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Dax MW Pattern Trader

179 USD

Demo downloaded: 6

Published: 10 February 2026

Current version: 5.2

Dax MW Pattern Trader

Experts
Abdelkarim Elbouhali
Abdelkarim Elbouhali
Netherlands

1397
Version: 5.2
Activations: 10

Automated M-Wave and W-Wave Pattern Recognition Trading for DAX (German Index)

MW Pattern Pro is a high-precision automated trading system for MetaTrader 4 that identifies and trades high-probability harmonic-style "M" and "W" patterns. Unlike standard indicators, this EA combines geometric price action with strict risk management controls, including daily drawdown protection and monthly profit targets.

Key Features:

Smart Pattern Detection: Automatically identifies "M" (Bearish) and "W" (Bullish) formations based on customizable leg lengths.
Daily Protection: Built-in "Daily Loss" circuit breaker to protect your capital from market volatility.
Profit Goal Automation: Set daily and monthly percentage targets; the EA will automatically close trades and pause once your goal is reached.
Institutional Time Filter: Trade only during high-liquidity hours (e.g., London or New York sessions) to avoid "fake-out" movements.
Opposite Signal Exit: Option to close existing trades if a counter-pattern emerges, maximizing profit retention.

Input Parameters Explained

1. Core Trading Settings

TradeMode: Choose your direction.

Both: Trades both M and W patterns.
BuyOnly: Only trades Bullish "W" patterns.
SellOnly: Only trades Bearish "M" patterns.

LotSize: The fixed volume for every trade (e.g., 0.10).
MagicNumber: A unique ID for the EA to manage its own trades without interfering with other EAs or manual trades.
CloseByOpposite: If true, the EA will close a Buy trade immediately if a Sell signal (M-Pattern) appears, and vice-versa.

2. Pattern Recognition (The Strategy)

Min_XA_Bars / Min_AB_Bars / Min_BC_Bars: These define the "geometry" of the pattern. They set the minimum number of candles required for each "leg" of the M or W. Higher numbers result in fewer but more reliable signals.
Lookback: How many candles the EA scans in history to find a pattern.
TP_Ratio: Your Take Profit multiplier. If the risk is 20 pips and ratio is 1.5, the TP will be 30 pips.

3. Risk & Account Management (The Safety)

DailyLoss (%): The maximum percentage of your account you are willing to lose in a single day. If reached, all trades close and the EA stops until the next day. (0 = Disabled).
DailyProfit (%): Your daily "Target." Once the account grows by this percentage, the EA secures the profit and stops for the day. (0 = Disabled).
Use_Month_Profit: Toggle the monthly target feature on or off.
Month_Profit_Perc: The percentage goal for the entire month. Great for consistent "Prop Firm" style trading.

4. Time Filter

StartHour: The hour the EA should begin looking for trades (e.g., 9 for the London Open).
EndHour: The hour the EA should stop looking for new trades (e.g., 18). It will still manage existing trades after this hour.

Technical Specifications

Platform: MetaTrader 4 (MT4)
Timeframe: Recommended M5
Setup: Simply drag onto a chart, adjust your risk %, and let the algorithm work.

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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool

399 USD

MultiAsset SuperTrend Trader Pro: The Ultimate Trend-Following Engine for MetaTrader 4 Dominate the Markets with Precision, Diversification, and Automation Are you ready to move beyond single-strategy automation? Are you looking for a trading strategy that combines the power of trend following with the safety of portfolio diversification? The MultiAsset SuperTrend Trader Pro is not just another Expert Advisor; it is a sophisticated trading ecosystem designed to overcome the limitations of the s

499 USD

Overview Many proprietary trading firms enforce strict rules on daily drawdown limits. This Expert Advisor (EA) is specifically designed to help traders comply with such requirements by actively monitoring daily drawdown and profit levels. It automatically manages open positions to ensure adherence to prop firm criteria, enhancing risk control and account longevity. Key Features Daily Performance Monitoring: The EA continuously calculates and displays the current day's drawdown directly on you

1. Indicator Purpose and Inputs Overview The Linear Regression Forecaster is an advanced analytical indicator designed to perform comprehensive trend evaluation and short-term price forecasting using the Linear Regression (LR) statistical method. It is optimized for the Weekly (W1) timeframe and combines both long-term trend analysis and short-term rolling trend dynamics to generate reliable weekly forecasts. The indicator operates using two distinct timeframes : Long-Term Period (e.g., 52 weeks

Interactive Gann Drawer of Square 9 (Temporary free download for the 1st 20 users) This Expert Advisor (EA) turns Gann’s Square of 9 method into a dynamic and interactive trading tool . It automatically calculates and draws key amazing accurate support and resistance levels on your chart all based on a point in history that you choose by just clicking on the chart. If you just want to see it drawing and analyzing and open you trades yourself use this version. But if you want the same tool that

Gann My DAX EA – Precision Trading Based on GANN Price Action Gann My DAX EA is a fully automated Expert Advisor developed specifically for trading the DAX Index (DE40) , leveraging price action strategies inspired by the principles of GANN analysis. This EA is optimized out-of-the-box for the DAX and is engineered for high performance under both backtest and live market conditions. A fully tuned .set file for the DAX is included, providing traders with a plug-and-play solution for instant deplo

499 USD

GANN Forecaster – Precision Tool for Forex Traders (MT4) Unleash the power of Gann analysis in your trading with this advanced, interactive indicator built specifically for MetaTrader 4. Whether you're trading Forex, Gold, Indices, or Crypto, this tool gives you a professional edge with accurate price and time projections. Key Features GANN Projections with live Drag Reference Point automatically enables either "Up" or "Down" Gann projections based on whether the price is above or below the M

30 USD

GANN Forecaster – Precision Tool for Forex Traders (MT4) Elevate your trading with the Gann Forecaster Scanner for MetaTrader 4. This powerful, interactive tool provides precise price and time projections, giving you a professional edge across Forex, Gold, Indices, and Crypto markets. Building on the robust functionality of the Gann Forecaster indicator, this advanced scanner offers multi-pair analysis, continuously calculating Gann levels and alerting you to optimal trade entry points. A clea

69 USD

499 USD

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