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Auto Momentum

$20.00 USD

 Executions and Sizing

How the EA Chooses Lot Size & Places Trades

 PositionSizeMode

Decide whether to use a fixed lot size (**StaticSize\_LotSizeRisk**) or dynamically calculate the lot size as a portion of your equity (**DynamicSize\_PercentageRisk**).

 LotSizeRisk

When **PositionSizeMode** is fixed (static), this is the exact lot size used per trade.

 PercentageRisk

When **PositionSizeMode** is dynamic, this sets the percentage of account equity risked on each trade.

 StopLossPips

Specifies how many pips away from the entry price the stop loss is placed to protect against big losses.

 TakeProfitPips

Sets how many pips away the EA will lock in profit if the trade moves favorably.

 

 Momentum Settings

Spotting Rapid Market Movement

 MomentumThreshold

If the Momentum indicator crosses this value, the market is moving strongly enough to justify entering a trade.

 MomentumPeriod

The number of past candles used to calculate Momentum. Higher means smoother readings, while lower reacts faster to price changes.

 ATREntryBias

• **Momentum**: Enter trades in the same direction as the previous candle’s movement (bullish or bearish).

• **MeanReversion**: Go against the previous candle’s direction in anticipation of a pullback.

 

 Entry Cooldown Settings

Pausing Between Trades

 EntryCooldown

The EA will wait this many hours between trades to prevent placing multiple orders too quickly.

 EntryCooldownTimeframe

Which timeframe’s candles (open, close, Momentum) the EA uses for measuring cooldown and evaluating candle direction.

 

 Visuals

Your On-Chart Information Display

 TextColor

Pick your favorite colors to customize the profit/loss labels and their background.

 ValueColor

Pick your favorite colors to customize the profit/loss labels and their background.

 BoxColor

Pick your favorite colors to customize the profit/loss labels and their background.

 YAxisDistance

Adjust this distance to position your profit/loss box at a comfortable spot on the chart.

 XAxisDistance

Adjust this distance to position your profit/loss box at a comfortable spot on the chart.

 

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