Momentum Robot for Stocks, a Commodities EA for MT5 and MT4
Forgemaster EA is a commodities EA for MT5, and it hammers US stocks with the same engine. Raw materials tend to move in long pushes, so a momentum robot suits the commodity side of the market particularly well. Select Forex pairs belong to the list too. You attach it, then you pick your risk, and afterwards it does the rest. Besides, the defaults arrive ready out of the box. Of course a demo account is the safest place to start.
MULTI-PAIR • LOW DRAWDOWN • BEGINNER FRIENDLY!
Why Traders Pick Forgemaster
- Runs on many markets, since one robot stayed profitable across US stocks, commodities and select Forex.
- Low, controlled drawdown, because risk is capped on every trade while a daily profit lock keeps growth steady.
- Truly hands-off, because entry, position sizing, stop, trailing and exit are 100% automated.
- Beginner friendly, with sensible defaults out of the box, so you skip the complex tuning.
- No activation and no license hassle, therefore you buy once and keep it forever, lifetime updates included.
How the Momentum Shift Is Forged
Forgemaster enters only when a real momentum shift lines up with the higher trend. Direction, momentum, strength and the higher timeframe therefore have to agree beforehand. If one of them disagrees, then the robot waits. In other words it stays selective instead of busy. Consequently it opens fewer positions than a busy scalper.
Winners afterwards get room to run. First an automatic stop caps the loss from the opening second. Then a dynamic trailing stop follows the push and banks profit as it develops. Meanwhile a daily profit target can close the day in green and stand aside. Still, every limit sits in the Inputs tab, so the last word is yours. Ultimately the trailing stop decides where a winner finishes.
Commodities EA for MT5 Results Last Month
Last month it ran on the M1 timeframe from a $200 account. Moreover, every instrument below closed the month in profit, most of them with drawdown well under 15%. Above all, VEA (NYSE) +43%, SBLK (NAS) +37% and CRSP (NAS) +37% led the list.
| Instrument | Return | Net Profit | Trades | Profit Factor | Max Drawdown | Sharpe |
|---|---|---|---|---|---|---|
| VEA (NYSE) | +42.6% | $85 | 34 | 2.30 | 20.5% | 11.36 |
| SBLK (NAS) | +37.4% | $75 | 33 | 3.90 | 10.0% | 14.07 |
| CRSP (NAS) | +36.9% | $74 | 20 | 2.99 | 16.6% | 25.03 |
| MCHP (NAS) | +35.6% | $71 | 50 | 1.81 | 17.7% | 57.35 |
| QURE (NAS) | +29.4% | $59 | 18 | 5.37 | 8.1% | 26.66 |
| SMCI (NAS) | +24.5% | $49 | 48 | 1.57 | 14.7% | 25.14 |
| AAXJ (NAS) | +24.1% | $48 | 21 | 4.09 | 8.8% | 63.28 |
| AUDCHF | +23.3% | $47 | 26 | 5.89 | 8.1% | 8.24 |
| GBPCAD | +20.5% | $41 | 48 | 1.56 | 19.4% | 5.27 |
| AMC (NYSE) | +18.3% | $37 | 17 | 2.79 | 5.3% | 8.89 |
| USDCAD | +11.2% | $22 | 40 | 1.35 | 17.4% | 3.06 |
| USDJPY | +9.9% | $20 | 30 | 1.49 | 16.3% | 2.69 |
Results come from historical data across the last month. Past performance does not guarantee future results.
Toolbox of the Commodities EA for MT5
- Adaptive position sizing, either a fixed lot or automatic risk-based sizing that grows with your balance.
- Smart exits, namely a stop loss on every trade, break-even and a dynamic trailing stop.
- Daily profit lock, which therefore stops trading once the day hits its target.
- News filter, namely the native MT5 economic calendar, so no external URLs are involved. On MT4, instead, it reads the faireconomy calendar.
- Session control, so you trade only the sessions you want (Sydney / Tokyo / London / New York).
- Weekend shield, which closes trades before the weekend to avoid gap risk.
- Spread & slippage filter as well, next to a clean on-chart dashboard.
Two Markets, One Engine
Raw materials and US shares rarely move together, yet Forgemaster reads both with the same rules. Because momentum behaves alike everywhere, nothing changes from one symbol to the next. Select Forex pairs join the rotation too, so the account never depends on a single market. Meanwhile risk sits on the trade rather than on the symbol, which keeps drawdown capped on each chart. Similarly, the exit rules stay identical from one chart to the next.
Consequently a $200 balance can already cover several instruments. Of course a larger balance with fewer charts works just as well. Ultimately you decide how wide the rotation goes, since the sizing input is the only lever that matters. Besides, the daily profit lock still governs the whole day.
Recommended Setup
- Markets: US stocks, commodities and select Forex too.
- Timeframe: M1
- Account: ECN / Raw Spread (low spread), from $200
- VPS: recommended, since it keeps trading uninterrupted 24/5.
Trading Several Pairs at Once
You do not need multiple accounts, so one funded balance is enough. Instead, attach the robot to several charts and switch Position Sizing to a fixed lot (for example 0.01 per pair). That way each pair keeps a controlled size, while the profits from all of them add up together in the same account. For maximum compounding on a single instrument, rather, run one pair per account in risk-percent mode. Still, do not use risk-percent with many pairs on the same account, since each chart would size on the full balance. Finally, the dashboard on every chart shows what that symbol is doing.
Installing the Commodities EA for MT5
- After purchase, download the ZIP from your account and unzip it.
- Open your terminal, choose File -> Open Data Folder, then copy the Forgemaster EA folder into the Experts folder of the MetaTrader data folder.
- Next, restart the terminal, or right-click the Navigator and choose Refresh.
- Finally, drag Forgemaster EA onto a M1 chart, tick Allow Algo Trading, pick your risk in Inputs, and click OK.
Risk warning: Trading forex, CFDs, stocks and crypto involves a high level of risk and may not be suitable for all investors. Past performance does not guarantee future results. Live conditions may differ from historical data. Always try it on a demo account first and never risk money you cannot afford to lose.
One-time purchase, lifetime free updates • Support: Telegram @Temonba
So if you trade on MetaTrader 4, then get Forgemaster for MT4. Besides that, you can browse all our Expert Advisors.
