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WaveX MT4

100 USD

Demo downloaded: 7

Published: 22 April 2025

Current version: 2.0

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WaveX MT4

Experts
Sergei Ivanov
Version: 2.0
Activations: 5

Wavex is an automated trading advisor for MetaTrader 4 that automatically opens Buy and Sell trades, sets profit targets and manages volumes.

🔧 Key features:

Automatic transactions :
Opens buys and sells when the buy grid price is below, for sell grid above the maximum opening price in the direction.
Smart Profit :
Sets take profit (TP) based on the average price of your trades (VWAP), adding a specified distance (e.g. 50 pips).
Flexible settings :
Choose how often to trade, what time frame and what volume to use.
Clear visualization :
Profit target lines (turquoise for buys, red for sells) show where trades will close.
Information on screen :
Shows the number of transactions, their volume and statistics for the day, yesterday and the last hour.

📈 How it works:

The advisor waits for the right moment (a new bar on the selected timeframe, for example, every minute on M1).
Checks whether a buy or sell position can be opened by comparing the current price with previous trades.
Opens a trade with a small volume, which increases with each new trade by a certain percentage (for example 1.05 - 5%).
Calculates the average price of open trades (VWAP) and sets take profit:
- For purchases: VWAP + specified number of points.
- For sales: VWAP - a specified number of points.
Updates take profit lines on the chart and shows statistics in the corner of the screen.

✅ Recommendations for use:

Suitable for traders who want to automate trading with minimal effort.
Use on a cent account with a deposit of $5000 or more for a safe start.
Select EURUSD timeframe M1 for active trading.
Start with a volume of 0.01 lot and a take profit of 50 points .
Include trading in both directions (buying and selling) for a balanced strategy.

⚙️ Technical details:

Platform : MetaTrader 4 (MQL4)
Type : Automatic trading advisor
Input parameters :
- startVolume : Initial volume (default 0.01)
- stepTp : Distance to take profit in points (default 50)
Version : 1.52
© Sergey Ivanov, 2025

⚠️ Limitations:

Open positions are required to display take profit lines.
Works only on one symbol (tool) to which it is attached.
The averaging strategy can be risky during strong trends - test it on a demo account .

📬 For feedback, PARTNER PROGRAM and detailed information : Facebook

Wavex is your reliable assistant for automated trading, simplifying the process and giving you a clear picture of your trades

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