Contramentum

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SUMMARY

This is an EA designed for his AUDJPY currency pair in the MT5 trading terminal. Maximize your profit potential with a trading strategy that leverages momentum-based trading logic and recovery trading features.

PERFORMANCE (LIVE FORWARD TEST)

Contramentum profit and loss graph
TOTAL GAIN#N/A
MONTHLY#N/A
DRAWDOWN#N/A
START2023-10-21
OPERATING MONTH11
ACCOUNTdemo

KEY FEATURES

Currency Pair AUDJPY
Time frame M5
Terminal MT4
Trading Syle

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Description

This EA is designed for trading the AUDJPY currency pair on the MT5 trading terminal. It operates on 5-minute charts and utilizes momentum indicators and unique trading logic to maximize profits.

The EA’s trading strategy is based on momentum indicators, which help you identify potential market trends and take advantage of price movements. By analyzing the momentum of the AUDJPY currency pair, the EA aims to generate accurate trading signals for optimal entry and exit points.

One of the key features of this EA is the ability to perform recovery trades that further increase profitability. Recovery trades are executed based on a combination of momentum indicators and the passage of time. This intelligent approach allows the EA to identify potential market reversals and take advantage of favorable conditions to recover previous losses.

With a focus on momentum and recovery trading, this EA provides a comprehensive trading solution for AUDJPY traders. Even if you are a beginner, the EA’s automated trading features can help you make informed decisions and potentially increase your profits.

Attach an EA to the M5 chart of AUDJPY on MT5.

▼parameter settings

Lot_Size Minimum 0.01 lot ~ Please set according to your account balance.
Magic number Normally, there is no problem with the default setting. This is the number that identifies this EA order within the account. If you use multiple EAs in one account, please set the magic number so that it is not the same as another EA’s magic number.

Since this EA holds multiple positions, it cannot tolerate drawdowns if the account balance is too small or the lot size is too large.
Also, the higher the account leverage, the better, and 1:200 or higher is recommended.
The recommendation is to start with 1000 USD and 0.01 lot. Be cautious about increasing lot size. Foreign exchange markets change rapidly and involve risks.

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