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Amont us EA uses the Trend Wave indicator and can determine the beginning and end of a new wave trend movement. As an oscillator, the indicator defines overbought and oversold zones. It works great to catch short-term price reversals and uses a martingale strategy to close all trades for a profit.

Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/1956

Developer price99USD FREE for you
TerminalMT4
Currency pairGBPUSD , XAUUSD, NZDCAD, AUDCAD, EURUSD, EURCAD, AUDUSD, GBPNZD
TimeframeM15
Money managementAt least 500 currency units for every pair
Recommended brokersRoboForex, IC Markets, ALPARI
For advisor recommended to use VPS 24/5Zomro (most affordable Windows server only $ 2.75 per month)

Backtesting:

I did not conduct backtesting, there are monitorings of live trading, you can find more details below

Link to monitoring – http://bit.ly/3WNK0Sk

Settings:

Parameters:

  • Max Buys – the maximum number of buy orders that the Trading Advisor can open.
  • Max Sells – the maximum number of sell orders that the Trading Advisor can open.
  • Comment – comment on orders. 
  • Lot – the starting lot. 
  • Use dinamic lot – use a dynamic lot. 
  • Martin – the coefficient of increasing the lot. 
  • Grid distance – the distance between orders.
  • Maxlot – the maximum lot.Take Profit – take profit.
  • Stop Loss points – stop loss in points. 
  • Stop loss % – stop loss as a percentage of the deposit.
  • Overlap-enables the algorithm for reducing the drawdown in which the last profitable and the first unprofitable order is closed.
  • Overlap after X trade – from which order the drawdown reduction algorithm will be enabled.
  • Maperiod – Ma using at Rainbow indicator for enter.
  • Next, the parameters for drawing graphics.

Conclusion:

The adviser has a lot of good reviews on the market where it is sold, in the default settings the adviser uses the martingale system, but this can be easily disabled by setting the value so that it trades only one order, you can protect the transaction by SL as a percentage of the deposit or set a fixed value in pips , set take profit and set the trading time of the adviser, in general, there are many useful and understandable settings, I recommend checking the adviser first on a demo account or on a cent account in order to understand how it works.

IT IS IMPORTANT!!! THIS ADVISOR WORKS AND HAS BEEN TESTED WITH BUILDING 1355 AND LIBRARY VERSION FILE msimg32 v1.0.0.3-838

For the advisor to work, you need to install the library DLL in the root folder of the terminal, please read the instructions, the installation of this advisor may differ from the standard installation – https://fx-vip.pro/libraries-mt4/

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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