Pipsgrowth EX10001 Momentum-Scalper

Pipsgrowth EX10001 Momentum-Scalper turns a single indicator disagreement into a four-way vote. The EA loads eight indicator handles on init — EMA(20), EMA(50), MACD(12,26,9), RSI(14), ATR(14), ADX(14), Bollinger Bands(20,2.0), and a higher-timeframe EMA(50) on H1 — and then on every closed bar of the chosen timeframe (M5 by default, M15 supported) it asks each one to cast a vote.

Four votes are tallied. Vote 1 is the EMA stack: bullish if EMA(20) sits above EMA(50) on the closed bar, bearish if the order is inverted. Vote 2 is the MACD histogram sign (main line minus signal line) — positive for bulls, negative for bears. Vote 3 is an RSI pullback: for a long, the bar-1 RSI has to sit inside the InpRSIBuyLow/InpRSIBuyHigh band (35–72 by default) AND either have risen from bar-2 or already be above 50; the mirror handles shorts. Vote 4 is a body filter — the closed bar's body has to exceed InpBodyAtrMin (0.35) times the ATR(14), and the close must be on the correct side of the open. The EA logs a long when at least InpMinVotes (3) of the 4 votes agree on the bull side and outvote the bear count, and a short on the mirrored condition. Confidence is reported as votes × 25 (so a 4-of-4 reads 100, a 3-of-4 reads 75).

The first guard the EA applies after the vote is the regime classifier. ADX(14) and a 100-bar ATR-percentile calculation drive a seven-state enum: STRONG_TREND (ADX ≥ 35 plus percentile ≥ 0.65), WEAK_TREND (ADX ≥ InpADXMinTrend=20 and percentile ≥ 0.45), BREAKOUT (Bollinger-band-width-to-ATR ratio > 4.5 with high percentile), COMPRESS (percentile ≤ 0.20), EXPAND (percentile ≥ 0.80), CHOPPY (ADX < 12), and RANGE as a fallback. Two of those — CHOPPY and RANGE — return false from RegimeAllowsEntry(), which means the EA sits on its hands during the very conditions where momentum-confluence signals tend to whipsaw most. A regime flip into CHOPPY while a position is open also forces an immediate market exit from ManageExits().

The next two confirmations sit inside ConfirmEntry(). First, the HTF EMA(50) on the H1 chart has to agree with the trade direction — long requires price above the H1 EMA, short requires price below. That single line kills a meaningful slice of counter-trend signals on M5 that the lower-timeframe stack would otherwise have green-lit. Second, an optional ATR-percentile gate (InpATRPctileMin) lets the trader block entries when current ATR(14) sits in the bottom tail of its 100-bar distribution — useful for killing signals during the late-Asian doldrums. A session filter (InpSessionStart, InpSessionEnd) and a minimum R:R check (InpRRMin=1.5) round out the confirm layer.

The exit stack is where the EA earns its keep. Stop and target are both ATR multiples — InpATRSlMult=2.0 and InpATRTpMult=2.0 — which means a 1:1 base R:R that the R:R filter will reject if ATR has expanded enough that the broker-stops level pushes the SL too close. With break-even on (InpUseBreakEven=true, the default), the stop moves to entry plus 1 point once profit reaches 1R, eliminating the risk-of-ruin case where a winning setup rounds-trips into a loss. ATR trailing at InpATRTrailMult=2.6 with a 0.25 step (ATR_TRAIL_STEP_PCT) then ratchets the stop forward as price moves, locking in increments of trailing distance × 0.25. Partial TP is wired in but disabled by default (InpUsePartialTP=false) — the default posture is "let winners run" and rely on the trailing stop to take the rest. Two additional exits are wired into ManageExits(): a time stop at InpMaxBarsInTrade=48 bars on the chosen timeframe, and an opposite-signal exit that closes the position only when the fresh MomentumSignal call returns a counter-direction with confidence ≥ 75. A position can therefore stay open for a long time when the higher-timeframe trend keeps agreeing, but a 4-vote opposite flip is enough to bail out.

The risk envelope is conservative for a 4-vote momentum system but aggressive in absolute terms. InpRiskPercent=2.0% of effective capital is the per-trade risk; the daily loss ceiling is 15% of effective capital, the weekly ceiling 25%. Effective capital is account equity unless InpCapitalCapAmount > 0, in which case the EA treats the cap as the working capital (a useful feature for prop-firm accounts and staged rollouts). InpCapitalCapFloor=50 blocks new entries when effective capital dips below $50. Lot sizing is computed from the actual SL distance, tick value, and tick size — not from a fixed lot — so a 2x-ATR SL on a quiet day produces a larger lot than the same SL on a high-ATR day. MarginOK demands 20% more free margin than OrderCalcMargin reports needed. The whole position is held in a per-magic single slot (InpMaxConcurrent=1, InpMaxSymbol=1) and a 2-bar cooldown (InpCooldownAfterLoss) fires after the consecutive-loss counter, which UpdateLossTracking() rebuilds from the deal stream every tick by counting DEAL_ENTRY_OUT records for this magic.

For backtesting, expect the EA to look best on XAUUSD M5 over periods where gold trended in clean swings and to underperform during the August-through-October compression that gold typically posts. The ADX ≥ 20 filter plus the H1 EMA(50) agreement will both cut a chunk of the headline trade count — typical runs land well under 100 trades per year on a single symbol — but the survivors tend to carry the bulk of the equity curve. Test with the default vote threshold of 3, but try lifting it to 4 to see the impact on drawdown; the 1:1 SL/TP baseline combined with the trailing stop is what gives the equity curve its shape, not the per-trade win rate.

The InpDryRun flag is a one-click switch that prints the full intent — direction, lots, prices, SL, TP, and the g_lastNoTradeReason string — to the log without sending orders, which is the right way to verify the EA's behavior in a Strategy-Tester visual-mode pass before going live.