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ForexWave

5

ForexWave


The ForexWave EA is built to trade in one or both directions of the market, you need to have an MT4 account with a broker that allows hedging.

It can be run on several pairs at the same time and it is fully customizable.

This robot is mainly designed to scalp and perform a grid strategy. It will open additional buys or sells when orders are going in the wrong direction.

When opening one or multiple grid orders the expert advisor will automatically calculate the breakeven point and you can set the take profit from this point.

There are 3 different trading types and you can also set specific trading hours.

For additional information you can contact me through MQL5


Recommendations

  • There is no minimum account size to use this expert advisor but I recommend at least 100$ although depending on the settings it can be considered as high risk.
  • It is always recommended to have low spreads in Forex for best results.
  • A period of testing should be conducted to optimize all parameters as they would be different for each currency pairs.
  • Choose in which trading session you want the ForexWave to operate or you can leave it running on all trading sessions.


Trading types

  • There are 3 trading types which you can select to run the EA.
  • Let it roll : This technique will continue trading even when the Initial TP, the SL or the Grid Order TP is reached.
  • Stop trading day (Grid TP/SL) : When you set a specific trading time, if the Grid Order TP or the SL is reached, the EA will close all orders and resume trading only on the next day.
  • Close all and restart : If the buy or the sell reaches the Grid Order TP or the SL, the EA will close all open orders but it will reopen a buy and a sell with the initial lot size.


    Parameters

    • TradingType : Let it roll / Stop trading day (Grid TP/SL) / Close all and restart
    • Initial Trade Base : Originally set to BUY & SELL
    • Initial Lot : Desired initial lot size
    • Lot Multiplier : Set the multiplier for subsequent orders
    • Grid Step : Step in pips to open grid orders
    • Hidden Exit : The take profit is hidden to the broker when set to true
    • Initial TP : Desired take profit in pips
    • SL : Desired stop loss in pips from the initial order (note that this setting will close all open orders in that direction, initial + grid)
    • Grid Order TP : Desired take profit in pips from the averaging point of the initial and grid orders in the same direction
    • Magic Number : Set a different magic number for each pair used
    • Slippage : Set maximum slippage
    • Max Trades Buy : Set the maximum of buy orders to open from the grid system
    • Max Trades Sell : Set the maximum of sell orders to open from the grid system
    • Comments : EA comments
    • (-) : Profit Trade Base On Account Currency
    • Amount Of Total Profit Both Side : Set at 0.0
    • Filter Trading Time : Enable if you want the expert advisor to trade only between a specific period of time
    • Time Start : The start time of the expert advisor
    • Time End : The end time of the expert advisor
    • Close Order On Time End : When set to true all orders will be closed at the end time
    • Filter_MaxSpread : Set to false
    • Max_Spread : Default 5.0


      İncelemeler 1
      PIPS WIZARDS
      24
      PIPS WIZARDS 2020.06.05 17:19 
       

      Purchased ForexWave roughly a week ago, currently in profits with the bot which is running on Eurusd. Mr Beaudoin is very helpful and responds fairly quickly when I have any questions! Thank you for your product

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      Alexander Buseinus
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      Dear Traders, I am very pleased to introduce our latest project to you. EA BitBull . Real cryptocurrency trading has now become a reality! Signals: Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price will steadily increase to limit sales. Next price is   690 USD . With the help of our esteemed partners from all over the world, we have succeeded in developing an innovative crypto strategy. This strategy seam
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      Canlı Sinyal-1: Buraya tıklayın MT5 Sürümü: Buraya tıklayın Quantum Algo EA'yı ücretsiz alın (2 işlem hesabı için) -> satın aldıktan sonra benimle iletişime geçin Nasdaq Algo Trading'e hoş geldiniz Bu EA (Uzman Danışman), 13 yılı aşkın programlama ve ticaret deneyimine sahip bir ekip tarafından oluşturulmuş ve tasarlanmıştır. EA, uzun vadeli ve istikrarlı kâr sağlayabilen bir sistem geliştirmeye odaklanır. Risk içermeyen stratejiler kullanır ve Martingale, Grid ve Hedging yöntemlerini, ay
      # Neon Trade MT4 Bizim Telegram topluluğu Size Neon Trade'ı sunuyoruz - para piyasalarında algoritma ticaretinde benzersiz bir yenilik, ileri seviye makine öğrenme yöntemlerini kullanan.  Danışmanımız tamamen özerk ve herhangi bir grafik ve zaman dilimine kurulumdan sonra çalışmaya hazır. İşlem prensibi - grafikte asılı kaldı ve unuttu. Yapmanız gereken tek şey API'ıma " https://xmpp.madsysadm.ru " terminal ayarlarına erişim izni vermek ve DYNAMIC modunu etkinleştirmektir. Gerisini danışman ken
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      ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
      Bu fiyata sadece 2 fotokopi makinesi kaldı, bir sonraki fiyat $1533 Canlı sonuçları buradan kontrol edebilirsiniz: $50K Kişisel sinyal:   [Buraya Tıklayın] Prop firması canlı sinyal:   [Buraya Tıklayın] MT5 versiyonu burada:   [Buraya Tıklayın] Quantum Algo Trading MT4   EA'ya hoş geldiniz. Bu EA, sadece mekanik bir sistemden daha fazlası olacak şekilde tasarlandı; ticaret ve programlama alanında 13 yıldan fazla deneyime sahip biri tarafından optimize edilmiş bir algoritma ile kırılma sis
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      PIPS WIZARDS
      24
      PIPS WIZARDS 2020.06.05 17:19 
       

      Purchased ForexWave roughly a week ago, currently in profits with the bot which is running on Eurusd. Mr Beaudoin is very helpful and responds fairly quickly when I have any questions! Thank you for your product

      İncelemeye yanıt
      Sürüm 1.1 2020.05.28
      Updated default settings