The article explores the implementation of a trading strategy using the Momentum indicator within MetaTrader 5. Momentum, an important tool for traders, measures price velocity, aiding in identifying trend strength and direction. The article outlines the calculation methods for Momentum, both by subtraction and division, with emphasis on the latter used in MetaTrader 5. A simple Momentum strategy is proposed, focusing on crossover signals around the 100 level for buying and selling. It includes a detailed blueprint for coding this strategy into a trading system using MQL5, enabling automated signal generation, enhancing trading efficiency and decision-making.

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#MQL5 #MT5 #Momentum