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The Momentum indicator identifies when the price is moving upward or downward and how strongly.
Momentum measures the rate of change in prices as opposed to the actual price changes themselves.
Momentum is measured by continually taking price differences for a fixed time period.
Momentum Forex Trading Expert Advisor forex robot is an automated forex robot usually being sold for 30$. This EA works on the Momentum indicator, which is a leading indicator on the forex market. To enter a position, the advisor uses the oversold or overbought conditions of this indicator, catching the mood of traders.
Minimum standard account balance of 250$ .
Work on any pair. (There are optimized preset for some pairs)
Work best on M15 and H1 (Work on any time frame)
For best performance this Forex Trading Expert Advisor should be online 24 hours.
Test your Forex EA and Strategy on Forex Tester or an demo account first before investing with live account. Reccomended Forex Brokers:
Icmarkets: https://icmarkets.com
Exness: https://exness.com
Iqoption: https://iqoption.com
Deriv: https://deriv.com
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