Wave Hunter EA MT4 with SetFiles (Latest original version)

What is Wave Hunter EA MT4?

Wave Hunter EA is a high-performance, low-risk scalping Expert Advisor (EA) engineered to capture price breakouts using smart pending order strategies. By analyzing real-time market movement, it places trades at critical price levels and maximizes profitability through dynamic trailing stop and breakeven systems. Unlike traditional EAs with fixed take profit levels, Wave Hunter EA adapts to live price action for optimized trade exits. With a fixed stop-loss on every position and no martingale or grid strategies, it’s ideal for traders seeking consistent gains with controlled risk.

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Wave Hunter EA Overview

Key Features of Wave Hunter EA

•  Breakout Scalping with Pending Orders – Trades explosive market moves using price extremum breakouts for high-profit potential.
•  Comprehensive Risk Management Tools – Built-in fixed stop loss, trailing stop, and breakeven levels safeguard profits and limit drawdowns.
•  Smart Automated Lot Sizing (SmartLot) – Dynamically adjusts lot size based on account balance and risk preferences.
•  Fully Customizable Trade Parameters – Flexible settings for TP, SL, trailing steps, and order distance to match any trading style.
•  Friday Auto-Close Protection – Automatically closes positions before the weekend to avoid gaps and increased volatility.

Why choose Wave Hunter EA MT4?

• Precision Wave-Based Strategy – Leverages Elliott Wave and harmonic patterns to identify high-probability trade setups with minimal false signals.
• Fully Automated Execution – Executes trades seamlessly on MT4 without manual intervention, ensuring consistent performance across market sessions.
• Built-In Risk Controls – Includes smart stop loss, take profit, and dynamic lot sizing to protect capital and maximize reward-to-risk ratio.
• Multi-Pair & Timeframe Compatibility – Optimized for various forex pairs and timeframes, offering flexibility and broad market coverage.

Wave Hunter EA MT4 Review

🔹In a 1-year backtest (2016–2017) on the H1 timeframe, the EA delivered strong results with the following key metrics:
✅ Initial Deposit: $1,000
✅ Total Net Profit: $3,760
✅ Maximum Equity Drawdown: 15.44%
✅ High Win Rate: 99.19%

Wave Hunter EA Backtest Results

🔹2-year backtest (2015–2017) on the EURUSD pair using the H1 timeframe highlights Wave Hunter EA’s strong and consistent trading performance. The results confirm its reliability and profitability over extended market conditions.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $4,909
✅ Maximum Equity Drawdown: 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.”

Latest product download package includes

The download package of the product suite includes:

1. Experts:

✅ Wave Hunter EA MT4_Unlimited.ex4

2. Presets:

✅ wave_1.set
✅ wave_2.set

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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 products. Among them, Wave Hunter EA is his best performing product in 10 years.

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

Conclusion

In short, Wave Hunter EA MT4 is a powerful scalping Expert Advisor (EA) optimized for breakout trading using pending orders on the EURUSD pair. Engineered for high-precision entries and dynamic exits, it leverages trailing stop and breakeven logic to lock in profits while minimizing risk.
Designed for traders seeking low-risk, high-reward strategies, Wave Hunter EA offers advanced risk management, SmartLot automation, and fully customizable settings. With proven backtest results and consistent performance, it’s a trusted and profitable solution for MQL5 users aiming for long-term trading success.

>>> Reviewed by Jason Stap <<<