Trirex Wave EA MT4 v2.4 with SetFiles | Unbounded

What is Trirex Wave EA MT4?

Trirex Wave EA MT4 is an advanced Forex trading robot designed to harness the natural ebb and flow of market prices for a strategic and balanced trading experience. Inspired by the dynamic rhythm of ocean waves, this Expert Advisor uses a robust Mean Reversion strategy to ride price waves back to their average values. Fully automated and highly adaptable, Trirex Wave EA allows traders to trade effortlessly while optimizing performance and minimizing risk.

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Main Features of Trirex Wave EA MT4

• Full Automation: Trades automatically from start to finish without manual intervention.
• Mean Reversion Strategy: Focuses on capturing price movements as they revert to their average values.
• Ebb & Flow Logic: Capitalizes on the natural rhythm of market prices for high-probability trades.
• Strategic Balance: Ensures trades are executed with precision, maintaining low drawdowns.
• Diverse Trading Setups: Offers multiple setups suitable for different trading styles and goals.

Additional Features

• Fully Automated Efficiency: No manual work required, saving time and reducing errors.
• Robust Mean Reversion: Designed to capitalize on predictable market patterns.
• Strategic and Balanced: Maintains a consistent approach with low drawdowns.
• Versatile Trading Setups: Tailored configurations suit traders of all experience levels.
• Backtesting and Adaptation: Provides informed decision-making and adapts to changing market conditions.

Why Choose Trirex Wave EA MT4?

• User-Friendly Interface: Easy setup with comprehensive guides for smooth deployment.
• Backtesting Capability: Allows full backtesting to make informed and confident trading decisions.
• Stress-Free Trading: Eliminates constant monitoring, enabling hands-off trading.
• Adaptive to Market Conditions: Adjusts strategies dynamically based on market movements.
• Customizable Options: Flexible settings to match individual trader preferences and risk levels.

Trirex Wave EA MT4 Backtest Results

What’s Included in the Download Package?

• Experts:
  • Trirex MT4 2.4.ex4
  • NewsFilter.ex4
•  Indicators:
  • Heiken Ashi.ex4
  • PriceBorder.ex4
• Presets:
  • 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

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How To Set Up EA

🔺Trirex MT4 2.4 EA is a low-risk multi-currency pair trading robot designed for flexible and controlled trading. With a small base lot size (0.01), lot multiplication options and break-even protection, it helps minimize initial trading risk. The ability to trade up to 99 currency pairs simultaneously supports high-frequency trading or grid trading, while news filters and spread limits protect against volatile market conditions.

🟢 Install the EA

1. Download the Trirex MT4 2.4 (.ex4) file.
2. Open MetaTrader 4 → File > Open Data Folder.
3. Navigate to MQL4 → Experts and paste the EA file.
4. Restart MT4 to load the EA.

🟢 Attach EA to Charts

• Open the chart(s) of your preferred currency pairs.
• Drag Trirex MT4 2.4 EA from the Navigator panel onto the chart.
• Enable:
  • AutoTrading
  • Allow DLL Imports
  • Allow Live Trading

🟢 Recommended Settings

• General Trading:
  • Lot Size: 0.01
  • Target Profit: 0.3 (account currency)
  • Lot Multiplier Enabled: true, Multiplier Times: 2
  • Open Trades After Pips: 13
• Break-even:
  • Enabled: true
  • Go Breakeven After X Trades: 3
• Trailing Stop:
  • Currently disabled (can enable Trailing From: 0.3, Step: 30 pipettes for profit locking)
• News Filter:
  • Enabled: true
  • Stop 60 min before news, Start 60 min after
  • Filter High Impact: true
  • Filter Bank Holidays: true
• Compounding: Disabled (Starting Balance: 10,000)
• Trade Management:
  • Max Active Pairs: 99
  • Max Open Trades: 99
  • Max Spread: 4.0 points
  • Slippage: 5.0
• Risk Management:
  • Hard Stoploss: false (optional 2% account limit if enabled)
  • Stop Trading After Stoploss: 24 hours
• Other Parameters:
  • Magic Number: 737289
  • Technical Indicators: PriceBorder, Heiken Ashi
  • Take Orders: Both (Buy & Sell)

Conclusion

In summary, Trirex Wave EA MT4 is a sophisticated Forex robot that combines full automation with a powerful Mean Reversion strategy to trade the natural waves of market prices. With stress-free trading, diverse setups, and backtesting capabilities, it provides traders with a reliable and strategic solution for long-term profitability. Whether you are a beginner or an experienced trader, Trirex Wave EA MT4 delivers a balanced, adaptive, and efficient approach to Forex trading.

>>> Reviewed by Jason Stap <<<