Are you searching for the Momentun EA reviews in order to find out what is Best Scalper robot and how it works. The EA is an automatic price action swing system that utilizes multiple Forex trading strategies in an effort to be reliable and all market conditions, so is it scam or legit? You are absolutely in the right place because here, within our Momentum EA review, you are going to find out the complete truth about Momentum EA.
Actually, we don’t recommend anyone to use Momentum EA. If you want to know why, then you can find the details within our Momentum EA review as below. If you don’t want to find out more details on it, but instead want to find out the legit Forex trading software, then you can click this link:- Best Forex Robots.
OK, let’s begin with our Momentum EA review in order to find out what is Momentum EA in real.
Momentum EA Contact: The owner is Wim Schrynemakers, to get in touch with support, traders can leave a comment, or direct message Wim through his MQL5 profile page.
How Momentum EA Work
The Forex robot works with 2 separate strategies.The first strategy take advantage of strong price movements by “opening multiple trades in the direction of that trend.” Then, the EA monitors the profit levels and when it exceeds a certain point, the entire group of trades will be closed. If the trend continues in the same direction, then the EA will take advantage of that momentum and continue opening more trades, but does not use any elements of grid trading.
The second strategy essentially does the exact opposite of the original strategy as it focuses on trend reversals. Again, the software will open multiple trades and then look to close the mall when a certain level of profit is exceeded. Depending on the trade, the EA can use either a fixed take profit, or a trailing stop.
The Momentum EA can be used with all of the EURUSD, GBPUSD, USDCHF, USDCAD, USDJPY, EURJPY, GBPJPY, AUDUSD, NZDUSD, EURAUD, EURCAD, EURGBP and XAUUSD pairs, If you choose to use M1 timeframe, then you can use only the EURUSd and GBPUSD.
In terms of price, the Momentum EA is going for a large price tag of $750. Investors can sign up for 3 months at $190, 6 months at $350, or 1 year at $500. There is a free demo as well.
Our best advice for you
The greatest issue with Momentum EA is that $750 isn’t the type of investment I’ll just jump right into. I would like to monitor this account for a few more months before I signing up. We are a little bit hesitant.
Currently Best Performing Forex Trading Robot with an Average 86.3% ITM
FXMasterBot is the best automated trading robot because it works with the licensed Forex brokers; Trade Financial, 24Option & EuropeFX. You can choose risk levels, currency pairs to trade and a lot of other setting to configure. Minimum deposit is $250
Try a Free Demo Account at: FXMasterBot.com.