Bodhi EW EA Community Version

BODHI Elliott Wave EA — Free Edition

Automatic Elliott Wave trading robot for MetaTrader 5

This EA BODHI Elliott Wave EA is only free for the next two months; after August 31, 2026, it will sell for $499 and will increase by $10 for every 10 licenses sold.

 Follow us & Support Chanel https://t.me/tradewithme179

No manual analysis. No complex setup. Rule-validated Wave 3 and Wave 5 entries — free, forever.

 

Overview

BODHI Elliott Wave EA Free is a fully automated Expert Advisor that detects Elliott Wave setups in real time and places trades on any symbol or timeframe — no indicator subscriptions, no external dependencies, no license restrictions.

 

The EA identifies two high-probability entry points: the end of Wave 2 (entry into Wave 3, the strongest and most extended wave) and the end of Wave 4 (entry into Wave 5). Each entry requires a Fibonacci retracement into the validated zone plus a reversal candle confirmation — meaning the EA only acts on clean, rule-compliant setups.

 

How It Works

·         Step 1 — Pivot Detection: A native ZigZag algorithm identifies swing highs and lows directly from price data. No external indicator file required.

·         Step 2 — Wave Structure Validation: The EA checks alternation, Fibonacci ratios, and Elliott Wave rules (Wave 3 not shortest, Wave 4 no-overlap). Invalid structures are silently skipped.

·         Step 3 — Fibonacci Zone Check: Current price is tested against the Wave 2 zone (50–68% retrace) or Wave 4 zone (38.2–61.8% retrace).

·         Step 4 — Reversal Candle Gate: A bullish/bearish pin bar, engulfing candle, or directional close must appear on the last closed bar before entry is taken.

·         Step 5 — Trade Execution: Risk is fixed at 0.1% of equity. SL = 1.5 × ATR from entry. TP = projected Elliott target or minimum R:R × SL distance, whichever is further.

 

What's Included (Free Edition)

·         Wave 2 → 3 entry: Enter at the end of Wave 2. Wave 3 is typically 1.618× Wave 1 — the most powerful move in any impulse.

·         Wave 4 → 5 entry: Enter at the end of Wave 4. Clean Fibonacci retracement (38.2–61.8%) with reversal candle required.

·         Native ZigZag: Pure MQL5 swing detection — zero external files, zero setup.

·         ATR-based SL: Stop loss placed 1.5 × ATR from entry. Adapts to current volatility.

·         Minimum R:R filter: Trade is skipped if the Elliott target does not meet the configured minimum risk:reward (default 2.0:1).

·         Total drawdown guard: EA halts and closes all positions if total account drawdown reaches the configured limit (default 9%). Safe for funded account challenges.

·         Weekend auto-close: All positions closed before Friday session end.

·         Info panel: Real-time dashboard — pattern, direction, last signal, open positions, drawdown %, session status.

Popup alert: MetaTrader native alert fires on every new trade entry
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Adam Hrncir
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5 (9)
Scraper Gold MT5 – 4-Engine Breakout EA for XAUUSD Current price: $95. Future price increases will be announced in advance. Final price: $195. Live Signal 1 – P rofile  Classic : https://www.mql5.com/en/signals/2392705 Live Signal 2 – P rofile  Fixed Entry (v3.7 default, fixed lot) : https://www.mql5.com/en/signals/2396229 Scraper Gold is a fully automated breakout Expert Advisor built only for gold (XAUUSD). It does not try to predict the whole move. It waits at proven swing highs and lows
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VUJCIC INVESTMENTS COMPANY
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INSTITUTIONAL SMC ROBOT VERSION 3.0 Advanced Smart Money Concepts Trading System for MetaTrader 5 Executive Overview Institutional SMC Robot  is an automated trading solution engineered for modern financial markets. Built around elite Smart Money Concepts (SMC) architecture, the algorithm identifies and executes high-probability trades based on institutional order flow, market structure shifts, and liquidity dynamics. Unlike traditional retail indicators, Institutional SMC Robot  tracks real ins
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