Market / MetaTrader 4 / Experts /

Wave Hunter

490 USD

Demo downloaded: 3 923

Published: 27 October 2015

Current version: 2.9

Wave Hunter

4.05

Experts
Roman Sheikin
Version: 2.9
Updated: 8 March 2018
Activations: 5

Wave Hunter uses pending orders for trading. It is a scalping strategy for trading breakthroughs. The EA is based on a breakthrough of a channel formed on a specified interval.

Wave Hunter uses trailing and breakeven after reaching a few points of profit, thus cutting a possible loss.

Wave Hunter always has a fixed stop loss. At the same time, the take profit is unlimited, deals are closed based on a different principle.

Trading strategy of the Expert Advisor is the use of the regularity in the price movement, which occurs when price extremums are broken.

Features

The latest trading history is displayed on the screen in a convenient form. Spread, Balance, Number of deals and time elapsed since the last closed deal, as well as its result in $.

Standard optimized settings have been obtained as a result of testing with 99% modeling quality.

Flexible settings.

Option to close all positions and orders on Friday at the specified time.

Operational support from the developer.

Settings

LotSize – traded lot if SmartLot is disabled.
TakeProfit – profit in points, at which a deal is closed.
StopLoss – loss in points, at which a deal is closed.
TrailingStop - distance between the deal opening price and the current price, once exceeded the deal trailing starts.
TrailingStep - the minimum distance to modify the stop loss (step) relative to the current value of the stop loss.
BarsBehind – amount of past bars for setting pending orders.
Distance – the minimum distance between the price and the range distance, at which a pending order is placed.
CommentStats – show (true)/hide (false) statistics (faster backtesting when set to false).
SmartLot – automated selection of a lot for trading.
SmartLotSize – the higher the value, the higher the SmartLot parameter (and the higher the risk, recommended to set to 10-30).
Time when "Friday closing" happens – the time of the "Friday closing".
FridayClosing – select an action:

Friday close ignore – do not close orders.
Friday close all – close all orders.
Friday close market orders – close only market orders.
Friday close pending orders – close only pending orders.

Time when EA start work – the EA operation start time.
Time when EA stop work – the EA operation end time.
Close after pinbar – close orders after a Pin bar.
MaxSpread – the maximum spread value to allow trading.
Magic Number – magic number.

more...

143

Sakya Cherie 2019.09.15 15:23 #

How to set parameters two numerical values.

If I want to limit max spread = 7 pip. ( 0.00007)

How to set the parameters maxspread?

3906

Pavel Predein 2018.06.29 19:01 #

Отличная торговая стратегия за разумные деньги,стабильные результаты показывает на паре EURUSD И GBPUSD

157

Trader1614 2018.06.13 14:09 #

Excellent EA, Testing on Demo accounts looking very promising and highly recommend this EA as Roman is very patient and answering all my queries. I'm testing for other pairs

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Filter:

143

Sakya Cherie 2019.09.15 15:23 #

How to set parameters two numerical values.

If I want to limit max spread = 7 pip. ( 0.00007)

How to set the parameters maxspread?

3906

Pavel Predein 2018.06.29 19:01 #

Отличная торговая стратегия за разумные деньги,стабильные результаты показывает на паре EURUSD И GBPUSD

157

Trader1614 2018.06.13 14:09 #

Excellent EA, Testing on Demo accounts looking very promising and highly recommend this EA as Roman is very patient and answering all my queries. I'm testing for other pairs

251

Yongxin Jiang 2018.02.24 17:53 #

the new version lost money， evrybody don't buy.

1506

Morard Kevin 2017.11.11 20:59 #

J'ai beaucoup perdu avec cet EA

1079

Jesus Torres Parraga 2017.11.09 17:01 #

The EA works well, easy setup, and if you are as enamored as I am with trend strategies, you will love this wonderful EA. That's right, reoptimize every 3 months with the last 5 months, is the only way to be in profitable settings. It is not the same a configuration of the first of 2015 that now ends in 2017 that is why it is necessary to reoptimize with TDS 2 every few months.

I leave only 2 stars, since the magic number does not work, although you can put one, it really uses others assigned to it, which makes it impossible to follow up on this EA when you combine it with others, as is my case.

2716

Fallet Willy 2017.10.10 21:03 #

User didn't leave any comment to the rating

153

aci-crosser89 2017.08.11 16:04 #

Very good and Profitable EA. Love it. It Worth's every cent.

561

BambooKing 2017.08.11 06:34 #

protitable ea

548

Evgenii Golovan 2017.07.02 12:43 #

слив и только. не стоит потраченных денег!

131

yhq0372 2017.06.12 01:07 #

Hello, can you change EA so that EA can be used on XAUUSD, because XAUUSD uses break through better?

366

Ivan Shamin 2017.05.26 17:37 #

Игрушка для тестера. Автор учись программированию дальше. На этом сайте есть только один достойный советник. Бери пример с него.

545

Andrea 2017.04.14 18:33 #

Good EA, profitable on live account for EURUSD pair. I'm testing for other pairs

3597

Mikhail Paramuzov 2017.01.26 19:02 #

User didn't leave any comment to the rating

958

Vincent Visoiu 2017.01.16 15:02 #

EA is not compatible with other EA activity whereas it affects the other open EA orders. I pointed out to the vendor and he said that he will not fix this issue :( I am unable to use the EA in its current form since I cannot trade it on its separate account (I only have 1 live account on VPS). I will revise review based on vendor's willingness and ability to resolve this and other issues with the EA. I do not recommend for live use if you use it with concurrently with other EAs (for now).

Update: Vendor fixed the issue with the EAs magic numbers not affecting the other EAs that are running concurrently. Performance is decent with 80% winrate so far after 14 trades on a live account. I will update review as we move forward.

239

Matthew Winfield 2017.01.09 15:49 #

This is a good EA. I use wave hunter with more modest risk than most, the loosing trades will happen sometimes and when they do they're quite big compared to the wins, so risk setting of 30 could do big damage with more than one or two losers, it would take a long time to recover from... However there are a lot of options for good settings and with more modest risk wave hunter does seem to work well. I've been using it for a month or so and I'll update after another couple of months.

438

Md Monir Hossain 2016.12.26 06:24 #

I hope to be good, Update will soon.

Update (2-12-16)

Already has loss $30

Update (26-12-16)

My loss already has recovered and

after 3 month i will update.

2468

Preeda Boonkhun 2016.12.19 20:33 #

Best breakout ea!!!

1044

Ahmed Ibrahim 2016.12.16 08:52 #

This EA one of the best breakout EA's on the market i have been testing for 2 weeks and already get my rent back for 6 months.

Please Roman i realized that you increased the price of renting, it is your choice of course but please try not to because as one of many people can not afford high prices, so please try to help more instead of gaining more and your EA gains very well :D .. i will update after 1 month

257

Vijay shankar ganesh Kaliappan 2016.09.30 09:35 #

User didn't leave any comment to the rating