ElliotWavesBot

Description:
The ElliotWavesBot is designed for automated trading based on the Elliott Wave strategy combined with the classic Stochastic oscillator. This approach allows the EA to identify key entry and exit points, taking into account both the global market structure and local overbought/oversold zones.

The EA does not use grid trading, martingale, or averaging, which significantly reduces the risk of sharp drawdowns. Its logic is built on detecting potential impulsive and corrective waves, filtering signals through Stochastic readings, and managing trades with protective stop-loss and take-profit levels.

Key Features:

  • Elliott Wave Theory trading with automatic structure detection.

  • Signal filtering using the Stochastic oscillator.

  • No grid, martingale, or averaging — trades only on valid signals.

  • Flexible risk management settings: stop-loss, take-profit, trailing stop.

  • Suitable for any instruments and timeframes (recommended H1 and above).

  • Can work in fully automated or semi-automated mode.

Who Is It For:
For traders who value the strategic logic of Elliott Waves and the reliability of proven indicators, as well as those who prefer a conservative approach without aggressive averaging methods.


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Bogdan Ion Puscasu
4.77 (128)
Experts
Quantum Bitcoin EA : There is no such thing as impossible, it's only a matter of figuring out how to do it! Step into the future of Bitcoin trading with Quantum Bitcoin EA , the latest masterpiece from one of the top MQL5 sellers. Designed for traders who demand performance, precision, and stability, Quantum Bitcoin redefines what's possible in the volatile world of cryptocurrency. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup i
Chiroptera
Rob Josephus Maria Janssen
4.57 (46)
Experts
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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EA Colibri
Ildar Valiullin
3.57 (14)
Experts
Fully automatic scalper EA. Trades are opened based on two indicators. The news filter is built-in. It is recommended to perform optimization for your broker and account type. Optimize only the settings of the indicator. Minimum deposit is 1000 USD or cents per 0.01 lot per 1 pair. It works around the clock, VPS is recommended. Recommended timeframe is H1. A live monitoring of the Colibri can be found here: https://www.mql5.com/en/users/ildarvin/seller Settings Lots - initial lot Fix lot on/off
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