Product overview
A closer look at what’s included
MomentumFlow RSI is a MetaTrader 5 Expert Advisor based on a simple closed-bar RSI momentum approach. The EA evaluates confirmed candles and does not use future price data for signal generation, ensuring zero look-ahead bias.
Strategy Concept & Entry Logic
- RSI(14) Momentum: Uses RSI(14) on your selected timeframe, treating strong readings as trend confirmation rather than reversals.
- Long Setups: Trigger when RSI(14) closes above 70 within the configured trading session (default 09:00–17:00 GMT).
- Short Setups: Trigger when RSI(14) closes below 30 within the active trading window.
Exit Logic & Risk Controls
- Fixed Parameters: Applies a 50-pip Stop Loss and a 30-pip Take Profit per trade.
- Equity Sizing: Normalizes volume according to account equity and broker contract specifications.
- Full Flexibility: Adjust timeframes (H1 recommended), GMT offsets, session limits, and maximum spread controls.
Key features
- RSI(14) Momentum: Uses RSI(14) on your selected timeframe, treating strong readings as trend confirmation rather than reversals.
- Long Setups: Trigger when RSI(14) closes above 70 within the configured trading session (default 09:00–17:00 GMT).
- Short Setups: Trigger when RSI(14) closes below 30 within the active trading window.
- Fixed Parameters: Applies a 50-pip Stop Loss and a 30-pip Take Profit per trade.
- Equity Sizing: Normalizes volume according to account equity and broker contract specifications.
- Full Flexibility: Adjust timeframes (H1 recommended), GMT offsets, session limits, and maximum spread controls.
Support & answers
Frequently asked questions
Question: What platform does MomentumFlow RSI require?
Answer: This Expert Advisor is built exclusively for MetaTrader 5.
Question: Do I need coding experience to set it up?
Answer: No, the EA is fully compiled and ready to use. Simply add it to your MT5 Experts folder, attach it to a chart, and set your inputs.
Question: Does this EA repaint or recalculate signals?
Answer: No, all signals are processed on confirmed closed candles to eliminate look-ahead bias and repainting.
Question: How should I test this before live trading?
Answer: Run the EA in the MetaTrader 5 Strategy Tester using your broker's historical data, spread, and commission settings prior to live deployment.