FiboPlusWaves EA MT4 (Latest version) - Unlimited
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FiboPlusWaves EA MT4: Elliott Wave Analysis & Trading System
FiboPlusWaves EA is a ready-made trading system based on Elliott waves and Fibonacci retracement levels. It is designed to be simple and affordable, providing visual wave markings and a built-in Alert system. It supports thirteen key trading tools including Forex, Gold and BTCUSD (Bitcoin).
➡️ Vendor website: View here
About the Author
This product is compiled by Sergey Malysh. This author has more than +9 years of experience working on MQL5 with many famous products such as FiboPlusWaves MT4, FiboPlusWaveRunner MT4 and other advisors. Among them, FiboPlusWaves 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).
Key Features of FiboPlusWaves EA for MT4
🔹Elliott Wave Marking: Displays main or alternative marking of Elliott waves on the chart.
🔹Automated S/R: Constructs horizontal levels, support and resistance lines, and trend channels.
🔹Risk Assessment: Provides position risk assessment by calculating the profit factor for the first goal.
🔹Trading Signals: Displays current trading signals with ready Stop Loss (SL) and Take Profit (TP) values.
What is the FiboPlusWaves EA trading strategy?
🔹Wave Pattern Entry: Utilizes Elliott waves and Fibonacci retracement levels for signal generation.
🔹Ready Trade Execution: Allows immediate order opening with system-provided SL and TP values.
🔹Visualized Forecast: Displays a forecast of market development with entry and exit point ranges.
🔹Daily Wave Updates: Receives daily updates of wave markings for current analysis accuracy.
FiboPlusWaves EA MT4 Review
➡️ The core strategy is Pattern-Based Wave Trading with Visual Risk Assessment. The system simplifies the complex Elliott Wave theory by providing daily updated wave markings and automatically constructing key S/R levels and channels.
➡️ Traders can immediately open market positions (Buy/Sell buttons) with ready SL and TP provided by the system based on the wave analysis. The strategy focuses on high-probability entries derived from wave patterns and Fibonacci levels, offering a forecast of market development with clear reference points.

FiboPlusWaves EA Review

FiboPlusWaves EA Reviews
Why choose and use FiboPlusWaves EA?
🔹High Accessibility: Allows trading based on Elliott wave theory without delving into the details.
🔹Multi-Asset Coverage: Supports thirteen key instruments, including Forex majors, Gold, Oil, and Bitcoin.
🔹Comprehensive Alerts: Built-in Alert system for signal notification.
🔹Visual Customization: Extensive controls for displaying and styling waves on any chart period.
🔹Risk Transparency: Calculates and displays signal profitability for clear risk comparison.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | Any |
| Currency pairs | Forex, Gold, Oil and BitCoin (BTCUSD) |
| Minimum / Recommended deposit | $500 |
| 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: FiboPlusWaves EA_fix.ex4
Conclusion
In short, FiboPlusWaves EA offers a powerful, pattern-driven approach by combining Elliott Wave logic, Fibonacci mapping, automated S/R levels, and visual risk assessment. With daily wave updates, ready SL/TP setups, and multi-asset compatibility, traders gain fast, accurate, and transparent decision-making. If you’re seeking a smarter, clearer, and more strategic trading edge—this EA delivers it.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What trading strategy does FiboPlusWaves EA use?
FiboPlusWaves EA uses a pattern-based Elliott Wave and Fibonacci retracement strategy, generating trading signals from confirmed wave structures and key Fibonacci levels to provide high-probability market entries.
❓ Do I need Elliott Wave knowledge to use this EA effectively?
No. The EA is designed for simplicity and accessibility. It automatically marks Elliott waves, draws S/R levels, and provides ready-made SL/TP levels, allowing traders to operate without deep wave theory expertise.
❓ Which trading instruments are supported by FiboPlusWaves EA?
The EA supports 13 major instruments, including Forex pairs, GOLD, OIL, and BTCUSD, making it suitable for multi-asset traders who want broad market coverage.
❓ How does the EA generate trading signals?
Signals are created using wave pattern recognition and Fibonacci-based retracement zones. The EA provides ready-to-use SL/TP values and indicates Buy/Sell opportunities directly on the chart.
❓ Does the system provide visual tools on the chart?
Yes. It displays Elliott wave markings, horizontal S/R levels, trend channels, forecast projections, and visual risk metrics—all designed to simplify decision-making.
❓ How does FiboPlusWaves EA handle risk assessment?
The EA calculates the profit factor and risk level for each potential trade based on the wave setup’s first target, allowing traders to evaluate signal strength before execution.
❓ Does the EA include alerts for trading opportunities?
Yes. FiboPlusWaves EA features a built-in Alert system that notifies users of new signals, wave updates, or actionable trading conditions in real time.
❓ How often are Elliott Wave markings updated?
The EA updates wave markings daily, ensuring accurate and dynamic wave structures based on the most recent market activity.
❓ Who developed FiboPlusWaves EA?
The EA is created by Sergey Malysh, an experienced MQL5 developer with 9+ years of expertise and multiple successful wave-based trading products, making this his top-performing system.










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