Wave Rider V4.1 Ea MT5 and 50 similar items
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Wave Rider V4.1 EA MT5
$16.00
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Venmo accepted
PayPal, MasterCard, Visa, Discover, and American Express accepted
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Amazon Pay accepted
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View full item details »
Handling Fee
This is a digital good. After successful payment, you will receive a link to use to download the file.
Return policy
Purchase protection
Payment options
PayPal accepted
PayPal Credit accepted
Venmo accepted
PayPal, MasterCard, Visa, Discover, and American Express accepted
Maestro accepted
Amazon Pay accepted
Nuvei accepted
Listing details
| Seller policies: | |
|---|---|
| Price discount: |
30% off w/ $40.00 spent |
| Posted for sale: |
More than a week ago |
| Item number: |
1810244794 |
Item description
Gold trading is one of the most challenging markets in Forex due to its volatility, sharp reversals, and unpredictable news-driven movements. Wave Rider EA was designed specifically for XAUUSD traders who want professional-grade automation, precise entries and robust account protection.
Developed by Adam Hrncir, Wave Rider EA combines four specialized trading strategies, triple-timeframe trend confirmation, intelligent recovery technology, and multiple layers of risk management to create a complete Gold trading solution.
Vendor website: https://www.mql5.com/en/market/product/165897?source=Unknown#
Key Features of Wave Rider EA MT5
Hybrid Grid-Scalper Technology: Combines scalping precision with progressive grid recovery for XAUUSD stability.
Triple Timeframe Confirmation: Uses H1 trend direction with M15/M30 entry validation to ensure structural alignment.
Four Integrated Strategies: Support Resistance, Pullback, Trend Breakout, and M5 Bounce working independently or together.
Progressive Grid Spacing: Expands grid levels gradually to reduce risk during strong trends.
No Martingale System: Default lot multiplier 1.0 to maintain controlled risk exposure.
Fast Trade Execution: Most positions close within 30 minutes for minimal market exposure.
Trend-Aligned Entries Only: Avoids counter-trend trading and unstable choppy market conditions.
Additional Features
Three Layers of Protection: Includes Drawdown Protection, ATH Protection, and Dynamic Exit safeguards.
Drawdown Control System: Automatically closes trades and pauses trading when daily limits are reached.
ATH Entry Filter: Prevents buying near all-time highs using configurable thresholds.
Dynamic Exit Technology: Detects sharp adverse price spikes and closes grid positions automatically.
Advanced Position Sizing Modes: Fixed Lot, Auto Risk scaling, or Custom Scale options available.
Visual Trading Dashboard: Displays daily P/L, strategy status, drawdown data, and breakeven levels.
Smart Time Management: Multiple trading sessions, Friday filters, and NFP auto-detection included.
Key Takeaways
Platform: MetaTrader 5
Instrument: XAUUSD (Gold) only
Timeframe: Any chart timeframe (strategies use hard-coded internal timeframes — H1, M30, M15, M5, M1)
Strategies: 4 independent (S01-S04), each targeting different market conditions
Grid: Progressive spacing recovery, no martingale
Trend filter: H1 EMA-based, prevents counter-trend entries
Account protection: Drawdown Protection (% or money), ATH Protection, Dynamic Exit
Position sizing: Fixed Lot, Auto Risk (scales with balance), or Custom Scale
Time management: Multiple trading windows per day, separate Friday schedule, automatic NFP detection, per-strategy time ranges
Account type: Hedging required
Leverage: 1:100 minimum, 1:500 recommended
Minimum deposit: $300 (0.01 lot), $1,000+ recommended for comfortable grid recovery
Recommend use VPS (Click see here)
Conclusion
In summary, the Wave Rider EA MT5 is a powerful and structured trading solution specifically designed for the XAUUSD pair on the MetaTrader 5 platform. By combining hybrid grid and scalping technology, three timeframe confirmation, and four integrated gold trading strategies, it provides precise entry points with controlled risk management.
With impressive 12-month reverse test results on Fusion Markets and IC Markets showing a high win rate of over 82% and extremely low loss rates below 2.5%, this EA demonstrates strong stability and consistent performance. For traders seeking a professional, secure gold trading EA with intelligent recovery logic and ready-to-use optimal settings, the Wave Rider EA MT5 stands out as a reliable and high-performance automated trading system.
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