert Advisor. Format (0,1,2,10,23).The time is set in the format UTC-0 (GMT-0). If the string is empty, there is no time limit.
- Magic
- Comment
- Enable trailing stop-Enable / disable the trailing stop.
- Activation distance – The distance in the profit to start the trailing stop (5 characters, points).
- Trailing distance – The distance of the foot pull-up. The stop size will be adjusted to this distance (5 characters, points).
- Working hours string – A string for setting the working hours of the Expert Advisor. Format (0,1,2,10,23).The time is set in the format UTC-0 (GMT-0). If the string is empty, there is no time limit.
- Magic
- Comment
- Enable trailing stop-Enable / disable the trailing stop.
- Activation distance – The distance in the profit to start the trailing stop (5 characters, points).
- Trailing distance – The distance of the foot pull-up. The stop size will be adjusted to this distance (5 characters, points).
- Working hours string – A string for setting the working hours of the Expert Advisor. Format (0,1,2,10,23).The time is set in the format UTC-0 (GMT-0). If the string is empty, there is no time limit.
- Magic
- Comment
- Working hours string – A string for setting the working hours of the Expert Advisor. Format (0,1,2,10,23).The time is set in the format UTC-0 (GMT-0). If the string is empty, there is no time limit.
- Magic
- Comment
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