Wave Hunter EA MT4 v2.9 with SetFiles (Unlimited)

Wave Hunter EA MT4 – Advanced Scalping Expert Advisor (EA)

Wave Hunter EA is a high-performance scalping EA that uses pending orders to trade price breakouts. By analyzing market movements, it places trades at key price levels and maximizes profit potential using trailing stop and breakeven mechanisms.

This EA is designed for traders who seek low-risk, high-reward strategies while maintaining a fixed stop loss for every trade. Unlike conventional EAs with static take profit levels, Wave Hunter EA adapts dynamically to price action for optimized exits.

🔹Vendor Wedsite: Click here

About the Author

This product is compiled by Roman Sheikin. This author has more than +10 years of experience working on MQL5 with many famous products such as Wave Hunter EA, Shark Surfer EA and other advisors. Among them, Wave Hunter EA 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

🔹Breakout Scalping Strategy – Uses pending orders to trade price breakouts based on market extremums, maximizing profitable moves.
🔹Advanced Risk Management – Includes fixed stop loss, trailing stop, and breakeven levels to protect profits and minimize losses.
🔹Smart Trading Automation – Features SmartLot for automatic lot size adjustments, optimizing trade volume based on risk settings.
🔹Fully Customizable Settings – Allows users to adjust take profit, stop loss, trailing parameters, and order distance for personalized trading strategies.
🔹Friday Auto-Close Feature – Enables traders to automatically close market or pending orders at a specified time to avoid weekend market gaps.

Additional Features

🔹On-Screen Trading Statistics – Displays balance, spread, deal history, and time elapsed since last trade for easy monitoring.
🔹Optimized Backtested Settings – Developed using 99% modeling quality testing for robust performance.
🔹Flexible Time Control – Users can define start and stop trading times for precise market entry and exit.
🔹Pin Bar Detection – Option to close trades after a Pin Bar formation, improving trade accuracy.
🔹Max Spread Filter – Prevents trading when spreads exceed a predefined limit, reducing the impact of high market volatility.
🔹Developer Support – Ongoing updates and technical assistance for smooth operation.

Benefits of Wave Hunter EA MT4

🔹High-Precision Breakout Trading – Trades key price levels with pending orders for better execution.
🔹Effective Loss Protection – Implements fixed stop loss & trailing mechanisms to secure profits.
🔹Flexible & Adaptive – Works with custom settings, automated lot sizing, and risk control features.
🔹Efficient Trade Management – Automatically closes trades on Fridays and allows manual or automated intervention.
🔹Backtested & Proven Performance – Developed with high-quality historical data analysis for consistent results.

Wave Hunter EA MT4 Review

Wave Hunter EA backtest results achieved impressive profit performance when trading EURUSD pair. The Expert Advisor (EA) has made trading easy through the challenges and volatility of the forex market.

🔹1 year backtest trading (2016 – 2017) with EURUSD pair on H1 timeframe, achieving performance parameters including:

✅ Intinal Deposit: $1,000
✅ Total Net Profit: $3,760
✅ Equity Drawdown Maximal: 15.44%
✅ High Win Rate: 99.19%

Wave Hunter EA Backtest Results

🔹2 year backtest trading (2015 – 2017) with EURUSD pair on H1 timeframe, achieving performance parameters including:

✅ Intinal Deposit: $1,000
✅ Total Net Profit: $4,909
✅ Equity Drawdown Maximal: 23.31%
✅ High Win Rate: 95.69%

Wave Hunter EA Backtest

User Reviews and Feedback

Wave Hunter EA delivers outstanding trading performance, especially when optimized for EURUSD pair, demonstrating the potential to generate consistent profits. Highly regarded and trusted by the MQL5 community, this expert advisor combines advanced strategies with reliable results, making it a top choice for traders looking for efficiency and profitability in the forex market. Here are the 5-star user reviews:

🔹Trader1614 (2018.06.13): “Excellent EA, Testing on Demo accounts looking very promising and highly recommend this EA as Roman is very patient and answering all my queries. I’m testing for other pairs.”
🔹Aci-crosser89 (2017.08.11): “Very good and Profitable EA. Love it. It Worth’s every cent.”
🔹Andrea (2017.04.14): “Good EA, profitable on live account for EURUSD pair. I’m testing for other pairs.”
🔹Ahmed Ibrahim (2016.12.16): “This EA one of the best breakout EA’s on the market i have been testing for 2 weeks and already get my rent back for 6 months.”

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

Product Download Package?

The download package of the product suite includes:

1. Experts:

✅ Wave Hunter EA MT4_Unlimited.ex4

2. Presets:

✅ wave_1.set
✅ wave_2.set

Conclusion

In short, Wave Hunter EA MT4 is a high-performance scalping Expert Advisor (EA) designed to maximize trading opportunities by utilizing a breakout strategy with pending orders. By dynamically adapting to market movements, it ensures precise entries and optimized exits through trailing stop and breakeven mechanisms.

This EA is built for traders looking for low-risk, high-reward strategies, offering advanced risk management, customizable trading parameters, and SmartLot automation for optimized trade execution. Successfully backtested and proven on EURUSD, Wave Hunter EA has delivered high profitability and consistency, making it a trusted choice among MQL5 traders.

>> Reviewed by David Easton <<