Trirex Wave EA MT4 v2.4 with SetFiles (Unlimited)
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Trirex Wave EA MT4: Automated Wave Reversion Trading
Trirex Wave EA is the ultimate Forex trading bot designed to bring the power of automated trading to your fingertips. Named after dynamic ocean waves, it capitalizes on the natural ebb and flow of market prices to ensure a balanced and strategic trading experience.
🔶 Vendor Website: View here
Trirex Wave EA Review
Key Features of Trirex Wave EA for MT4
🔹 Full Automation: A fully automated Forex robot requiring no manual intervention.
🔹 Diverse Setups: Offers a diverse array of trading setups tailored to every type of trader.
🔹 Natural Adaptation: Adapts its strategy to market conditions like the rhythm of the sea.
🔹 End-to-End Handling: Smart algorithms handle trades from start to finish automatically.
🔹 Backtesting Ability: Allows users to fully backtest the bot for informed decisions.
What is the Trirex Wave EA trading strategy?
The core strategy is Mean Reversion based on Price Flow. Trirex Wave is built to seamlessly ride the waves back to their average values.
🔹 Ebb & Flow Logic: Capitalizes on the natural ebb and flow of market prices.
🔹 Mean Reversion: Strategy based on riding waves back to their average values.
🔹 Strategic Balance: Unique approach ensures a balanced and strategic trading experience.
Trirex Wave EA MT4 Review
🧩 Trirex Wave EA backtest trading results have achieved impressive profit performance over the long term. The advisor shows impressive potential and is safe.
✅ Initial Deposit: $1,000
✅ YEARLY AVG PROFIT: $33,083.51
✅ CAGR: 15.17%
✅ Maximum Drawdown: 6.69%
Trirex Wave EA MT4 Backtest
Why choose and use Trirex Wave EA?
🔹 Stress-Free Trading: Eliminates the stress of constantly monitoring trades or making frantic adjustments.
🔹 User-Friendly: Setting up is a breeze with a user-friendly interface and comprehensive guide.
🔹 Informed Decisions: Full backtesting ability empowers users to make informed deployment decisions.
🔹 Customizable Fit: Offers diverse trading setups to align with every trading style and goal.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M1, M5 |
| Currency pairs | EURUSD (Any) |
| Minimum / Recommended deposit | $500 |
| Minimum / Recommended leverage | Any |
| Account types | Any |
| Product type | NoDLL / Unlimited / Fix |
| 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:
1. Experts:
✅ Trirex MT4 2.4.ex4
✅ NewsFilter.ex4
2. Indicators:
✅ Heiken Ashi.ex4
✅ PriceBorder.ex4
3. Setfiles:
✅ Wave-Higher-1.set
✅ Wave-Higher-2.set
✅ Wave-Higher-3.set
✅ Wave-Lower-1.set
✅ Wave-Lower-2.1.set
✅ Wave-Lower-2.2.set
✅ Wave-Lower-3.set
✅ Wave-Lower-4.set
✅ Wave-Medium-1.set
✅ Wave-Medium-2.set
Conclusion
In short, Trirex Wave EA for MT4 delivers a powerful Mean Reversion strategy based on natural price flow, adapting to market waves with precision and balance. With full automation, diverse setups, and deep backtesting capabilities, it ensures stress-free, informed and strategically optimized trading. Offering impressive long-term performance with low drawdown, Trirex Wave EA is not just a tool—but your gateway to riding the profitable rhythm of the market.
Trirex Wave EA MT4 Settings Explained
Trirex Wave EA MT4 is an automated Forex trading robot for MetaTrader 4 that combines wave-based entries, lot multiplication, breakeven management, trailing systems and advanced news filtering.
The EA is designed to help traders automate trade execution while maintaining flexible risk control, compounding options and multi-pair management features.
With support for custom indicators like PriceBorder and Heiken Ashi, Trirex Wave EA MT4 provides a structured trading environment suitable for both conservative and aggressive Forex traders.
Trirex Wave EA MT4 Settings
Trirex Wave EA MT4 Full Settings Explanation
Below are the details of the parameters in the advisor’s trading system settings table:
Trirex Wave EA MT4 Settings Panel
General Settings
🔹 Lot Size = 0.01: Sets the default starting trade volume to 0.01 lots.
🔹 Target Profit = 0.3: Defines the target profit level at 0.3.
🔹 Lot Multiplier Enabled = true: Activates the lot multiplication feature for scaling positions.
🔹 Lot Multiplier Times = 2.0: Multiplies the lot size by 2.0 after specified conditions are met.
🔹 Open Trades After Pips = 13.0: Opens additional trades when price moves 13.0 pips.
Breakeven Settings
🔹 Breakeven Enabled = true: Enables automatic breakeven protection for open trades.
🔹 Go Breakeven After X Trades = 3: Activates breakeven mode after 3 trades are opened.
Trailing Settings
🔹 Trailing Enabled = false: Disables the trailing stop feature.
🔹 Trailing From = 0.3: Sets the profit level at 0.3 before trailing begins.
🔹 Trailing Step (Pipettes) = 30: Adjusts the trailing stop every 30 pipettes.
News Filter Settings
🔹 Use News Filter = true: Enables economic news filtering to avoid volatile events.
🔹 Stop Bot When Error = false: Keeps the EA running even if an error occurs.
🔹 Keep Managing Already Open Pairs = true: Continues managing existing trades during news events.
🔹 Stop Before News (minutes) = 60: Stops opening new trades 60 minutes before news releases.
🔹 Start After News (minutes) = 60: Resumes trading 60 minutes after news events.
🔹 Only Affect Pairs in News = true: Applies news filtering only to affected currency pairs.
🔹 Always Filter USD = true: Always applies filtering for USD-related news.
🔹 Filter Low Impact = false: Ignores low-impact economic news.
🔹 Filter Medium Impact = false: Ignores medium-impact economic news.
🔹 Filter High Impact = true: Filters trading during high-impact news events.
🔹 Filter Bank Holidays = true: Avoids trading during bank holidays.
Compounding Settings
🔹 Compounding Enabled = false: Disables automatic compounding of lot sizes.
🔹 Starting Balance = 10000.0: Uses 10000.0 as the reference account balance for compounding.
🔹 Compound Every X Profit = 1000.0: Increases lot sizing after every 1000.0 profit.
🔹 Add X Lotsize = 0.01: Adds 0.01 lots during compounding increments.
Maximum Settings
🔹 Maximum Active Pairs = 99: Allows trading on up to 99 currency pairs simultaneously.
🔹 Seconds Delay To Open = 0: Opens trades instantly with 0 seconds delay.
🔹 Maximum Open Trades Allowed = 99: Limits the maximum number of active trades to 99.
🔹 Maximum Spread = 4.0: Prevents trading when spread exceeds 4.0.
🔹 Maximum Multiplier Lotsize = 999.0: Caps multiplied lot sizes at 999.0.
Risk Management Settings
🔹 Enable Hard Stoploss = false: Disables fixed hard stop-loss protection.
🔹 Hard Stoploss % Account = 2.0: Defines hard stop-loss at 2.0% of account balance if enabled.
🔹 Stop Trading After Stoploss For Hours = 24: Pauses trading for 24 hours after stop-loss activation.
🔹 Close All Trades When Equity Below = 0.0: Disables equity-based emergency closure because value is 0.0.
Other Settings
🔹 Slippage = 5.0: Allows maximum slippage of 5.0 points during order execution.
🔹 Magic Number = 737289: Assigns the unique identifier 737289 to EA trades.
🔹 Trade Comments = Trirex 2.2: Adds the trade comment label Trirex 2.2 to all positions.
🔹 Custom Indicator Name = PriceBorder: Uses the custom indicator PriceBorder for trading analysis.
🔹 Custom Indicator Name = Heiken Ashi: Uses the Heiken Ashi indicator for trend filtering.
🔹 Show Information Box = true: Displays the EA information panel on the chart.
🔹 Take Orders = Both: Allows both Buy and Sell trading operations.
Conclusion
Trirex Wave EA MT4 is a powerful automated trading system designed for traders who need flexible lot scaling, advanced news filtering, breakeven protection and custom indicator integration. With configurable compounding, risk controls, and multi-pair trading support, the EA offers a balanced solution for automated Forex trading on MetaTrader 4. Proper optimization and broker selection are essential for achieving stable long-term performance.
FAQs
❓ What is Trirex Wave EA MT4?
Trirex Wave EA MT4 is an automated Forex trading Expert Advisor designed for MetaTrader 4 with wave-based trading and advanced risk management features.
❓ Does Trirex Wave EA MT4 support news filtering?
Yes, the EA includes a built-in economic news filter with support for high-impact news protection.
❓ Can Trirex Wave EA MT4 trade both Buy and Sell positions?
Yes, the “Take Orders = Both” setting allows simultaneous Buy and Sell trading operations.
❓ What indicators are used in Trirex Wave EA MT4?
The EA uses custom indicators such as PriceBorder and Heiken Ashi for market analysis.
❓ Is compounding enabled by default in Trirex Wave EA MT4?
No, compounding is disabled by default, but it can be enabled and customized by the user.
User Reviews
Only logged in customers who have purchased this product may leave a review.
🔴 What trading strategy does Trirex Wave EA use?
Trirex Wave EA uses a Mean Reversion strategy based on Price Flow, capitalizing on the natural ebb and flow of market prices to return to their average values for a balanced and strategic trading experience.
🔴 Is Trirex Wave EA fully automated?
Yes, the EA is 100% fully automated. It manages everything from entry, management, to exit without manual intervention, making it ideal for hands-free trading.
🔴 What are the minimum requirements to run Trirex Wave EA?
✔ Platform: MetaTrader 4 (MT4)
✔ Timeframes: M1, M5
✔ Currency Pair: EURUSD (or any)
✔ Minimum Deposit: $500
✔ Leverage: Any
🔴 Can I customize trading settings in Trirex Wave EA?
Yes, it offers a diverse range of trading setups to match different styles and goals, allowing traders to customize risk levels, execution behavior, and trade frequency.
🔴 Does Trirex Wave EA work in all market conditions?
Absolutely. Its Natural Adaptation feature allows it to adjust trading behavior according to trending, ranging, or volatile markets—like waves adapting to ocean currents.
🔴 What kind of performance has Trirex Wave EA shown in backtesting?
📊 Verified Backtest Results:
✔ Initial Deposit: $1,000
✔ Yearly Avg Profit: $33,083.51
✔ CAGR: 15.17%
✔ Maximum Drawdown: 6.69%
🔴 Can I backtest Trirex Wave EA before using it?
Yes, it supports full backtesting so you can analyze performance, optimize settings, and make informed decisions before deploying it on live accounts.
🔴 Is Trirex Wave EA beginner-friendly?
Yes, it is designed for traders of all levels. With user-friendly setup, full automation, and a smart guide, beginners can start easily without deep trading knowledge.
🔴 What makes Trirex Wave EA different from other EAs?
It offers natural market adaptability, stress-free trading, diverse setup options, powerful backtesting capability, and balanced risk-reward management—making it ideal for both beginners and professionals.
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