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Relief Wave

FREE

Published: 17 June 2026

Current version: 1.15

Relief Wave

Experts
Morito Chinen
Morito Chinen
Japan

632
BB Quant Lab

Algorithmic trading research and EA development focused on quantitative systems for MetaTrader 5.

Developer of Relief Wave XAUUSD.
Version: 1.15
Updated: 19 June 2026

⚠ This EA is designed exclusively for XAUUSD (Gold).

Using other symbols or currency pairs is not recommended.

Relief Wave MT5 is an automated trading system developed for MetaTrader 5.

The strategy is based on quantitative analysis of Bollinger Band price deviations and executes trades according to predefined statistical rules. It incorporates the proprietary BB Quant Lab concept, focusing on identifying favorable market conditions with a measurable edge.

Key Features:

• Fully automated trading
• Designed exclusively for XAUUSD (Gold)
• Compatible with MetaTrader 5
• Powered by BB Quant Lab logic
• Three built-in entry modes
• Long-term backtest validation
• Risk management focused
• Optimized for stable performance

Entry Modes:

• Aggressive Mode
Designed for traders seeking higher trading frequency and increased market exposure.

• Balanced Mode
Recommended setting that balances profitability, trade frequency, and risk control.

• Selective Mode
Applies stricter entry conditions to focus on higher-probability setups and lower drawdown.

Relief Wave MT5 provides flexibility by allowing traders to choose the entry style that best matches their risk tolerance and trading objectives.

For transparency, both backtest results and forward test results are provided.

Important:

Relief Wave MT5 is currently available free of charge.

The product may transition to a paid version in the future as development continues, new features are introduced, and additional live trading records are accumulated.

more...

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Relief Wave

Morito Chinen