New Wave EA

The automated expert advisor that builds a grid of orders based on my developed algorithm.

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

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

The internal algorithm of work and settings of the expert advisor for Short and Long trades are completely identical. Thus, the expert advisor works the same, regardless of the direction of the global trend.

The EA sets the TakeProfit parameter on all its orders and modifies it if necessary. It 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 are for the EURUSD pair.

My recommended leverage is 1:500 (1:400).


The minimum deposit is 2000 USD on standard type accounts. But I recommend to use a deposit 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 answer you in short time.


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        Allistair Kabelo Mandow
        1 (3)
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        MQL TOOLS SL
        4.35 (40)
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        MQL TOOLS SL
        5 (4)
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        Apache MHL Moving Average
        Paulo Roberto Da Costa
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        Patrick Jeannot
        4.75 (4)
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        Bogdan Ion Puscasu
        4.85 (172)
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        MQL TOOLS SL
        5 (2)
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        MQL TOOLS SL
        4.73 (44)
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        Ianina Nadirova
        5 (1)
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        Stefano Frisetti
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        Felipe Jose Costa Pereira
        3.83 (12)
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        Leonid Arkhipov
        4.94 (32)
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        Lachezar Krastev
        4.48 (25)
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        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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        MyGainer EA
        Sergey Belov
        5 (1)
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        Happy Sun MT5
        Sergey Belov
        5 (1)
        Expert adviser uses a breakout strategy when opening all orders without exception. Trading is conducted exclusively by pending orders. Entry points are located at local minimums and maximums, some levels are excluded with the internal filter of the EA. The maximum number of orders is set in the settings. The EA automatically determines the number of digits in quotes, so the user does not need to think about it and make the appropriate changes to the settings. You can use any type of account, suc
        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
        - The expert advisor determines the number of characters in quotes automatically.  - The timeframe on the chart does not matter, you can set any digits. Working timeframe is set directly in the settings of the EA. - You can use a dynamic calculated volume or a fixed one. - The spread filter prevents the expert advisor from opening trades when its value is large. - All trades the EA are open with the Take Profit parameter. - The drawdown control function allows the EA to forcibly close all posit
        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
        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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