Wizard EA MT4 (Latest version) - Unlimited
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Wizard EA MT4: Dynamic Pending Order Execution
Wizard EA is an expert advisor designed for trading major currency pairs based on price movement analysis. It uses dynamic pending orders for market entry, strictly adhering to no martingale or averaging rules. The robot features preset risk level maintenance and spread widening control for optimal entries.
➡️ Vendor website: View here
About the Author
This product is compiled by Aleksandr Shurgin. This author has more than +10 years of experience working on MQL5 with many famous products such as Wizard EA MT4, Octopus Stability MT4, Monopolist EA MT4, Crown EA MT4, Oasis EA MT4 and other advisors. Among them, Wizard EA MT4 is his best performing product.
➡️ Delivery time 24h-48h after payment.
➡️ Refund if not delivered.
➡️ You will receive the current version without any limitations (ID+Time).
Wizard EA MT4 Review
Key Features of Wizard EA for MT4
🔹Dynamic Pending Orders: Market entry is achieved via dynamic pending orders.
🔹Price Movement Analysis: Trades are opened based on detailed price movement analysis.
🔹Strict Safety Rules: Adheres to no martingale or averaging trading methodologies.
🔹Fixed SL/TP: Stop Loss (SL) and Take Profit (TP) are always set for defined risk and profit targets.
🔹Execution Control: Controls spread widening and slippage via Max_Spread and Slippage parameters.
Trading Strategy
The core strategy is Dynamic Price Action Entry using Filtered Pending Orders. The EA analyzes price movement and uses regulated parameters to generate market entry signals.
🔹Signal Regulation: Signal_Factor regulates the generation of market entry signals for precision.
🔹Time Control: Uses StartTrade/EndTrade to restrict trading activity to specific server hours.
🔹Entry Filtering: Controls Max_Spread and Slippage to filter out poor execution conditions.
🔹Profit Trailing: Features TrailingStart/TrailingStop for dynamic profit protection.
Wizard EA MT4 Review
🧩 The Wizard EA backtest trading results achieved impressive profit performance for 12 months on the GBPUSD pair.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $3.43 million
✅ Maximum Drawdown: 0.66%
Wizard EA MT4 Backtest
🧩 The Wizard EA backtest trading results achieved impressive profit performance for 12 months on the EURUSD pair.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $423,933.77
✅ Maximum Drawdown: 0.36%
Wizard EA MT4 Backtests
Wizard EA Backtest
Why choose and use Wizard EA?
🔹Optimal entry point selection: Select the most favorable entry point by controlling the spread width.
🔹Automatic risk: Use AutoMM to automatically calculate the number of trading lots based on the risk percentage.
🔹Strategy compliance: The robot strictly follows the established strategy, ensuring discipline.
🔹Custom time: Allows setting specific trading time frames for each day of the week.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M5 (5 minute chart) |
| Currency pairs | Major currency pairs |
| Minimum / Recommended deposit | $200 |
| Minimum / Recommended leverage | Any |
| Account types | Any |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Experts: Wizard EA_fix.ex4
Conclusion
In short, Wizard for MT4 delivers a disciplined, precision-driven trading approach using dynamic pending orders, strict price-action filtering, and guaranteed SL/TP protection. With controlled spread, slippage, and customizable trading hours, it ensures stable execution across major pairs. Backtests highlight powerful growth with minimal drawdown, proving its reliability. Wizard EA stands out as a smart, safety-focused solution for traders seeking consistent, automated profit.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What trading strategy does Wizard EA use?
Wizard EA uses a Dynamic Price Action Entry system that analyzes price movement and places filtered pending orders based on signal precision parameters, without using martingale or averaging for safety.
❓ Does Wizard EA use Martingale or Averaging?
No. The EA strictly avoids martingale, grid, or averaging strategies. Every trade is opened with a fixed Stop Loss and Take Profit to maintain disciplined and predictable risk.
❓ Which currency pairs does Wizard EA work best on?
Wizard EA is optimized for major currency pairs such as EURUSD, GBPUSD, USDJPY, and others with stable movement and tight spreads, especially on the M5 timeframe.
❓ What is the minimum deposit required to run Wizard EA?
The recommended minimum deposit is $200, though higher balances provide better risk distribution. The EA supports any leverage and works on all account types.
❓ How does Wizard EA enter trades using dynamic pending orders?
The EA places dynamic pending orders based on real-time price movement calculations. These pending entries allow for cleaner executions, reduced slippage, and more accurate market positioning.
❓ What parameters control signal quality and execution safety?
Key parameters include Signal_Factor for signal precision, Max_Spread and Slippage for execution filtering, and TrailingStart/TrailingStop for protecting profits dynamically.
❓ Does Wizard EA include automated risk management?
Yes. The AutoMM feature automatically adjusts lot size based on a chosen risk percentage, ensuring consistent risk exposure across changing account balances.
❓ Can I control the trading hours with Wizard EA?
Absolutely. Wizard EA includes StartTrade/EndTrade settings, allowing users to define specific trading windows for each day of the week according to market conditions or personal strategy.
❓ What kind of performance did Wizard EA show in backtests?
The EA demonstrated strong returns, including:
✅ $3.43 million profit on GBPUSD (12 months) with only 0.66% drawdown.
✅ $423,933 profit on EURUSD (12 months) with 0.36% drawdown.
These results highlight its stability and precise entry logic.
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