Elliot Wave Hybrid

EW Hybrid EA v1.0

Elliott Wave Hybrid is a precision trading Expert Advisor for MetaTrader 5 built around a multi-confluence reversal strategy. It identifies completed Elliott Wave 5-wave impulse patterns followed by ABC corrections, entering trades only when the C wave reaches a key structural level confirmed by three independent signals simultaneously.

Entry Logic Trades trigger exclusively when all conditions align on the same bar — the Elliott Wave C wave reaches a Support or Resistance zone, the Bollinger Band (50) is at or crossing that level, and RSI confirms an overbought or oversold condition. No single indicator trades alone.

Risk Management Five configurable risk modes — Fixed Lot, % Balance, % Equity, Fixed USD, and EW Adaptive. Stop Loss is placed beyond the structural S/R level with an ATR buffer. Take Profit is set at a defined Risk:Reward ratio. Trailing stop and break-even move automatically as the trade develops.

Features

  • Elliott Wave impulse and ABC correction detection with live chart labels
  • Dynamic Support and Resistance zones updated every bar
  • Professional dark chart theme with blue/white candle scheme
  • Full-detail dashboard — account, performance, market conditions, EW phase, signal checklist
  • News filter, MACD divergence filter, journal logging
  • Works on any symbol and any timeframe

Designed for traders who want structure, confluence and discipline in every trade.


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MQL TOOLS SL
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