MomentumShield1.10

EALegit summary — unaudited listing

MomentumShield is a fully automated MetaTrader expert advisor that combines True Strength Index and Volume Weighted Average Price signals for entries. Its core feature is a two-stage recovery mechanic: when a trade moves against the position and reaches the midpoint toward its stop loss, a pending order placed at that fifty-percent retracement level is activated as a second trade, while the original trade's stop is tightened to a small fractional loss. Risk management includes an initial one-to-one risk-to-reward setup, a configurable daily equity protection module that closes all positions and halts trading once a maximum daily loss percentage is reached, a session-time filter, fixed or percentage-based position sizing, and an optional mode that keeps stop loss and take profit levels hidden from the broker. The seller states it is adaptable to different symbols and timeframes, with all parameters customizable.