Wave Hunter EA MT4 with SetFiles (Latest version)

What is Wave Hunter 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 +11 years of experience working on MQL5 with many famous products such as Wave Hunter EA MT4, Wave Hunter EA MT5, Shark Surfer EA MT4 and other advisors. Among them, Wave Hunter EA is his best performing products.

➡️ Delivery time 24h-48h after payment.
➡️ Refund if not delivered.
➡️ ou will receive the current version without any limitations (ID+Time).

Key Features of Wave Hunter EA for MT4

🔹 Breakout Scalping System: Uses pending orders to capture price movements when key channel levels are broken.
🔹 Fixed Risk Protection: Applies a predefined Stop Loss (SL) on every trade to ensure consistent capital control.
🔹 Trailing & Breakeven Logic: Secures profits by adjusting stop levels once trades move into positive territory.
🔹 Smart Lot Management: Offers automatic lot sizing to adapt risk based on account balance and settings.
🔹 Flexible Trade Controls: Includes time filters, spread limits, and Friday closing options for safe execution.

Why Choose & Use Wave Hunter EA?

🔹 Stable Trading Performance: Designed to deliver consistent results using structured breakout logic.
🔹 Strong Risk Control System: Protects capital with fixed stop loss and adaptive trade management tools.
🔹 Efficient Scalping Approach: Captures short-term opportunities with precise and disciplined execution.
🔹 Adaptable Market Behavior: Responds to changing conditions using flexible parameters and smart filters.
🔹 Marketplace-Ready Solution: Ideal for traders seeking a reliable EA focused on control and consistency.

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

What is the Wave Hunter EA Trading Strategy?

🔹 Channel Breakout Logic: Identifies price ranges and places pending orders to capture breakout movements.
🔹 Momentum-Based Entries: Trades when price breaks key extremums, signaling strong directional momentum.
🔹 Dynamic Profit Handling: Uses trailing stop and breakeven instead of fixed targets to maximize gains.
🔹 Volatility-Aware Execution: Filters trades based on spread and market conditions for stable performance.
🔹 Price Action Confirmation: Incorporates candlestick behavior such as pin bars to refine exit decisions.

Is Wave Hunter EA MT4 safe?

Wave Hunter EA shows significant potential in providing stable and reliable profits, making it a reliable tool in the forex market. The advisor is highly appreciated by the MQL5 community in many aspects and has won the trust of users.

➡️ 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:

➡️ Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

1. Experts:

✅ Wave Hunter EA_fix.ex4

2. SetFiles:

✅ wave_1.set
✅ wave_2.set

Conclusion

In short, Wave Hunter EA 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.