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General Questions
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Robots
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- What is the difference between EA Trading Academy's free and premium robots
- Which broker should I use to trade the Robots?
- Do I need a VPS to trade with Robots?
- Can I use Robots on cryptocurrency exchanges?
- How to trade with many EAs in the US? (FIFO solutions)
- I placed the EAs over the charts, but no trades are opening
- Is it possible to trade cryptocurrencies with Robots?
- Why do my trades not match on Demo and Live accounts with the same EAs?
- Why do some of the EAs in the courses not have SL and TP?
- Do the EAs have money management integrated?
- What returns should I expect from the robots
- Can I use Grid EA (like Waka Waka) on Prop Firms?
- Can you pass a challenge for me and manage my Funded account with the FTMO EA?
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Strategy Builders
- What are the main differences between EA Studio and FSB Pro?
- Is there a difference between the trial period and the license?
- Why is the backtest on EA Studio/FSB Pro different from the backtest in MetaTrader?
- Can I use Custom indicators on EA Studio or FSB Pro?
- What are the limitations of the EAs during the free trial?
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- Articles coming soon
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- Data Source Settings
- Fetch Settings
- Collection Settings
- Parameters and Settings
- Data Horizon
- Backtester Settings
- How to avoid overfitting?
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Courses
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Indicators
Momentum
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The Momentum indicator shows the pace of the price fluctuation. It also shows the direction of the trend. When traders want to measure the rate of change of an asset, this is one of the indicators that they use.
It’s very popular when it comes to determining the pace. It compares current and past values and helps traders to make good decisions about the best point at which they can sell or buy. It is used along with other indicators.
The points where the market can or is likely to reverse are identified by using this indicator. These points are identified when price movement diverges from momentum. Trend lines and moving averages can be used to confirm whatever this indicator shows you, so never enter a trade based solely on the information you get with it.
Calculating Momentum indicator
In these calculations, the following symbols are used:
- MOMENTUM = the momentum technical indicator
- CLOSE(i) = is the closing price of the current bar;
- CLOSE(i-N) = is the closing bar price N periods ago
The Momentum indicator is a ratio, which is used to compare today’s price with the price a few (N) periods ago.
MOMENTUM = CLOSE(i)/CLOSE(i-N)*100
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