FxMath Momentum EA

✨ Key Features

🚀 Quick Start Guide

Get up and running in 5 minutes:

Option 1: Standalone Executable (Recommended)

📦 Download FxMath_Momentum_EA.exe

# 1. Download the executable from the link above
# 2. Double-click to run
# 3. Configure your MT5 connection
# 4. Click "Start Bot" ✅

Option 2: From Source

# 1. Install dependencies
pip install -r requirements.txt

# 2. Run the application
python main.py

# 3. Configure and start trading!

📖 Introduction

FxMath Momentum EA is a sophisticated algorithmic trading system designed for MetaTrader 5. It combines the power of MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index) indicators to identify high-probability momentum trades.

What Makes It Special?

• Proven Strategy: Based on well-established technical indicators used by professional traders
• Pyramiding: Ability to stack multiple positions during strong trends for exponential gains
• Risk Control: Multiple layers of protection including ATR-based stops and daily limits
• MQ5 Bug Mode: Replicates the profitable behavior of the original MQ5 EA
• User-Friendly: Modern GUI makes configuration and monitoring effortless

💾 Installation

System Requirements

Step-by-Step Installation

1. Install MetaTrader 5

Download and install MT5 from your broker's website. Make sure to:

• Enable "Algo Trading" in MT5 settings (Tools → Options → Expert Advisors)
• Allow DLL imports
• Connect to your trading account

2. Install Python Dependencies (if running from source)

pip install MetaTrader5 customtkinter

3. Configure MT5 Connection

The EA will automatically detect your MT5 installation. If you have multiple terminals:

• Go to the "🔧 Filters" tab
• Select your preferred MT5 terminal from the dropdown

4. First Run

Launch the EA and configure your initial settings:

• Symbol: Choose your trading pair (e.g., EURUSD, XAUUSD)
• Timeframe: Select chart timeframe (M5 recommended)
• Risk: Set your risk percentage per trade (1% recommended)

📊 Trading Strategy

Core Methodology

The FxMath Momentum EA uses a dual-indicator approach to identify momentum-based trading opportunities:

Entry Signals

BUY Signal:

• MACD line crosses above the signal line (bullish crossover)
• AND RSI is above the threshold (default: 50)

SELL Signal:

• MACD line crosses below the signal line (bearish crossover)
• AND RSI is below the inverse threshold (default: 50)

Exit Strategy

Positions can be closed by:

• Take Profit: Automatically set at Risk:Reward ratio (default: 2.5:1)
• Stop Loss: ATR-based dynamic stop (default: 2.0 × ATR)
• Momentum Reversal: Optional early exit when MACD crosses opposite direction
• Cut Profit/Loss: Daily cumulative limits

Pyramiding (Multiple Positions)

When MQ5 Bug Mode is enabled, the EA can open multiple positions in the same direction:

• Maximum 10 concurrent positions (configurable)
• One position per candle maximum
• All positions in the same direction (all BUY or all SELL)
• Ideal for capturing strong trending moves

⚡ MQ5 Bug Mode

This special mode replicates the behavior of the original MQ5 EA, which had a "bug" that turned out to be highly profitable.

What is MQ5 Bug Mode?

The original MQ5 EA had unintended behavior that allowed:

• No SL/TP: Positions opened without stop loss or take profit
• Multiple Entries: Multiple positions per bar during strong momentum
• No Reversal Close: Positions kept open even when momentum reverses

How to Enable

MQ5 Bug Mode is enabled by default in v1.02. To customize:

1. Go to the 💰 Risk tab
2. Check/uncheck the aggressive mode options:
   • ✅ Allow positions WITHOUT SL/TP
   • ✅ Allow multiple entries per bar
3. Go to 🔧 Filters tab
4. Set "Max Concurrent Positions" to 10 (default)

Or simply click the 🚀 MQ5 BUG MODE quick preset button in the Controls tab!

Performance Characteristics

🛡️ Risk Management

Position Sizing

The EA offers two lot sizing modes:

1. Risk-Based (Recommended)

Automatically calculates lot size based on:

• Account balance
• Risk percentage per trade (default: 1%)
• Stop loss distance in pips

Lot Size = (Account Balance × Risk%) / (Stop Loss Pips × Pip Value)

2. Fixed Lot

Use a fixed lot size for all trades (e.g., 0.01, 0.1, 1.0)

Stop Loss & Take Profit

Dynamic stops based on ATR (Average True Range):

• Stop Loss: 2.0 × ATR (default) - adapts to market volatility
• Take Profit: SL distance × Risk:Reward ratio (default: 2.5:1)

Daily Limits

Protect your account with daily profit/loss limits:

• Cut Profit: Stop trading after reaching daily profit target (default: $100)
• Cut Loss: Stop trading after reaching daily loss limit (default: $100)

⚙️ Settings Reference

Indicator Settings

Risk Settings

📈 Indicators Explained

MACD (Moving Average Convergence Divergence)

MACD measures momentum by comparing two exponential moving averages:

• MACD Line: Fast EMA (16) - Slow EMA (26)
• Signal Line: 11-period EMA of MACD line
• Crossovers: Generate buy/sell signals

RSI (Relative Strength Index)

RSI measures the speed and magnitude of price changes:

• Range: 0-100
• Above 50: Bullish momentum (BUY confirmation)
• Below 50: Bearish momentum (SELL confirmation)

ATR (Average True Range)

ATR measures market volatility:

• Used to set dynamic stop loss distances
• Adapts to changing market conditions
• Higher ATR = wider stops (volatile markets)
• Lower ATR = tighter stops (calm markets)

❓ Frequently Asked Questions

🔧 Troubleshooting

EA Won't Connect to MT5

Solution:

• Make sure MT5 is running and logged in
• Check that "Algo Trading" is enabled in MT5 (Tools → Options → Expert Advisors)
• If you have multiple MT5 terminals, select the correct one in the EA settings
• Try restarting both MT5 and the EA

No Trades Being Opened

Possible causes:

• No signals: Market conditions may not meet entry criteria. Be patient!
• Daily limits reached: Check if cut profit/loss limits were triggered
• Time filter: Verify time filter settings aren't blocking trades
• Max positions: Check if max concurrent positions limit is reached

Positions Not Pyramiding

Check these settings:

• ✅ "Allow multiple entries per bar" is enabled (💰 Risk tab)
• ✅ "Max Concurrent Positions" is set to 10 (🔧 Filters tab)
• ✅ You haven't already reached the max position limit
• ✅ There's a new candle (only one position per candle allowed)

High Slippage or Order Rejections

Solutions:

• Increase "Max Slippage" setting (default: 30 points)
• Trade during high liquidity hours (avoid news events)
• Use a broker with good execution quality
• Reduce lot size if your account is too small

📝 Changelog

Version 1.02 (2026-02-06)

Version 1.01 (2026-02-04)

Version 1.0 (2026-02-01)