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  • Reviews (5)
  • Comments (14)
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Amber Waves MT5

3.6


Default Settings Optimized for USDJPY For accurate results, choose real tick data when backtesting. To use the EA for other currency pairs or backtest on different pairs, contact the developer or download the appropriate set files.


Amber Waves Scalper Candle Pattern EA is an automated trading system designed for the MetaTrader 5 platform that combines advanced trading features with the power to evoke a range of emotions in traders. This robot is optimized for current market conditions and has the possibility of further optimization. It is not sensitive to timeframes and can be run for all currency pairs, making it ideal for traders who prefer to use low spreads

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Key Features

  1. Candlestick Pattern Recognition: Experience the thrill of discovering potential trading opportunities as the EA identifies various candlestick patterns.
  2. No Martingale or Grid Strategies: Rest assured with the EA's avoidance of risky strategies like Martingale or grid trading, ensuring a more stable and consistent performance.                                
  3. Applicable to Any Timeframe: Adapt to any trading style and experience the anticipation of outcomes with the EA's versatility across various timeframes


  • Recommended deposit for each Pair Minimum 70 $

Recommended currency pairs :

Pair
 TF
GBPUSD   ALL
EURUSD   ALL
USDJPY   ALL
AUDUSD   ALL



 



Reviews 5
BrunoRapoza030590
30
BrunoRapoza030590 2024.06.13 15:04 
 

Very good and reliable EA! The TP are beautiful! Super attentive seller, answered all my doubts!

Liyuan Liew
50
Liyuan Liew 2023.07.19 16:35 
 

I've recently purchased the MT5 version of the Amber Waves EA. Developer is very helpful and will respond to my queries. So far backtests and demo account are all positive. Looking forward to trade live if everything goes well.

BastianTrade
569
BastianTrade 2023.07.18 21:21 
 

I've recently tested both the MT4 and MT5 versions of the Amber Waves EA, conducting backtests and a two-week demo account run. The expert has demonstrated an amazing performance so far and i am quite impressed. I eagerly activated Amber Waves on a real money account and will keep you updated on results. I think that i prefer MT5 version which is running a bit more stable.

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BrunoRapoza030590
30
BrunoRapoza030590 2024.06.13 15:04 
 

Very good and reliable EA! The TP are beautiful! Super attentive seller, answered all my doubts!

mauji
19
mauji 2023.09.25 06:51 
 

HIGHLY BAD EA WASTE OF MONEY DID NOT TAKE A SINGLE TRADE in 2 days 3rd day running do not buy its looks like a scam ea

Berwyn Riveral
1537
Berwyn Riveral 2023.08.26 00:33 
 

Update: March 1, 2024 - EA no longer is profitable.

Had initial issues running the MT5 version of the EA on demo but got sorted after a fresh install of MT5 terminal. Traded on Live account this week and so far the trades were similar to the back test and had put some gains already. I like this EA it has reasonable Risk/Reward ratio. The loses on the back test are reasonable and can be regained in the next few trades. One thing that can be improved though is maybe putting a hard SL and TP on the opening of the trade for safety purposes. But so far it has not affected the performance because I think the EA has a logic to close losing trades before the drawdown gets too big. Please continue to develop this EA and maybe optimize for more pairs.

Saeid Soleimani
3208
Reply from developer Saeid Soleimani 2023.08.26 12:51
Thank you for sharing your review of the "Amber Waves MT5" EA on MQL5.com. It's great to hear that you resolved initial issues by reinstalling the MT5 terminal and have experienced gains with a reasonable risk/reward ratio. Your suggestion to add hard stop loss and take profit levels for safety is valid, but it seems the EA already has logic to close losing trades before large drawdowns. Your desire for continued development and optimization for more pairs is noted, and we hope the EA continues to perform well for you.
Liyuan Liew
50
Liyuan Liew 2023.07.19 16:35 
 

I've recently purchased the MT5 version of the Amber Waves EA. Developer is very helpful and will respond to my queries. So far backtests and demo account are all positive. Looking forward to trade live if everything goes well.

Saeid Soleimani
3208
Reply from developer Saeid Soleimani 2023.07.26 17:17
Thank you Please feel free to keep me updated on your results, and don't hesitate to reach out if you have any questions or need assistance. I'm always here to help and support you in your trading journey.
Best regards,
Saeid Soleimani
BastianTrade
569
BastianTrade 2023.07.18 21:21 
 

I've recently tested both the MT4 and MT5 versions of the Amber Waves EA, conducting backtests and a two-week demo account run. The expert has demonstrated an amazing performance so far and i am quite impressed. I eagerly activated Amber Waves on a real money account and will keep you updated on results. I think that i prefer MT5 version which is running a bit more stable.

Saeid Soleimani
3208
Reply from developer Saeid Soleimani 2023.07.19 08:42
Dear Trader,
Thank you for sharing your positive experience with both the MT4 and MT5 versions of Amber Waves EA. I'm thrilled to hear that the expert advisor has demonstrated impressive performance during your backtests and demo account run.
It's great to know that you prefer the MT5 version, which offers more flexibility and a higher capacity compared to MT4
. Your feedback is valuable, and I appreciate your decision to activate Amber Waves on a real money account. I'm confident that the EA will continue to perform well in live trading conditions.
Please feel free to keep me updated on your results, and don't hesitate to reach out if you have any questions or need assistance. I'm always here to help and support you in your trading journey.
Best regards,
Saeid Soleimani
Reply to review
Version 3.0 2023.09.01
+ HARD TP SL ADDDED
+ BREAKEVEN ADDED
+ SMART TRAILING
...
Version 2.0 2023.08.13
+ Fix bugs