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Wayang

99 USD

Demo downloaded: 21

Published: 24 June 2023

Current version: 2.0

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Wayang

Experts
Agus Santoso
Version: 2.0
Updated: 31 July 2024
Activations: 5

MT4 Version : https://www.mql5.com/en/market/product/88605

MT5 Version : https://www.mql5.com/en/market/product/95009

Wayang is a sophisticated Expert Advisor (EA) designed for Forex trading, utilizing the currency strength method combined with a "switching" risk management strategy. The name "Wayang" is inspired by the traditional Javanese shadow puppetry, symbolizing the intricate balance and precision in the world of Forex trading.

Key Features:

Currency Strength Method:
- Wayang leverages real-time analysis of multiple currency pairs to determine the relative strength and weakness of each currency. By comparing various currencies, it identifies optimal trading opportunities where strong currencies are paired against weak ones, increasing the probability of profitable trades.
Switching Risk Management:
- The EA employs a dynamic "switching" risk management approach, adjusting risk levels based on market conditions. This method ensures optimal risk exposure by:
  - Scaling Risk: Increasing or decreasing the position size depending on the strength of trading signals and current market volatility.
  - Diversification: Switching between different currency pairs to spread risk and avoid overexposure to a single market condition.
  - Adaptive Stop-Loss and Take-Profit: Modifying stop-loss and take-profit levels in real-time to protect gains and limit losses, adapting to the ever-changing market dynamics.
Automated Trading:
- Fully automated trading system, requiring minimal manual intervention. Once set up, Wayang autonomously handles all aspects of trade execution, monitoring, and management, allowing traders to benefit from its advanced algorithms without constant oversight.
Robust Analysis and Signals:
- Utilizes advanced technical indicators and algorithms to generate high-quality trading signals. The EA continuously analyzes market data to maintain an edge in identifying profitable trading opportunities.
User-Friendly Interface:
- Designed with an intuitive interface, making it accessible for both novice and experienced traders. Easy to configure settings allow users to customize the EA according to their risk tolerance and trading preferences.
Real-Time Monitoring and Reporting:
- Provides real-time monitoring of trading activities and comprehensive reporting features. Traders can track performance metrics, review past trades, and adjust settings as necessary to optimize performance.

Benefits:

Increased Profit Potential: By leveraging currency strength analysis and adaptive risk management, Wayang maximizes profit opportunities while minimizing potential losses.
Enhanced Risk Control: The switching risk management strategy ensures a balanced approach to risk, providing a safer trading environment.
Time Efficiency: Automation reduces the need for constant market monitoring, freeing up time for traders.
Customizability: Flexible settings allow traders to tailor the EA to their specific needs and trading goals.

Wayang is an ideal solution for traders seeking a reliable, efficient, and advanced tool to enhance their Forex trading strategies through a blend of robust analysis and adaptive risk management.

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Sorry for the inconvenience Because of the rules from mql5.com , for versions with names : "FastScalperMT4" "FastScalperMT5" "Multi Pair Scalper" "Multi Pair Scalper MT5" I made the EA into one in this post. You can try the DEMO version, please download it via the blog : https://www.mql5.com/en/blogs/post/755529 For MT4 : https://www.mql5.com/en/market/product/110557 For MT5 : https://www.mql5.com/en/market/product/110558 Introducing the Cutting-Edge "FAST SCALPER" Expert Advisor : Un

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For MT 5 : https://www.mql5.com/en/market/product/98027 "Rebate Hunter" Expert Advisor Description: Introducing the "Rebate Hunter" Expert Advisor, a cutting-edge tool meticulously designed for savvy traders seeking maximum returns through strategic hedging and averaging techniques. This sophisticated algorithm operates seamlessly within the MetaTrader platform, executing transactions continuously to capitalize on market fluctuations and generate substantial profits for its users. Key F

Dynamic Support and Resistance VERSION MT4 Version | MT5 Version The "Dynamic" Expert Advisor (EA) is a cutting-edge trading tool designed for the Forex market. Unlike traditional EAs that rely on static support and resistance levels, the Dynamic EA employs a dynamic support-resistance methodology to adapt to ever-changing market conditions. This unique feature allows it to follow real-time candle movements, offering traders a more responsive and accurate trading experience. Key Featur

Please leave a 5 star rating if you like this free tool! Thank you so much :) RALLY BASE RALLY (RBR), DROP BASE RALLY (DBR), DROP BASE DROP (DBD), RALLY BASE DROP (RBD), FAIR VALUE GAP (FVG) / IMBALANCE, HIDDEN BASE Introducing the "Supply and Demand Assistant" (EA) Expert Advisor – your ultimate tool for navigating the dynamic world of financial markets with precision and confidence. This cutting-edge expert advisor is meticulously designed to empower traders with real-time insights into sup

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For MT4 : https://www.mql5.com/en/market/product/90950 "Rebate Hunter" Expert Advisor Description: Introducing the "Rebate Hunter" Expert Advisor, a cutting-edge tool meticulously designed for savvy traders seeking maximum returns through strategic hedging and averaging techniques. This sophisticated algorithm operates seamlessly within the MetaTrader platform, executing transactions continuously to capitalize on market fluctuations and generate substantial profits for its users. Key Feat

Trade Advisor : Mastering The Chart The Ultimate Expert Advisor (EA) Assistant for Professional Traders VERSION MT4 Version | MT5 Version | Blogs Trade Advisor is a sophisticated yet user-friendly Expert Advisor (EA) designed to elevate your trading strategy. By integrating powerful trading indicators and advanced money management features, Trade Advisor ensures precision and efficiency in every trade. Key Features: 1. Supply and Demand Zones: Identifies key supply and demand zon

MT4 Version : https://www.mql5.com/en/market/product/99489 MT5 Version : https://www.mql5.com/en/market/product/99490 Meet our expert advisor, "Hedging Locking EA" —a sophisticated tool designed to navigate the complexities of the financial markets with precision and efficiency. "Hedging Locking EA" employs the Hedging Locking method, a strategic approach that opens and closes positions simultaneously to manage risk and maximize returns. At its core, "Hedging Locking EA" is driven by advanc

Sorry for the inconvenience Because of the rules from mql5.com , for versions with names : "FastScalperMT4" "FastScalperMT5" "Multi Pair Scalper" "Multi Pair Scalper MT5" I made the EA into one in this post. You can try the DEMO version, please download it via the blog : https://www.mql5.com/en/blogs/post/755529 For MT4 : https://www.mql5.com/en/market/product/110557 For MT5 : https://www.mql5.com/en/market/product/110558 Introducing the Cutting-Edge "FAST SCALPER" Expert Advisor

MT4 Version : https://www.mql5.com/en/market/product/103168 MT5 Version : https://www.mql5.com/en/market/product/103169 "Pyramid EA" is an advanced trading algorithm meticulously crafted for the MetaTrader platform, designed to navigate the complexities of the financial markets with precision and discipline. At its core lies a sophisticated risk management strategy combined with a dynamic lot-sizing mechanism, allowing traders to capitalize on favorable market conditions while safeguarding ag

MT4 Version : https://www.mql5.com/en/market/product/90395 MT5 version : https://www.mql5.com/en/market/product/99545 Introducing the "No Marti No Party" Expert Advisor (EA): the epitome of aggressive trading strategies. This EA is not for the faint-hearted, as it operates on a high-risk, high-reward principle that can either lead to substantial gains or significant losses. The name says it all – Martingale strategy is at the core of this EA. It's designed to aggressively double down on lo

MT4 Version : https://www.mql5.com/en/market/product/102622 MT5 Version : https://www.mql5.com/en/market/product/102624 Introducing the "Gold Buster" EA: Next-Generation Dynamic Support-Resistance and Risk Management System The "Gold Buster" EA represents the cutting-edge of automated trading systems, leveraging the latest advancements in open position management and risk analysis technology to redefine how support and resistance levels are identified and utilized in the financial markets.

MT4 Version : https://www.mql5.com/en/market/product/90077 MT5 Version : https://www.mql5.com/en/market/product/103136 The "KingKong" Expert Advisor (EA) is a sophisticated trading algorithm designed for the Forex market, leveraging a breakout strategy that activates during periods of increased market liquidity. This EA is crafted to capitalize on significant price movements that occur when trading volume spikes, ensuring that trades are executed at optimal moments of market activity. Key F

MT4 : https://www.mql5.com/en/market/product/88159 MT5 : https://www.mql5.com/en/market/product/104672 "Volatility Switching" is an advanced Expert Advisor (EA) meticulously designed for traders seeking to optimize their positions in dynamic market environments. This EA operates on the principle of recognizing market volatility and dynamically adjusting its strategies to mitigate risk and enhance profitability. By employing the Open Position method with a keen eye on volatility and incorporat

MT4 Version : https://www.mql5.com/en/market/product/104716 MT5 Version : https://www.mql5.com/en/market/product/104718 Introducing the "Technical Master" Expert Advisor, a powerful tool designed to optimize trading decisions through the integration of sophisticated technical analysis and robust risk management strategies. This expert advisor leverages one of the built-in indicators from MetaTrader, coupled with customizable risk parameters, to enhance trading performance across various fin

For MT4 : https://www.mql5.com/en/market/product/104671 The Hedging Breakout Expert Advisor is a sophisticated trading tool designed to capitalize on market breakouts while employing robust risk management through hedging strategies. This EA is meticulously crafted to identify optimal breakout opportunities, leveraging increased market liquidity to maximize trading potential. By combining breakout logic with effective risk management through hedging, this expert advisor aims to enhance overal

MT4 Version : https://www.mql5.com/en/market/product/115362 MT5 Version : https://www.mql5.com/en/market/product/115360 "Sideways" Expert Advisor is a sophisticated automated trading system designed specifically to navigate and capitalize on sideways markets, where price movements tend to remain within a defined range for extended periods. Unlike conventional trading strategies that rely on trends, Sideways EA leverages a unique approach tailored to exploit the characteristic price behavior

MT4 Version : https://www.mql5.com/en/market/product/103400 MT5 Version : https://www.mql5.com/en/market/product/103401 The Virtual Reality Expert Advisor (EA) is a sophisticated trading tool designed to optimize margin utilization while executing positions in financial markets. Its unique strategy involves a two-step process: initiating a virtual position followed by a corresponding real position, aimed at minimizing margin requirements. Here's a breakdown of how the Virtual Reality EA op

Please leave a 5 stars rating if you like this free tool! Thank you so much :) The "Risk Management Assistant" Expert Advisor Collection is a comprehensive suite of tools designed to enhance trading strategies by effectively managing risk across various market conditions. This collection comprises three key components: averaging , switching , and hedging expert advisors, each offering distinct advantages tailored to different trading scenarios. This EA is a development of standard r

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TRADE COPIER - INVESTOR PASSWORD - COPY TRADE - MT4 x MT5 CROSS PLATFORM Note: You need both "Mirror Copier Master" on the master account that will be followed by the client account and "Mirror Copier Client" on the client account that will follow the master account Blogs : https://www.mql5.com/en/blogs/post/756897 HOW IT WORKS : https://www.youtube.com/watch?v=V7FNpuzrg5M MT4 Version Master : https://www.mql5.com/en/market/product/114774 Client: https://www.mql5.com/en/market/product/1148

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Please leave a 5 stars rating if you like this free tool! Thank you so much :) The "Risk Management Assistant" Expert Advisor Collection is a comprehensive suite of tools designed to enhance trading strategies by effectively managing risk across various market conditions. This collection comprises three key components: averaging , switching , and hedging expert advisors, each offering distinct advantages tailored to different trading scenarios. This EA is a development of standard r

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Please leave a 5 stars rating if you like this free tool! Thank you so much :) The "Risk Management Assistant" Expert Advisor Collection is a comprehensive suite of tools designed to enhance trading strategies by effectively managing risk across various market conditions. This collection comprises three key components: averaging , switching , and hedging expert advisors, each offering distinct advantages tailored to different trading scenarios. This EA is a development of standard r

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Please leave a 5 stars rating if you like this free tool! Thank you so much :) The "Risk Management Assistant" Expert Advisor Collection is a comprehensive suite of tools designed to enhance trading strategies by effectively managing risk across various market conditions. This collection comprises three key components: averaging , switching , and hedging expert advisors, each offering distinct advantages tailored to different trading scenarios. This EA is a development of standard r

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MT4 Version : https://www.mql5.com/en/market/product/90091 MT5 Version : https://www.mql5.com/en/market/product/93707 The "Multi Pair Currency Strength Meter" Expert Advisor (EA) is an advanced trading tool designed for forex traders looking to optimize their trading strategies through comprehensive market analysis and robust risk management techniques. This EA leverages the currency strength method, providing a clear indication of the relative strength and weakness of different currency pai

Please leave a 5 stars rating if you like this free tool! Thank you so much :) The "Risk Management Assistant" Expert Advisor Collection is a comprehensive suite of tools designed to enhance trading strategies by effectively managing risk across various market conditions. This collection comprises three key components: averaging , switching , and hedging expert advisors, each offering distinct advantages tailored to different trading scenarios. This EA is a development of standard r

FREE

Please leave a 5 stars rating if you like this free tool! Thank you so much :) The "Risk Management Assistant" Expert Advisor Collection is a comprehensive suite of tools designed to enhance trading strategies by effectively managing risk across various market conditions. This collection comprises three key components: averaging , switching , and hedging expert advisors, each offering distinct advantages tailored to different trading scenarios. This EA is a development of standard r

FREE

TRADE COPIER - INVESTOR PASSWORD - COPY TRADE - MT4 x MT5 CROSS PLATFORM Note: You need both "Mirror Copier Master" on the master account that will be followed by the client account and "Mirror Copier Client" on the client account that will follow the master account Blogs : https://www.mql5.com/en/blogs/post/756897 HOW IT WORKS : https://www.youtube.com/watch?v=V7FNpuzrg5M MT4 Version Master : https://www.mql5.com/en/market/product/114774 Client: https://www.mql5.com/en/market/produc

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MT4 Version : https://www.mql5.com/en/market/product/79803 MT5 Version : https://www.mql5.com/en/market/product/107840 The "Grandmaster" Expert Advisor (EA) is a sophisticated automated trading system designed specifically for index trading. This EA employs a strategic approach to open and manage trading positions based on a combination of advanced signal analysis and robust risk management techniques. Here's a detailed description: "Grandmaster" Expert Advisor for Index Trading Signal-Based

MT4 Version : https://www.mql5.com/en/market/product/86275 MT5 Version : https://www.mql5.com/en/market/product/94339 The "Liquidity Side" Expert Advisor is a sophisticated tool designed for traders in the forex or stock markets who seek to capitalize on liquidity areas. It employs a methodical approach to identify and exploit zones where significant orders are clustered, potentially indicating strong liquidity and market interest. At its core, the advisor utilizes a proprietary algorithm to

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Version 2.0 2024.07.31

v 2.0 - added multi pair and "switching" risk management

Version 1.2 2023.11.24

v 1.2 - changed the virtual calculation method

Version 1.1 2023.11.20

v 1.1
- added virtual OP
- added close all positions by time