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%