The GerFX EA is a trading tool designed to capture forex momentum after major financial events like central bank announcements and speeches. The main idea behind this EA is to detect the early stages of a new trend and act accordingly.
Forex Momentum Capture EA scans for strong price movements that could indicate the start of a trend. When it sees such momentum, it opens trades in the direction of that trend. At the same time, it also places pending orders to catch a reversal if the trend does not continue possibly. This way, the GerFX EA tries to take advantage of trend continuation and sudden changes in direction.
Key Features of Forex Momentum Capture EA
- MultiCurrency and MultiTimeframe – Forex Momentum Capture EA can handle several currency pairs and timeframes simultaneously. It is not limited to just one symbol or chart.
- Single Chart Usage – The tool is designed to run from a single chart. Traders should not try to run it on multiple charts with the default settings, as doing so would lead to multiple trades on the same pairs, which might result in too many open positions.
- Risk Control – For each chosen timeframe, the EA can have one open trade. This feature allows users to control their risk exposure by selecting fewer timeframes if desired.
- No Martingale or Grid Strategy – GerFX EA does not use high-risk trading strategies such as martingale or grid systems, which are known for increasing trade sizes after losses.
- Currency Pairs Compatibility – The EA is suited for trading currency pairs involving USD, EUR, GBP, CAD, and AUD. For the Swiss Franc (CHF), the developer recommends using it only with USDCHF and EURCHF pairs. This may be due to the behavior or stability of CHF in the market.
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how this Forex Momentum Robot works and only use it in a real account.
Recommendations for GerFX EA
- EA can open up to 16 positions (4 time frames on 4 pairs) after an event, and each position requires 0.01 lots. Therefore, the account size for 0.01 lots is between $1500 and $2000.
- This EA is a one-chart setup, so it only needs to be attached to one pair. It will trade on all pairs and timeframes described in the input parameter.
- Works best on EURUSD, EURJPY, EURAUD, EURCAD, GBPUSD, USDCAD, USDCHF, GBPJPY, AUDJPY, USDJPY, AUDUSD, EURGBP, EURCHF, and CADJPY. (Work on any Pair)
- It will trade on all the timeframes specified in the input parameter.
- GerFX EA should work on VPS without interruption to reach stable results. So we recommend running this Forex Momentum Capture EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread account is also Recommended (Find the Perfect Broker For You Here)
1ms Latency to Your Broker
100% Uptime Guarantee
Max Leverage
Small Accounts
Platforms
1:2000
Yes ✅ (Cent)
MT4, MT5
No Commission
Up to 90% profit splits
800+ Financial Markets
Download a Collection of Indicators, Courses, and EA for FREE
Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “http://fxdata.cc”, “http://backup.fxdata.cc” and press “OK.” The EA takes news from the specified websites.
Conclusion
While the GerFX EA offers multiple features and flexibility, it is important to understand how to configure it properly. Incorrect setup can lead to overtrading or increased market exposure. It is also designed to respond to market movements following bank-related events so that it may perform differently during quiet market periods.
In summary, the Forex Momentum Capture EA focuses on capturing price momentum after key financial events using a mix of trend and reversal strategies. It supports multiple symbols and timeframes from a single chart and has built-in methods to help moderate risk.
not working
An unknown error message comes out.
It doesn’t open any positions. Why?
Cannot attach to MT4. Error message stating unable to connect to EA’s private server.