New Wave MT5

The initial order lot can be fixed or dynamically calculated, depending on the deposit balance and the risk parameter used.

To prevent opening trades at a high spread, the EA has a filter. In the settings, you can specify the maximum allowable value.

The algorithm and settings of the expert advisor for Long and Short trades are completely the same. And this means that the EA works the same, regardless of the direction of the global trend.

On all orders, the expert advisor sets the TakeProfit parameter and, if necessary, modifies it. This guarantees the closing of trades on the broker's side, if the connection between the terminal and the broker's server is not stable or slow.

Account type can be any: standard, micro, cent. There are no special requirements for the spread.

The timeframe on the terminal chart does not matter. You can set any timeframe and switch it at any time. The working timeframe of the EA is set in the settings.

The settings inside the EA for the EURUSD pair.

My recommended leverage is 1:500 (1:400). The account must support the hedging mode.



The minimum deposit is 2000 USD on standard type accounts. Recommended by me from 3000 USD.

For smaller deposit amounts, cent accounts or micro accounts should be used. In this case, the deposit can be from 30 USD.


Input parameters:

Risk - risk value. The parameter is used when calculating the dynamic trade size;
Fixed lot size - fixed lot value. If set to 0, the EA will use a dynamic lot;
Spread control - allows to enable spread filter;
Maximum spread - maximum allowable spread value;
    TakeProfit for the first order - expected profit for a single order, in pips;
    TakeProfit for all orders - expected profit value for the entire order grid, in pips;
    Maximum number of orders - maximum number of simultaneously opened orders in one direction;
    Indicator period - period of the main indicator;
    Price deviation - minimum allowable deviation of the indicator;
    Minimum distance between orders - minimum distance between placed orders, in pips;
    Work timeframe - working timeframe of the expert advisor;
    Enable additional trend filter - allows to enable the use of additional trend filter;
      Slippage - maximum allowable price slippage, in pips;
      Background color - information panel background color;
      Comment for expert advisor orders - comment on expert advisor orders;
      Magic number - unique number for EA orders (any digits);

        If you have any questions, please send me a private message. I will definitely answer you.

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        Bogdan Ion Puscasu
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        Jorge Luiz Guimaraes De Araujo Dias
        5 (4)
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        Maxim Kurochkin
        5 (5)
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        Jimmy Peter Eriksson
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        Bogdan Ion Puscasu
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        Dragoljub Vujcic
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        Stanislav Tomilov
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        Bogdan Ion Puscasu
        4.83 (507)
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        Chen Jia Qi
        4.62 (26)
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        Miguel Angel Vico Alba
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        Lo Thi Mai Loan
        5 (9)
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        Sergey Belov
        5 (1)
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        RedLine Scalper
        Sergey Belov
        5 (1)
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        Sergey Belov
        5 (1)
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        Sergey Belov
        4 (32)
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        Sergey Belov
        5 (1)
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        Sergey Belov
        5 (1)
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        Sergey Belov
        5 (1)
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        Sergey Belov
        5 (2)
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        Sergey Belov
        3.83 (6)
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        PowerMax EA
        Sergey Belov
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        New Wave EA
        Sergey Belov
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        Sergey Belov
        5 (1)
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        The Expert Advisor builds a grid of orders at prices near support or resistance levels. Entry points are calculated by the EA using the author's algorithm and based on a variety of factors. The EA uses several time ranges for analysis. The built-in trend filter allows to make more accurate entries with a greater likelihood of closing them with profit and thus reducing the number of simultaneously open orders. All orders are closed upon reaching the expected profit. Through the use of TakeProfit
        Automated Expert Advisor developed for forex trading. - Expert Advisor is suitable for all types of accounts and any type of spread. - The number of decimal places in quotes is determined automatically. - Timeframe of the chart does not matter. You can use any. Work timeframe is defined in the settings. - The EA always uses Take Profit and thus it is less sensitive to the speed of the broker. - The EA has two built-in types of trailing stop. Any of them can be used. - The EA features a spread co
        Fully automatic multicurrency expert advisor working on any type of accounts and with any type of spreads. The timeframe on the chart does not matter, you can set any. Directly working timeframe is set in the settings. The EA always sets TakeProfit and is thus less sensitive to the speed of the broker. The "deposit protection" function allows the EA to set StopLoss after the last order and thereby limit possible losses. The additional " Magnetic TP " function search the levels near the TakeProfi
        Automated multicurrency expert advisor working on any type of accounts and with any type of spreads. The Expert Advisor always sets TakeProfit and due to this, even if there are interruptions to the Internet, the orders will be closed on time and at a favorable price.  The timeframe on the chart does not matter, you can set any digits. Working timeframe is set directly in the settings of the EA. To protect the deposit and limit possible losses, the EA has two options: the ability to set StopLos
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        Fully automated expert advisor. It was developed for quick overclocking of the deposit. It has a minimum of settings, which makes it easier to set up and speed up the optimization of the EA if necessary. The same settings are used for long and short positions. Thus, the Expert Advisor works equally in both directions. All orders are set with the TakeProfit parameter. And this guarantees the closing of transactions regardless of the quality of the Internet. My recommendations: Using a levera
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