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Advisor GerFX Momentum Capture EA

  • Advisor GerFX Momentum Capture EA
  • Version: 3.1
  • Modification: DLL 1353
  • Platform: MetaTrader4
  • Availability: In Stock
  • Brand: mqlmarket.ru
  • Added: 2022-07-06
  • Updated: 2022-07-06
  • 490 р.

Version indicates the maximum EA version that will be sent to you. Version updates are not provided unless otherwise stated in the product description. It often happens that the products also contain earlier versions of the product, this is due to updates to the adviser or indicator.

DLL - A specially designed file that allows a specific product to work on terminal builds up to a certain version. Builds are a version of MetaTrader 4 or 5.
DLL files are included in the archive with the advisor or indicator that you purchase. Installing a product with a DLL is specified here: How to install a DLL? ( will open in a new window). Our dll files are safe and are automatically checked by cloud-based antivirus programs.

Availability - if set:

  • Available - it means that the file will be available to you immediately after payment in your personal account;
  • Manual processing - it will take time to process the order. (usually 5-15 minutes);
  • On redemption - it means that the product will appear in your account later, as soon as we buy the product, usually 1-3 days.

Developer - All items on the site "developed" by the mqlmarket.ru service and technical support for these products is provided only through this site.

A refund is provided if the Expert Advisor file is not working according to the established requirements, which are specified in in the terms of the agreement (opens in a new window). In disputable situations, we are always on the client's side.

 

Installing EA trading advisors and robots:

  • Files after the purchase will be available in your Personal Account in the section: My downloads.
  • If the archive contains the MQL folder, then copy and paste it along the way to terminal: File - Open the data directory.
  • If the robot is in the archive as an .ex4 or ex.5 file, then copy and paste it along the path in the terminal: File - Open data directory - MQL4 - Experts.
  • Copy and paste the file with the indicator or script .ex4 or .ex5 along the path in the terminal: File - Open data directory - MQL4 - Indicators/Scripts.

When working with forex robots, use a VPS (rented computer), do not regret it for $ 3 per month.
We have been using two services for more than 5 years:
1 VPS service from Zomro: registration link with promo code (you will get a discount).
2 ForexBox VPS service: registration link (also get a discount ku).
3


If you find an error in the text, write to us and we will fix it! :)

 

The adviser tries to determine the beginning of a new trend after banking events and speeches. It has multi-currency and multi-timeframe capabilities.

Having detected a strong price action and momentum, it will open positions in the direction of the trend, as well as pending orders for a possible reversal. The EA does not use martingale and grid.

The Expert Advisor trades all symbols from one chart (it can be any timeframe). Do not use it on multiple charts with default settings, as this will lead to multiple trades of all symbols and lead to too many positions.

There can be one open order for each timeframe. Thus, you can adjust the risk without choosing all four timeframes.

In general, all combinations of USD, EUR, GBP, CAD, AUD are trading. For CHF, I recommend only USDCHF and EURCHF pairs.

Personally, I use the following characters:

EURUSD,EURJPY,EURAUD,EURCAD,GBPUSD,USDCAD,USDCHF,GBPJPY,AUDJPY,USDJPY,AUDUSD,EURGBP,EURCHF and CADJPY.

Web requests must be allowed so that the ADVISOR can receive news data from my server. Go to: Tools -> Options -> Expert Advisors and add the following addresses:

http://fxdata.cc and http://backup . fxdata.cc

The minimum balance depends on the number of symbols and the settings of the maximum position.

I recommend $1500-2000 for 0.01 lot, because the EA can open up to 16 (4 timeframes for 4 pairs) positions and pending orders after the event.

Please contact me if you have any problems with testing on historical data or if you need help in real trading.

For backtests, it is very important to use news data and the correct Greenwich Mean Time offset. The EA does not trade a minute after the news, so the news data is not used for unrealistic trading on the news. But it is important to determine whether the movement is fundamental. News data for 2010-2017 is already included in the EA file, but for future data it is necessary to download the data file.

Parameters

  • IMPORTANT: Each character must be added to only ONE of the four character lists, otherwise it can be used twice!
  • symbolsNormal is a comma-separated list of symbols for trading with events of both currencies.
  • symbolIgnoreUSDEvents - These symbols will also be traded, but not on events in US dollars.
  • symbolIgnoreEURevents - These symbols will also be traded, but not on EUR events.
  • symbolIgnoreJPYevents — these symbols will also be traded, but not on JPY events.
  • tradeM5 - whether to use the M5 timeframe.
  • magicM5 is a magic number for trades opened by signals of the M5 timeframe.
  • tradeM15 - whether to use the M15 timeframe.
  • magicM15 is the magic number for trades opened by signals of the M15 timeframe.
  • tradeM30 - whether to use the M30 timeframe.
  • magicM30 is the magic number for trades opened on the signals of the M30 timeframe.
  • tradeH1 - whether to use the H1 timeframe.
  • magicH1 is a magic number for trades opened by signals of the H1 timeframe.
  • lotType - "fixed" or "increasing", where the lot size is calculated automatically.
  • fixLots - fixed lot size if lotType = fixed.
  • lotStep - how much the lot size should increase for each equityPerStep (if lotType = increasing).
  • EquityPerStep - how much equity is needed for one lot step (if lotType = increasing).
  • maxStop/maxMarketOrdersAllSymbols to limit the total number of open market and pending stop orders for all symbols.
  • pipInPoints - there should be 10 for 5-digit brokers, 1 for 4-digit brokers.
  • usePipsScaledToADR — if true, the pip value will be scaled to the average daily range, so 40 pips can mean something between 20 and 80 normal pips.
  • useAutoSettings whether to use the internal saved input and output settings.
  • waitTimeAfterNews - how long to wait after a news event.
  • MomentumStrengthMarket/Pending : The strength of the trend to enter.
  • StopLoss - maximum stop loss used.
  • TakeProfit - take profit to exit the transaction. Usually the strategy exits through a trailing stop.
  • TrailingStop - trailing stop in pips.

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